Expense in Denmark
Denmark: Expense was 929.46 billion current LCU in 2023. ◆ Volatile
Expense in Denmark, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for expense in Denmark is 929.46 billion current LCU, measured in 2023.
That represents a change of up 2.1% on the previous year and up 19.1% over ten years.
Over the whole period, expense in Denmark peaked at 929.84 billion current LCU in 2021 and was at its lowest, 46.95 billion current LCU, in 1972.
That places Denmark 64th out of 157 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 78.71 billion current LCU | 46.95 billion current LCU | 121.68 billion current LCU | 8 |
| 1980s | 231.65 billion current LCU | 144.23 billion current LCU | 302.70 billion current LCU | 10 |
| 1990s | 401.95 billion current LCU | 316.59 billion current LCU | 469.32 billion current LCU | 10 |
| 2000s | 558.18 billion current LCU | 481.72 billion current LCU | 704.45 billion current LCU | 10 |
| 2010s | 789.47 billion current LCU | 749.12 billion current LCU | 813.05 billion current LCU | 10 |
| 2020s | 917.93 billion current LCU | 901.75 billion current LCU | 929.84 billion current LCU | 4 |
Countries ranked near Denmark
More public sector data for Denmark
- Arms imports 427.00 million SIPRI trend indicator values (2024)
- Tax revenue 33.4% (2024)
- Taxes on income, profits and capital gains 51.4% (2024)
- Taxes on goods and services 31.4% (2024)
- Net investment in nonfinancial assets 1.7% (2024)
- Net lending (+) / net borrowing (-) 4.2% (2024)
- Interest payments 1.4% (2024)
- Grants and other revenue 15.9% (1994)
- Interest payments 1.4% (2023)
- Other taxes 4.2% (2024)
Frequently asked questions
- What is expense in Denmark?
- Expense in Denmark was 929.46 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Denmark?
- The highest recorded value was 929.84 billion current LCU in 2021.
- What is the lowest expense recorded in Denmark?
- The lowest recorded value was 46.95 billion current LCU in 1972.
- How does Denmark rank for expense?
- Denmark ranks 64th out of 157 countries with data for 2023.
- Is expense rising or falling in Denmark?
- Over the last ten years it is up 19.1%. The long-run trend across the full record is volatile.
- Where does this Denmark data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.