Taxes on income, profits and capital gains in Denmark
Denmark: Taxes on income, profits and capital gains was 51.4% in 2024. ▲ Rising
Taxes on income, profits and capital gains in Denmark, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, taxes on income, profits and capital gains in Denmark stood at 51.4%. That is the highest value across all 53 years on record.
That represents a change of up 5.5% on the previous year and up 4.6% over ten years.
Over the whole period, taxes on income, profits and capital gains in Denmark peaked at 51.4% in 2024 and was at its lowest, 32.9%, in 1983.
Denmark ranks 6th of 153 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 53 years of available data.
Taxes on income, profits and capital gains in Denmark, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1972 | 39.8% | — |
| 1973 | 43.6% | +9.6% |
| 1974 | 47.1% | +8.1% |
| 1975 | 42.4% | -10.0% |
| 1976 | 39.7% | -6.4% |
| 1977 | 37.8% | -4.8% |
| 1978 | 36.9% | -2.4% |
| 1979 | 35.2% | -4.7% |
| 1980 | 35.2% | +0.1% |
| 1981 | 35.0% | -0.5% |
| 1982 | 34.9% | -0.3% |
| 1983 | 32.9% | -5.8% |
| 1984 | 34.8% | +5.7% |
| 1985 | 36.4% | +4.7% |
| 1986 | 37.0% | +1.5% |
| 1987 | 37.0% | +0.0% |
| 1988 | 38.1% | +3.1% |
| 1989 | 38.4% | +0.6% |
| 1990 | 36.4% | -5.1% |
| 1991 | 37.5% | +3.0% |
| 1992 | 37.2% | -0.8% |
| 1993 | 37.6% | +1.3% |
| 1994 | 38.7% | +3.0% |
| 1995 | 41.7% | +7.6% |
| 1996 | 40.8% | -2.1% |
| 1997 | 41.1% | +0.6% |
| 1998 | 38.9% | -5.4% |
| 1999 | 38.7% | -0.5% |
| 2000 | 38.7% | +0.1% |
| 2001 | 35.9% | -7.2% |
| 2002 | 35.9% | -0.2% |
| 2003 | 36.8% | +2.4% |
| 2004 | 37.2% | +1.2% |
| 2005 | 39.4% | +6.0% |
| 2006 | 38.0% | -3.5% |
| 2007 | 42.8% | +12.6% |
| 2008 | 42.6% | -0.5% |
| 2009 | 42.9% | +0.7% |
| 2010 | 42.4% | -1.3% |
| 2011 | 41.4% | -2.4% |
| 2012 | 42.8% | +3.5% |
| 2013 | 44.4% | +3.7% |
| 2014 | 49.2% | +10.8% |
| 2015 | 46.5% | -5.4% |
| 2016 | 45.8% | -1.5% |
| 2017 | 46.1% | +0.6% |
| 2018 | 43.8% | -5.0% |
| 2019 | 48.4% | +10.6% |
| 2020 | 47.7% | -1.6% |
| 2021 | 49.8% | +4.4% |
| 2022 | 46.6% | -6.4% |
| 2023 | 48.8% | +4.7% |
| 2024 | 51.4% | +5.5% |
Denmark compared with similar countries
- Denmark's 51.4% is above the median for high income countries, which is 24.5%, 2.1× the median. (55 countries reporting)
- Denmark's 51.4% is above the median for Europe & Central Asia, which is 20.9%, 2.5× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 40.3% | 35.2% | 47.1% | 8 |
| 1980s | 36.0% | 32.9% | 38.4% | 10 |
| 1990s | 38.9% | 36.4% | 41.7% | 10 |
| 2000s | 39.0% | 35.9% | 42.9% | 10 |
| 2010s | 45.1% | 41.4% | 49.2% | 10 |
| 2020s | 48.8% | 46.6% | 51.4% | 5 |
Countries ranked near Denmark
- 3 New Zealand 56.7% compare
- 4 United States of America 56.3% compare
- 5 Canada 53.9% compare
- 7 South Africa 50.8% compare
- 8 Malaysia 47.6% compare
- 9 Ireland 45.2% 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 taxes on income, profits and capital gains in Denmark?
- Taxes on income, profits and capital gains in Denmark was 51.4% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Denmark?
- The highest recorded value was 51.4% in 2024.
- What is the lowest taxes on income, profits and capital gains recorded in Denmark?
- The lowest recorded value was 32.9% in 1983.
- How does Denmark rank for taxes on income, profits and capital gains?
- Denmark ranks 6th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Denmark?
- Over the last ten years it is up 4.6%. 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 Taxes on income, profits and capital gains (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.