Goods and services expense in Denmark
Denmark: Goods and services expense was 79.84 billion current LCU in 2024. ◆ Volatile
Goods and services expense in Denmark, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, goods and services expense in Denmark stood at 79.84 billion current LCU. That is the highest value across all 53 years on record.
That represents a change of up 7.2% on the previous year and up 35.1% over ten years.
Over the whole period, goods and services expense in Denmark peaked at 79.84 billion current LCU in 2024 and was at its lowest, 5.28 billion current LCU, in 1973.
Denmark ranks 65th of 155 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods and services expense in Denmark, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 6.55 billion current LCU | — |
| 1973 | 5.28 billion current LCU | -19.4% |
| 1974 | 6.50 billion current LCU | +23.2% |
| 1975 | 7.33 billion current LCU | +12.8% |
| 1976 | 7.54 billion current LCU | +2.8% |
| 1977 | 8.09 billion current LCU | +7.3% |
| 1978 | 9.03 billion current LCU | +11.6% |
| 1979 | 9.78 billion current LCU | +8.4% |
| 1980 | 11.81 billion current LCU | +20.8% |
| 1981 | 13.34 billion current LCU | +12.9% |
| 1982 | 15.36 billion current LCU | +15.2% |
| 1983 | 16.90 billion current LCU | +10.0% |
| 1984 | 17.97 billion current LCU | +6.4% |
| 1985 | 19.24 billion current LCU | +7.0% |
| 1986 | 19.73 billion current LCU | +2.5% |
| 1987 | 22.07 billion current LCU | +11.9% |
| 1988 | 23.59 billion current LCU | +6.9% |
| 1989 | 24.48 billion current LCU | +3.8% |
| 1990 | 26.52 billion current LCU | +8.4% |
| 1991 | 27.34 billion current LCU | +3.1% |
| 1992 | 30.36 billion current LCU | +11.1% |
| 1993 | 32.20 billion current LCU | +6.0% |
| 1994 | 33.49 billion current LCU | +4.0% |
| 1995 | 26.26 billion current LCU | -21.6% |
| 1996 | 27.30 billion current LCU | +4.0% |
| 1997 | 26.77 billion current LCU | -1.9% |
| 1998 | 28.41 billion current LCU | +6.1% |
| 1999 | 31.44 billion current LCU | +10.7% |
| 2000 | 34.52 billion current LCU | +9.8% |
| 2001 | 36.81 billion current LCU | +6.7% |
| 2002 | 38.14 billion current LCU | +3.6% |
| 2003 | 36.69 billion current LCU | -3.8% |
| 2004 | 39.44 billion current LCU | +7.5% |
| 2005 | 41.84 billion current LCU | +6.1% |
| 2006 | 45.05 billion current LCU | +7.7% |
| 2007 | 45.10 billion current LCU | +0.1% |
| 2008 | 51.16 billion current LCU | +13.4% |
| 2009 | 54.93 billion current LCU | +7.4% |
| 2010 | 56.00 billion current LCU | +2.0% |
| 2011 | 57.30 billion current LCU | +2.3% |
| 2012 | 59.35 billion current LCU | +3.6% |
| 2013 | 58.28 billion current LCU | -1.8% |
| 2014 | 59.08 billion current LCU | +1.4% |
| 2015 | 58.62 billion current LCU | -0.8% |
| 2016 | 57.65 billion current LCU | -1.6% |
| 2017 | 60.39 billion current LCU | +4.7% |
| 2018 | 62.36 billion current LCU | +3.3% |
| 2019 | 63.22 billion current LCU | +1.4% |
| 2020 | 64.09 billion current LCU | +1.4% |
| 2021 | 71.18 billion current LCU | +11.1% |
| 2022 | 71.64 billion current LCU | +0.6% |
| 2023 | 74.50 billion current LCU | +4.0% |
| 2024 | 79.84 billion current LCU | +7.2% |
Denmark compared with similar countries
- Denmark's 79.84 billion current LCU is above the median for high income countries, which is 14.51 billion current LCU, 5.5× the median. (57 countries reporting)
- Denmark's 79.84 billion current LCU is above the median for Europe & Central Asia, which is 16.59 billion current LCU, 4.8× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.51 billion current LCU | 5.28 billion current LCU | 9.78 billion current LCU | 8 |
| 1980s | 18.45 billion current LCU | 11.81 billion current LCU | 24.48 billion current LCU | 10 |
| 1990s | 29.01 billion current LCU | 26.26 billion current LCU | 33.49 billion current LCU | 10 |
| 2000s | 42.37 billion current LCU | 34.52 billion current LCU | 54.93 billion current LCU | 10 |
| 2010s | 59.23 billion current LCU | 56.00 billion current LCU | 63.22 billion current LCU | 10 |
| 2020s | 72.25 billion current LCU | 64.09 billion current LCU | 79.84 billion current LCU | 5 |
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 goods and services expense in Denmark?
- Goods and services expense in Denmark was 79.84 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Denmark?
- The highest recorded value was 79.84 billion current LCU in 2024.
- What is the lowest goods and services expense recorded in Denmark?
- The lowest recorded value was 5.28 billion current LCU in 1973.
- How does Denmark rank for goods and services expense?
- Denmark ranks 65th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Denmark?
- Over the last ten years it is up 35.1%. 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 Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.