The benchmark interest rate in Denmark was last recorded at 1.25 percent. source: Danmarks Nationalbank

Interest Rate in Denmark averaged 2.35 percent from 1992 until 2022, reaching an all time high of 15.00 percent in November of 1992 and a record low of -0.75 percent in February of 2015. This page provides the latest reported value for - Denmark Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.

Interest Rate in Denmark is expected to be 1.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Interest Rate is projected to trend around 1.75 percent in 2023 and 1.40 percent in 2024, according to our econometric models.

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Denmark Interest Rate

Related Last Previous Unit Reference
Interest Rate 1.25 0.65 percent Oct 2022
Interbank Rate 2.20 2.20 percent Dec 2022
Money Supply M1 1579506.00 1582320.00 DKK Million Oct 2022
Money Supply M0 68825.70 70219.70 DKK Million Oct 2022
Money Supply M2 1703053.00 1684252.00 DKK Million Oct 2022
Money Supply M3 1844182.00 1821249.00 DKK Million Oct 2022
Banks Balance Sheet 5257388.50 5428789.20 DKK Million Oct 2022
Foreign Exchange Reserves 563600.00 554200.00 DKK Million Oct 2022
Loans to Private Sector 452.04 459.94 DKK Billion Oct 2022
Lending Rate 1.40 1.40 percent Dec 2022
Central Bank Balance Sheet 596.69 575.18 DKK Billion Sep 2022

Denmark Interest Rate
In Denmark, interest rates decisions are taken by the Board of Governors of the Central Bank of Denmark (Danmarks Nationalbank). The main interest rate is the certificates of deposit rate. The Danish central bank follows the path set by the ECB and the key rate will be raised or lowered when the ECB changes the refinance rate. The Danish central bank’s main policy aim is to hold the euro’s exchange rate within 2.25% either above or below 7.46038 kroner in an effort to keep inflation low and provide stability for exporters.
Actual Previous Highest Lowest Dates Unit Frequency
1.25 0.65 15.00 -0.75 1992 - 2022 percent Daily