Annual government: Gross capital formation … acquisitions in Denmark
Denmark: Annual government: Gross capital formation … acquisitions was 91,294 National currency in 2024. ▲ Rising
Annual government expenditure by function (COFOG) — Gross capital in Denmark, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
Denmark recorded 91,294 National currency for annual government expenditure by function (cofog) — gross capital in 2024. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 5.5% on the previous year and up 23.0% over ten years.
Over the whole period, annual government expenditure by function (cofog) — gross capital in Denmark peaked at 91,294 National currency in 2024 and was at its lowest, 29,010 National currency, in 1995.
Denmark ranks 16th of 28 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Annual government: Gross capital formation … acquisitions in Denmark, year by year
| Year | National currency | Change |
|---|---|---|
| 1995 | 29,010 National currency | — |
| 1996 | 31,717 National currency | +9.3% |
| 1997 | 31,857 National currency | +0.4% |
| 1998 | 30,394 National currency | -4.6% |
| 1999 | 32,010 National currency | +5.3% |
| 2000 | 34,733 National currency | +8.5% |
| 2001 | 37,311 National currency | +7.4% |
| 2002 | 36,387 National currency | -2.5% |
| 2003 | 35,652 National currency | -2.0% |
| 2004 | 39,274 National currency | +10.2% |
| 2005 | 37,885 National currency | -3.5% |
| 2006 | 42,580 National currency | +12.4% |
| 2007 | 49,159 National currency | +15.5% |
| 2008 | 51,944 National currency | +5.7% |
| 2009 | 52,284 National currency | +0.7% |
| 2010 | 56,490 National currency | +8.0% |
| 2011 | 58,806 National currency | +4.1% |
| 2012 | 69,836 National currency | +18.8% |
| 2013 | 68,271 National currency | -2.2% |
| 2014 | 74,224 National currency | +8.7% |
| 2015 | 69,682 National currency | -6.1% |
| 2016 | 76,506 National currency | +9.8% |
| 2017 | 70,656 National currency | -7.6% |
| 2018 | 73,970 National currency | +4.7% |
| 2019 | 71,183 National currency | -3.8% |
| 2020 | 78,917 National currency | +10.9% |
| 2021 | 76,358 National currency | -3.2% |
| 2022 | 83,821 National currency | +9.8% |
| 2023 | 86,523 National currency | +3.2% |
| 2024 | 91,294 National currency | +5.5% |
Denmark compared with similar countries
- Denmark's 91,294 National currency is below the median for high income countries, which is 92,572 National currency, 99% of the median. (27 countries reporting)
- Denmark's 91,294 National currency is above the median for Europe & Central Asia, which is 79,675 National currency, 1.1× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30,998 National currency | 29,010 National currency | 32,010 National currency | 5 |
| 2000s | 41,721 National currency | 34,733 National currency | 52,284 National currency | 10 |
| 2010s | 68,962 National currency | 56,490 National currency | 76,506 National currency | 10 |
| 2020s | 83,383 National currency | 76,358 National currency | 91,294 National currency | 5 |
Countries ranked near Denmark
More public sector data for Denmark
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is annual government expenditure by function (cofog) — gross capital in Denmark?
- Annual government expenditure by function (cofog) — gross capital in Denmark was 91,294 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government expenditure by function (cofog) — gross capital recorded in Denmark?
- The highest recorded value was 91,294 National currency in 2024.
- What is the lowest annual government expenditure by function (cofog) — gross capital recorded in Denmark?
- The lowest recorded value was 29,010 National currency in 1995.
- How does Denmark rank for annual government expenditure by function (cofog) — gross capital?
- Denmark ranks 16th out of 28 countries with data for 2024.
- Is annual government expenditure by function (cofog) — gross capital rising or falling in Denmark?
- Over the last ten years it is up 23.0%. The long-run trend across the full record is rising.
- Where does this Denmark data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets. Statizoid updates them automatically from the source API.
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About this data
This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org