Current Account Balance: Denmark
Denmark's current account balance is currently 11.7 % of GDP as of 2026. # Denmark Current Account Balance Denmark's current account balance stands at 11.
Current (2026)
11.7 % of GDP
-4.1% y/y
Peak (2024)
12.2 % of GDP
Low (1986)
-5.1 % of GDP
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Current Account Balance — Denmark
1980 — 2026
Current Account Balance — Denmark
Analysis# Denmark Current Account Balance
Denmark's current account balance stands at 11.7% of GDP in 2026, reflecting exceptionally strong external finances. This figure approaches the all-time peak of 12.2% recorded in 2024 and represents a dramatic reversal from the 1986 low of -5.1%. Since 1980, Denmark's current account has improved by 444.1%, demonstrating sustained economic competitiveness and export strength over four decades.
The most striking shift occurred after 2016, when the balance climbed from 7.3% in 2017 to 11.2% by 2022—a sharp acceleration driven by export demand and favorable trade dynamics. Rates have stabilized near peak levels, fluctuating between 11% and 12.2% from 2023 onward. Projections suggest a modest decline to 11.7% by 2026, indicating Denmark will maintain one of the world's strongest current account positions despite the slight pullback from its recent highs.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 11.2 % of GDP | +0.00% |
| 2029 | 11.2 % of GDP | -0.88% |
| 2028 | 11.3 % of GDP | -0.88% |
| 2027 | 11.4 % of GDP | -2.56% |
| 2026 | 11.7 % of GDP | -4.10% |
| 2025 | 12.2 % of GDP | +0.00% |
| 2024 | 12.2 % of GDP | +10.91% |
| 2023 | 11 % of GDP | -1.79% |
| 2022 | 11.2 % of GDP | +31.76% |
| 2021 | 8.5 % of GDP | +18.06% |
| 2020 | 7.2 % of GDP | -2.70% |
| 2019 | 7.4 % of GDP | +17.46% |
| 2018 | 6.3 % of GDP | -13.70% |
| 2017 | 7.3 % of GDP | +2.82% |
| 2016 | 7.1 % of GDP | -11.25% |
| 2015 | 8 % of GDP | -4.76% |
| 2014 | 8.4 % of GDP | +13.51% |
| 2013 | 7.4 % of GDP | +21.31% |
| 2012 | 6.1 % of GDP | -3.17% |
| 2011 | 6.3 % of GDP | -1.56% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 6.4 % of GDP | +77.78% |
| 2009 | 3.6 % of GDP | +24.14% |
| 2008 | 2.9 % of GDP | +123.08% |
| 2007 | 1.3 % of GDP | -59.38% |
| 2006 | 3.2 % of GDP | -21.95% |
| 2005 | 4.1 % of GDP | +2.50% |
| 2004 | 4 % of GDP | +2.56% |
| 2003 | 3.9 % of GDP | +30.00% |
| 2002 | 3 % of GDP | -16.67% |
| 2001 | 3.6 % of GDP | +80.00% |
| 2000 | 2 % of GDP | -20.00% |
| 1999 | 2.5 % of GDP | +2600.00% |
| 1998 | -0.1 % of GDP | -107.69% |
| 1997 | 1.3 % of GDP | -18.75% |
| 1996 | 1.6 % of GDP | +60.00% |
| 1995 | 1 % of GDP | -50.00% |
| 1994 | 2 % of GDP | -41.18% |
| 1993 | 3.4 % of GDP | +25.93% |
| 1992 | 2.7 % of GDP | +92.86% |
| 1991 | 1.4 % of GDP | +40.00% |
| 1990 | 1 % of GDP | +200.00% |
| 1989 | -1 % of GDP | +16.67% |
| 1988 | -1.2 % of GDP | +55.56% |
| 1987 | -2.7 % of GDP | +47.06% |
| 1986 | -5.1 % of GDP | -15.91% |
| 1985 | -4.4 % of GDP | -51.72% |
| 1984 | -2.9 % of GDP | -26.09% |
| 1983 | -2.3 % of GDP | +39.47% |
| 1982 | -3.8 % of GDP | -22.58% |
| 1981 | -3.1 % of GDP | +8.82% |
| 1980 | -3.4 % of GDP | — |
Related Data
Other Metrics
For Denmark
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Demographics
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