Denmark Current Account Balance
Current account balance as % of GDP BN.CAB.XOKA.GD.ZS
Denmark's current account balance was 12.24% in 2025, ranked 12th globally. This represents a 0.4% decrease from 2024. Data from World Bank, covering 1975–2025.
Overview
Denmark's current account balance stood at 12.24% in 2025, a decline of +0.04% from 2024. The IMF projects 12.24% by 2025. Denmark ranked 12th globally.
Denmark's current account balance has exhibited a significant improvement over the years, with the latest figure standing at 12.23, ranking 12th globally. This positive trend is a notable shift from the trough of -5.12 in 1986, a year when Denmark struggled to balance its trade and investment flows. The recent peak of 12.28 in 2024 highlights the country's strong export-oriented economy, particularly in the sectors of machinery, pharmaceuticals, and wind turbines. Compared to its peer countries, Denmark's current account balance is slightly lower than that of Luxembourg, which ranked 13th globally with a balance of 12.16. However, Denmark's figure is higher than Ireland's 11.11, which ranked 16th. With a strong and stable economy, Denmark is expected to maintain its positive current account balance, potentially benefiting from its favorable business environment and highly skilled workforce. A significant shift in global trade policies or a decline in European demand could, however, impact Denmark's trade balance and alter this trajectory.
Data & projection
| Year | Current Account Balance | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 11.19% | - | - |
| 2029* IMF | 11.22% | - | - |
| 2028* IMF | 11.26% | - | - |
| 2027* IMF | 11.40% | - | - |
| 2026* IMF | 11.66% | - | - |
| 2025* IMF | 12.24% | - | - |
| 2025 | 12.24% | −0.04% | #12 |
| 2024 | 12.28% | +1.27% | #174 |
| 2023 | 11.10% | −0.07% | #178 |
| 2022 | 11.15% | +2.61% | #172 |
| 2021 | 8.61% | +1.38% | #170 |
| 2020 | 7.31% | −0.13% | #177 |
| 2019 | 7.51% | +1.20% | #176 |
| 2018 | 6.32% | −1.00% | #162 |
| 2017 | 7.43% | +0.34% | #180 |
| 2016 | 7.15% | −0.80% | #178 |
| 2015 | 8.03% | −0.37% | #181 |
| 2014 | 8.34% | +0.97% | #174 |
| 2013 | 7.38% | +1.32% | #176 |
| 2012 | 6.04% | −0.31% | #166 |
| 2011 | 6.34% | −0.08% | #163 |
Detected Pattern
Analysis
Denmark matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw current account balance improve within 24 months. View full analysis →
Frequently Asked Questions
Denmark's current account balance was 12.24% in 2025. Ranked 12th globally. This represents a 0.4% decrease from the previous year.
Denmark's current account balance peaked at 12.28% in 2024.
The lowest current account balance in Denmark was -5.12% in 1986.
Denmark ranks 12th globally in current account balance as of 2025.
The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.
Denmark's current account balance is projected to reach 12.24% by 2025 based on IMF projection.
The current account balance of Denmark in 2025 was 12.24%. This ranks 12th in the world.
Cite this page
@misc{historysaid_denmark_current-account,
title = {Denmark Current Account Balance},
url = {https://historysaid.com/denmark/current-account/},
publisher = {HistorySaid},
year = {2026}
}