Expense in Denmark
Denmark: Expense was 929.46 billion current LCU in 2023. ◆ Volatile
Latest (2023)
929.46 billion current LCU
Change on year
up 2.1%
World rank
64th
of 157 countries
All-time high
929.84 billion current LCU
in 2021
All-time low
46.95 billion current LCU
in 1972
Years of data
52
1972–2023
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.
Expense in Denmark, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 46.95 billion current LCU | — |
| 1973 | 49.84 billion current LCU | +6.2% |
| 1974 | 62.81 billion current LCU | +26.0% |
| 1975 | 72.16 billion current LCU | +14.9% |
| 1976 | 80.77 billion current LCU | +11.9% |
| 1977 | 91.01 billion current LCU | +12.7% |
| 1978 | 104.42 billion current LCU | +14.7% |
| 1979 | 121.68 billion current LCU | +16.5% |
| 1980 | 144.23 billion current LCU | +18.5% |
| 1981 | 167.71 billion current LCU | +16.3% |
| 1982 | 197.08 billion current LCU | +17.5% |
| 1983 | 219.95 billion current LCU | +11.6% |
| 1984 | 239.73 billion current LCU | +9.0% |
| 1985 | 248.84 billion current LCU | +3.8% |
| 1986 | 250.40 billion current LCU | +0.6% |
| 1987 | 261.87 billion current LCU | +4.6% |
| 1988 | 284.01 billion current LCU | +8.5% |
| 1989 | 302.70 billion current LCU | +6.6% |
| 1990 | 316.59 billion current LCU | +4.6% |
| 1991 | 325.86 billion current LCU | +2.9% |
| 1992 | 346.83 billion current LCU | +6.4% |
| 1993 | 374.06 billion current LCU | +7.9% |
| 1994 | 404.34 billion current LCU | +8.1% |
| 1995 | 433.28 billion current LCU | +7.2% |
| 1996 | 443.51 billion current LCU | +2.4% |
| 1997 | 447.18 billion current LCU | +0.8% |
| 1998 | 458.48 billion current LCU | +2.5% |
| 1999 | 469.32 billion current LCU | +2.4% |
| 2000 | 481.72 billion current LCU | +2.6% |
| 2001 | 491.07 billion current LCU | +1.9% |
| 2002 | 509.48 billion current LCU | +3.7% |
| 2003 | 514.66 billion current LCU | +1.0% |
| 2004 | 540.93 billion current LCU | +5.1% |
| 2005 | 537.59 billion current LCU | -0.6% |
| 2006 | 548.56 billion current LCU | +2.0% |
| 2007 | 609.63 billion current LCU | +11.1% |
| 2008 | 643.73 billion current LCU | +5.6% |
| 2009 | 704.45 billion current LCU | +9.4% |
| 2010 | 749.12 billion current LCU | +6.3% |
| 2011 | 764.47 billion current LCU | +2.0% |
| 2012 | 805.89 billion current LCU | +5.4% |
| 2013 | 780.16 billion current LCU | -3.2% |
| 2014 | 789.20 billion current LCU | +1.2% |
| 2015 | 801.28 billion current LCU | +1.5% |
| 2016 | 785.45 billion current LCU | -2.0% |
| 2017 | 794.41 billion current LCU | +1.1% |
| 2018 | 811.64 billion current LCU | +2.2% |
| 2019 | 813.05 billion current LCU | +0.2% |
| 2020 | 901.75 billion current LCU | +10.9% |
| 2021 | 929.84 billion current LCU | +3.1% |
| 2022 | 910.68 billion current LCU | -2.1% |
| 2023 | 929.46 billion current LCU | +2.1% |
Denmark compared with similar countries
- Denmark's 929.46 billion current LCU is above the median for high income countries, which is 134.42 billion current LCU, 6.9× the median. (57 countries reporting)
- Denmark's 929.46 billion current LCU is above the median for Europe & Central Asia, which is 301.38 billion current LCU, 3.1× the median. (47 countries reporting)
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
- Democracy, 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)
- Elected parliament, 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)
- 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 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.