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Gross debt in Denmark

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Denmark in the period from 1998 to 2019 was between 79.7 bn and 159.3 bn USD. The hightest level within the past 21 years was reached in 2011. However, the liabilities in 2019 have been only 116.68 bn USD

Based on the number of inhabitants, this is in Denmark a debt of 20,053 USD per person. For comparison: The average debt per person in the same year in the European Union was 32,667 USD.


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Gross debt of the last 21 years in billion USD




JahrDenmark totalDenmark per capitaEU per capita
1998105.61 bn USD19,911 USD12,387 USD
199999.75 bn USD18,744 USD12,342 USD
200083.92 bn USD15,717 USD10,778 USD
200179.71 bn USD14,875 USD10,717 USD
200286.43 bn USD16,078 USD11,593 USD
2003100.47 bn USD18,639 USD14,402 USD
2004111.20 bn USD20,575 USD16,970 USD
200598.95 bn USD18,258 USD17,846 USD
200689.38 bn USD16,438 USD18,591 USD
200787.38 bn USD15,999 USD20,509 USD
2008118.47 bn USD21,565 USD23,520 USD
2009129.70 bn USD23,483 USD25,266 USD
2010137.17 bn USD24,726 USD30,683 USD
2011159.32 bn USD28,600 USD34,278 USD
2012146.50 bn USD26,200 USD33,161 USD
2013151.33 bn USD26,951 USD35,247 USD
2014156.50 bn USD27,731 USD36,694 USD
2015120.42 bn USD21,187 USD31,489 USD
2016116.85 bn USD20,400 USD31,202 USD
2017119.61 bn USD20,748 USD32,056 USD
2018121.27 bn USD20,932 USD33,826 USD
2019116.68 bn USD20,053 USD32,667 USD


Comparison of the gross debt per capita with the European Union in Euro



      Denmark       European Union


Budget deficit in Denmark

The budget deficit of a country is the result of all its claims and liabilities. This includes incomes and expenses, repayments and building of new debts in other countries, but also domestic positions of the government, such as social insurances, local authorities and communities. It is the financial balance of the economic accounts. In simple terms: If a country at the end of the year has more money, than at at the beginning, it is a surplus - it is less, it is called deficit.

The budget balance in Denmark in the period between 1998 and 2019 varied between -11.42 bn Euro and +16.06 bn Euro. In 2019 was reached a balance of 13.24 bn Euro.

In ratio to population, this equals a surplus of 2,275 Euro per capita in Denmark. For comparison, the average debt per capita in the European Union was in the same year at 332 Euro.


Budget deficit and surplus in the last 21 years

JahrDenmark totalDenmark per capitaEU per capita
19980.09 bn USD16 USD-350 USD
19992.59 bn USD487 USD-180 USD
20003.63 bn USD680 USD98 USD
20012.39 bn USD446 USD-263 USD
20020.65 bn USD120 USD-496 USD
20030.21 bn USD38 USD-738 USD
20045.22 bn USD966 USD-808 USD
200513.12 bn USD2,421 USD-722 USD
200614.12 bn USD2,597 USD-499 USD
200716.06 bn USD2,940 USD-315 USD
200811.28 bn USD2,053 USD-951 USD
2009-9.03 bn USD-1,634 USD-2,252 USD
2010-8.74 bn USD-1,575 USD-2,486 USD
2011-7.09 bn USD-1,273 USD-1,907 USD
2012-11.42 bn USD-2,042 USD-1,689 USD
2013-4.25 bn USD-756 USD-1,354 USD
20144.04 bn USD716 USD-1,226 USD
2015-3.54 bn USD-622 USD-871 USD
20160.41 bn USD72 USD-620 USD
20175.95 bn USD1,032 USD-406 USD
20182.47 bn USD426 USD-288 USD
201913.24 bn USD2,275 USD-332 USD


(negative numbers = deficit)