Tax revenue in Denmark
Denmark: Tax revenue was 33.4% in 2024. ▲ Rising
Tax revenue in Denmark, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for tax revenue in Denmark is 33.4%, measured in 2024.
That represents a change of up 4.3% on the previous year and down 8.8% over ten years.
Over the whole period, tax revenue in Denmark peaked at 36.6% in 2014 and was at its lowest, 26.5%, in 1976.
Denmark ranks 3rd of 157 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 53 years of available data.
Tax revenue in Denmark, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 29.0% | — |
| 1973 | 28.9% | -0.3% |
| 1974 | 29.1% | +0.7% |
| 1975 | 26.8% | -8.2% |
| 1976 | 26.5% | -0.8% |
| 1977 | 27.1% | +2.2% |
| 1978 | 28.2% | +3.9% |
| 1979 | 28.6% | +1.6% |
| 1980 | 28.7% | +0.2% |
| 1981 | 28.2% | -1.4% |
| 1982 | 27.2% | -3.5% |
| 1983 | 28.0% | +2.6% |
| 1984 | 29.1% | +4.2% |
| 1985 | 30.6% | +5.1% |
| 1986 | 32.9% | +7.4% |
| 1987 | 32.3% | -1.8% |
| 1988 | 32.4% | +0.5% |
| 1989 | 31.4% | -3.2% |
| 1990 | 29.7% | -5.4% |
| 1991 | 29.1% | -2.0% |
| 1992 | 29.5% | +1.2% |
| 1993 | 30.9% | +4.7% |
| 1994 | 31.6% | +2.3% |
| 1995 | 31.7% | +0.5% |
| 1996 | 32.0% | +0.9% |
| 1997 | 31.8% | -0.6% |
| 1998 | 32.2% | +1.2% |
| 1999 | 32.1% | -0.4% |
| 2000 | 31.5% | -1.8% |
| 2001 | 30.2% | -4.2% |
| 2002 | 30.2% | +0.0% |
| 2003 | 30.3% | +0.3% |
| 2004 | 31.2% | +3.2% |
| 2005 | 33.0% | +5.6% |
| 2006 | 31.9% | -3.3% |
| 2007 | 35.1% | +10.2% |
| 2008 | 33.4% | -4.9% |
| 2009 | 33.0% | -1.3% |
| 2010 | 32.8% | -0.6% |
| 2011 | 32.8% | +0.1% |
| 2012 | 33.5% | +2.2% |
| 2013 | 33.8% | +0.8% |
| 2014 | 36.6% | +8.3% |
| 2015 | 34.2% | -6.6% |
| 2016 | 33.5% | -1.9% |
| 2017 | 33.3% | -0.6% |
| 2018 | 32.4% | -2.7% |
| 2019 | 35.0% | +8.0% |
| 2020 | 34.5% | -1.4% |
| 2021 | 35.2% | +2.0% |
| 2022 | 30.7% | -12.6% |
| 2023 | 32.0% | +4.1% |
| 2024 | 33.4% | +4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.0% | 26.5% | 29.1% | 8 |
| 1980s | 30.1% | 27.2% | 32.9% | 10 |
| 1990s | 31.1% | 29.1% | 32.2% | 10 |
| 2000s | 32.0% | 30.2% | 35.1% | 10 |
| 2010s | 33.8% | 32.4% | 36.6% | 10 |
| 2020s | 33.1% | 30.7% | 35.2% | 5 |
Countries ranked near Denmark
- 1 Lesotho 35.4% compare
- 2 Namibia 33.9% compare
- 4 New Zealand 29.5% compare
- 5 Luxembourg 28.6% compare
- 6 Macao 27.4% compare
More public sector data for Denmark
- Arms imports 427.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 71.44 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 55.84 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 427.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,666 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0235 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 22.46 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 9.96 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 6,850 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is tax revenue in Denmark?
- Tax revenue in Denmark was 33.4% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Denmark?
- The highest recorded value was 36.6% in 2014.
- What is the lowest tax revenue recorded in Denmark?
- The lowest recorded value was 26.5% in 1976.
- How does Denmark rank for tax revenue?
- Denmark ranks 3rd out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Denmark?
- Over the last ten years it is down 8.8%. The long-run trend across the full record is rising.
- 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 Tax revenue (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.