Annual government: Gross fixed capital formation … function fixed in Denmark
Denmark: Annual government: Gross fixed capital formation … function fixed was 92,992 National currency in 2024. ▲ Rising
Annual government expenditure by function (COFOG) — Gross fixed in Denmark, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
In 2024, annual government expenditure by function (cofog) — gross fixed in Denmark stood at 92,992 National currency. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 5.0% on the previous year and up 22.5% over ten years.
Over the whole period, annual government expenditure by function (cofog) — gross fixed in Denmark peaked at 92,992 National currency in 2024 and was at its lowest, 29,883 National currency, in 1995.
That places Denmark 15th out of 27 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Annual government: Gross fixed capital formation … function fixed in Denmark, year by year
| Year | National currency | Change |
|---|---|---|
| 1995 | 29,883 National currency | — |
| 1996 | 33,205 National currency | +11.1% |
| 1997 | 33,580 National currency | +1.1% |
| 1998 | 32,008 National currency | -4.7% |
| 1999 | 34,004 National currency | +6.2% |
| 2000 | 36,787 National currency | +8.2% |
| 2001 | 41,206 National currency | +12.0% |
| 2002 | 38,611 National currency | -6.3% |
| 2003 | 37,746 National currency | -2.2% |
| 2004 | 42,571 National currency | +12.8% |
| 2005 | 43,072 National currency | +1.2% |
| 2006 | 49,188 National currency | +14.2% |
| 2007 | 52,628 National currency | +7.0% |
| 2008 | 53,716 National currency | +2.1% |
| 2009 | 53,645 National currency | -0.1% |
| 2010 | 59,240 National currency | +10.4% |
| 2011 | 60,870 National currency | +2.8% |
| 2012 | 71,665 National currency | +17.7% |
| 2013 | 70,457 National currency | -1.7% |
| 2014 | 75,894 National currency | +7.7% |
| 2015 | 73,342 National currency | -3.4% |
| 2016 | 78,724 National currency | +7.3% |
| 2017 | 73,532 National currency | -6.6% |
| 2018 | 76,374 National currency | +3.9% |
| 2019 | 74,310 National currency | -2.7% |
| 2020 | 82,871 National currency | +11.5% |
| 2021 | 81,523 National currency | -1.6% |
| 2022 | 86,668 National currency | +6.3% |
| 2023 | 88,587 National currency | +2.2% |
| 2024 | 92,992 National currency | +5.0% |
Denmark compared with similar countries
- Denmark's 92,992 National currency is below the median for high income countries, which is 93,394 National currency, 100% of the median. (26 countries reporting)
- Denmark's 92,992 National currency is above the median for Europe & Central Asia, which is 78,345 National currency, 1.2× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 32,536 National currency | 29,883 National currency | 34,004 National currency | 5 |
| 2000s | 44,917 National currency | 36,787 National currency | 53,716 National currency | 10 |
| 2010s | 71,441 National currency | 59,240 National currency | 78,724 National currency | 10 |
| 2020s | 86,528 National currency | 81,523 National currency | 92,992 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 fixed in Denmark?
- Annual government expenditure by function (cofog) — gross fixed in Denmark was 92,992 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government expenditure by function (cofog) — gross fixed recorded in Denmark?
- The highest recorded value was 92,992 National currency in 2024.
- What is the lowest annual government expenditure by function (cofog) — gross fixed recorded in Denmark?
- The lowest recorded value was 29,883 National currency in 1995.
- How does Denmark rank for annual government expenditure by function (cofog) — gross fixed?
- Denmark ranks 15th out of 27 countries with data for 2024.
- Is annual government expenditure by function (cofog) — gross fixed rising or falling in Denmark?
- Over the last ten years it is up 22.5%. 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 fixed capital formation. 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