Interest payments in Denmark
Denmark: Interest payments was 16.16 billion current LCU in 2024. ◆ Volatile
Interest payments in Denmark, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Denmark recorded 16.16 billion current LCU for interest payments in 2024.
That represents a change of up 25.1% on the previous year and down 30.9% over ten years.
Over the whole period, interest payments in Denmark peaked at 58.63 billion current LCU in 1996 and was at its lowest, 670.00 million current LCU, in 1972.
That places Denmark 81st out of 155 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Denmark, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 670.00 million current LCU | — |
| 1973 | 804.00 million current LCU | +20.0% |
| 1974 | 939.00 million current LCU | +16.8% |
| 1975 | 1.18 billion current LCU | +25.2% |
| 1976 | 1.71 billion current LCU | +45.5% |
| 1977 | 3.12 billion current LCU | +82.2% |
| 1978 | 3.96 billion current LCU | +27.0% |
| 1979 | 8.01 billion current LCU | +102.3% |
| 1980 | 10.06 billion current LCU | +25.5% |
| 1981 | 15.58 billion current LCU | +54.9% |
| 1982 | 21.52 billion current LCU | +38.1% |
| 1983 | 29.15 billion current LCU | +35.5% |
| 1984 | 41.53 billion current LCU | +42.5% |
| 1985 | 47.87 billion current LCU | +15.3% |
| 1986 | 46.34 billion current LCU | -3.2% |
| 1987 | 46.55 billion current LCU | +0.5% |
| 1988 | 46.36 billion current LCU | -0.4% |
| 1989 | 46.69 billion current LCU | +0.7% |
| 1990 | 49.31 billion current LCU | +5.6% |
| 1991 | 49.49 billion current LCU | +0.4% |
| 1992 | 46.23 billion current LCU | -6.6% |
| 1993 | 52.84 billion current LCU | +14.3% |
| 1994 | 54.77 billion current LCU | +3.7% |
| 1995 | 57.61 billion current LCU | +5.2% |
| 1996 | 58.63 billion current LCU | +1.8% |
| 1997 | 55.26 billion current LCU | -5.7% |
| 1998 | 51.39 billion current LCU | -7.0% |
| 1999 | 48.82 billion current LCU | -5.0% |
| 2000 | 47.16 billion current LCU | -3.4% |
| 2001 | 41.02 billion current LCU | -13.0% |
| 2002 | 38.82 billion current LCU | -5.4% |
| 2003 | 34.97 billion current LCU | -9.9% |
| 2004 | 32.70 billion current LCU | -6.5% |
| 2005 | 26.36 billion current LCU | -19.4% |
| 2006 | 23.37 billion current LCU | -11.4% |
| 2007 | 21.11 billion current LCU | -9.7% |
| 2008 | 18.47 billion current LCU | -12.5% |
| 2009 | 25.50 billion current LCU | +38.0% |
| 2010 | 27.80 billion current LCU | +9.1% |
| 2011 | 28.37 billion current LCU | +2.0% |
| 2012 | 26.50 billion current LCU | -6.6% |
| 2013 | 26.47 billion current LCU | -0.1% |
| 2014 | 23.41 billion current LCU | -11.6% |
| 2015 | 23.49 billion current LCU | +0.4% |
| 2016 | 20.48 billion current LCU | -12.8% |
| 2017 | 15.11 billion current LCU | -26.2% |
| 2018 | 16.22 billion current LCU | +7.3% |
| 2019 | 15.06 billion current LCU | -7.1% |
| 2020 | 10.19 billion current LCU | -32.4% |
| 2021 | 10.37 billion current LCU | +1.8% |
| 2022 | 16.38 billion current LCU | +57.9% |
| 2023 | 12.92 billion current LCU | -21.1% |
| 2024 | 16.16 billion current LCU | +25.1% |
Denmark compared with similar countries
- Denmark's 16.16 billion current LCU is above the median for high income countries, which is 6.90 billion current LCU, 2.3× the median. (55 countries reporting)
- Denmark's 16.16 billion current LCU is above the median for Europe & Central Asia, which is 9.50 billion current LCU, 1.7× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Interest payments in Denmark changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | +102.3% | 3.96 billion current LCU | 8.01 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.55 billion current LCU | 670.00 million current LCU | 8.01 billion current LCU | 8 |
| 1980s | 35.16 billion current LCU | 10.06 billion current LCU | 47.87 billion current LCU | 10 |
| 1990s | 52.44 billion current LCU | 46.23 billion current LCU | 58.63 billion current LCU | 10 |
| 2000s | 30.95 billion current LCU | 18.47 billion current LCU | 47.16 billion current LCU | 10 |
| 2010s | 22.29 billion current LCU | 15.06 billion current LCU | 28.37 billion current LCU | 10 |
| 2020s | 13.21 billion current LCU | 10.19 billion current LCU | 16.38 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 interest payments in Denmark?
- Interest payments in Denmark was 16.16 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Denmark?
- The highest recorded value was 58.63 billion current LCU in 1996.
- What is the lowest interest payments recorded in Denmark?
- The lowest recorded value was 670.00 million current LCU in 1972.
- How does Denmark rank for interest payments?
- Denmark ranks 81st out of 155 countries with data for 2024.
- Is interest payments rising or falling in Denmark?
- Over the last ten years it is down 30.9%. 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 Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. 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.