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Denmark Remittances Received

Personal remittances received  BX.TRF.PWKR.CD.DT

Denmark's remittances received was $1.6B in 2025, ranked 79th globally. This represents a 4.1% increase from 2024. Data from World Bank, covering 1992–2025.

$1.6B +$62.0M (+4.1%)
Year 2025 Rank #79 Global Peak $1.6B (2025) Source World Bank

Denmark Remittances Received (1992–2025)

Overview

Denmark's remittances received stood at $1.6B in 2025, a rise of +$62.0M from 2024. Based on recent trends, this figure is projected to reach $1.6B by 2025. Denmark ranked 79th globally.

Denmark's remittances received have experienced a significant increase over the past three and a half decades, with the latest figure standing at 1,581,513,137.22 in 2025, ranking 79 globally. The country's peak in remittances was also recorded in 2025, while the trough occurred in 1994 with a value of 438,739,166.30. Compared to its peers, Denmark's remittances received in 2025 were lower than those of West Bank and Gaza, but higher than those of Armenia. The steady growth of remittances in Denmark is a testament to the country's stable economy and strong ties with foreign workers. However, the potential for changes in global economic conditions, such as shifts in labor markets or exchange rates, could alter the trajectory of remittances received in Denmark, and therefore, it will be crucial to monitor these developments to understand their impact on the country's remittances.

Data & projection

Year Remittances Received YoY change Rank
2027* trend $1.7B - -
2026* trend $1.6B - -
2025* trend $1.6B - -
2025 $1.6B +$62.0M #79
2024 $1.5B −$820,088 #108
2023 $1.5B +$120.6M #107
2022 $1.4B −$13.2M #106
2021 $1.4B +$80.7M #110
2020 $1.3B −$117.5M #112
2019 $1.4B +$34.3M #112
2018 $1.4B +$100.8M #109
2017 $1.3B +$67.4M #111
2016 $1.2B −$11.2M #108
2015 $1.3B −$224.8M #106
2014 $1.5B +$112.3M #110
2013 $1.4B +$188.5M #108
2012 $1.2B +$32.4M #106
2011 $1.1B +$224.4M #107
Show all years (1992-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +12.9% GDP growth 6.5% C/A balance 8.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Denmark matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw remittances received improve within 24 months. View full analysis →

Frequently Asked Questions

What is Denmark's remittances received?▾

Denmark's remittances received was $1.6B in 2025. Ranked 79th globally. This represents a 4.1% increase from the previous year.

What was the highest remittances received in Denmark?▾

Denmark's remittances received peaked at $1.6B in 2025.

What was the lowest remittances received in Denmark?▾

The lowest remittances received in Denmark was $438.7M in 1994.

How does Denmark rank in remittances received?▾

Denmark ranks 79th globally in remittances received as of 2025.

What is the World Bank indicator code for remittances received?▾

The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.

What is the projected remittances received of Denmark in 2025?▾

Denmark's remittances received is projected to reach $1.6B by 2025 based on trend extrapolation.

What is Denmark's remittances received in billion?▾

Denmark's remittances received was approximately 1.58 billion ($1.6B) in 2025.

What is the remittances received of Denmark in 2025?▾

The remittances received of Denmark in 2025 was $1.6B. This ranks 79th in the world.

Cite this page

APA
Denmark Remittances Received. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/denmark/remittances/
BibTeX
@misc{historysaid_denmark_remittances, title = {Denmark Remittances Received}, url = {https://historysaid.com/denmark/remittances/}, publisher = {HistorySaid}, year = {2026} }
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