Denmark Current Account to GDP  1980-2016 | Data | Chart | Calendar

Denmark is expected to record a current account surplus equivalent to 7.1 percent of GDP in 2015, according to European Commission's Winter 2016 Economic Forecast. Current Account to GDP in Denmark averaged 1.31 percent from 1980 until 2015, reaching an all time high of 7.20 percent in 2013 and a record low of -6.00 percent in 1986.

Denmark Current Account to GDP
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Denmark Trade Last Previous Highest Lowest Unit
Balance of Trade 4458.60 4646.90 10659.10 -2969.00 DKK Million [+]
Exports 55810.40 51788.50 61292.80 771.00 DKK Million [+]
Imports 51351.80 47141.60 51377.90 915.00 DKK Million [+]
Current Account 14992.00 12207.00 20415.00 -4967.00 DKK Million [+]
Current Account to GDP 7.10 7.20 7.20 -6.00 percent [+]
External Debt 11899.00 11927.00 176785.00 11899.00 DKK Million [+]
Terms of Trade 104.00 104.00 109.00 96.00 Index Points [+]
Capital Flows 44.00 46.00 4975.00 -712.00 DKK Million [+]
Gold Reserves 66.55 66.55 66.60 66.55 Tonnes [+]
Crude Oil Production 149.00 111.00 418.00 109.00 BBL/D/1K [+]
Foreign Direct Investment 683.90 655.30 683.90 402.30 DKK Billion [+]
Terrorism Index 2.15 0.09 2.15 0.00 [+]
Weapons Sales 15.00 17.00 330.00 1.00 USD Million [+]



Denmark Current Account to GDP Notes

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Denmark Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
7.10 7.20 7.20 -6.00 1980 - 2015 percent Yearly



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