Denmark Current Account to GDP

Denmark recorded a Current Account surplus of 7.30 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Denmark is reported by the Eurostat. Current Account to GDP in Denmark averaged 0.97 Percent from 1980 until 2013, reaching an all time high of 7.30 Percent in 2013 and a record low of -6 Percent in 1986. 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. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
7.30 5.80 7.30 -6.00 7.56 | 2014/06 1980 - 2013 Percent Yearly

TO

Denmark Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Current Account 9542.00 2014-02-15 7867.00 18948.00 -5420.00 5835.07 2014-06-30 DKK Million [+]
Capital Flows 51.00 2014-02-15 53.00 3695.00 -572.00 -1.81 2014-06-30 DKK Million [+]
Crude Oil Production 160.00 2013-12-15 168.00 418.00 157.00 176.03 2013-11-30 Thousands Barrels per Day [+]
External Debt 77218.00 2014-02-28 77575.00 176785.00 36335.00 75357.85 2014-06-30 DKK Million [+]
Gold Reserves 66.55 2013-12-31 66.55 66.60 66.55 Tonnes [+]
Terms of Trade 107.00 2014-01-15 106.00 111.00 96.00 107.11 2014-06-30 Index Points [+]
Exports 51351.40 2014-02-15 49728.00 58374.70 771.00 49874.80 2014-06-30 DKK Million [+]
Balance of Trade 5782.10 2014-02-15 3163.80 10636.40 -2969.00 3641.46 2014-06-30 DKK Million [+]
Imports 45569.30 2014-02-15 46564.20 50363.20 915.00 44967.20 2014-06-30 DKK Million [+]
Current Account to GDP 7.30 2013-12-31 5.80 7.30 -6.00 7.56 2014-06-30 Percent [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness 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.


RELATED NEWS

Denmark Capital Flows at 51.00 DKK Million  
Capital Flows in Denmark decreased to 51 DKK Million in February of 2014 from 53 DKK Million in January of 2014. Capital Flows in Denmark is reported by the Statistics Denmark.
Denmark Capacity Utilization at 80.50 Percent  
Capacity Utilization in Denmark increased to 80.50 percent in the first quarter of 2014 from 79.50 percent in the fourth quarter of 2013. Capacity Utilization in Denmark is reported by the European Commission.
Denmark Car Registrations at 16770.00 Cars  
Car Registrations in Denmark increased to 16770 Cars in March of 2014 from 14732 Cars in February of 2014. Car Registrations in Denmark is reported by the Statistics Denmark.
Denmark Consumer Confidence at 5.50  
Consumer Confidence in Denmark increased to 5.50 in April of 2014 from 5 in March of 2014. Consumer Confidence in Denmark is reported by the Statistics Denmark.
Denmark Changes in Inventories at -565.00 DKK Million  
Changes in Inventories in Denmark decreased to -565 DKK Million in the fourth quarter of 2013 from 186 DKK Million in the third quarter of 2013. Changes in Inventories in Denmark is reported by the Statistics Denmark.
Denmark Construction Output at 0.90 Percent  
Construction output in Denmark increased 0.90 percent in January of 2014 over the same month in the previous year. Construction Output in Denmark is reported by the Eurostat.
Denmark Consumer Price Index (CPI) at 130.70 Index Points  
Consumer Price Index (CPI) in Denmark increased to 130.70 Index Points in March of 2014 from 130.60 Index Points in February of 2014. Consumer Price Index (CPI) in Denmark is reported by the Statistics Denmark.
Denmark Consumer Spending at 189886.00 DKK Million  
Consumer Spending in Denmark decreased to 189886 DKK Million in the fourth quarter of 2013 from 192320 DKK Million in the third quarter of 2013. Consumer Spending in Denmark is reported by the Statistics Denmark.
Denmark Core Consumer Prices at 128.70 Index Points  
Core Consumer Prices in Denmark increased to 128.70 Index Points in March of 2014 from 128.50 Index Points in February of 2014. Core Consumer Prices in Denmark is reported by the Statistics Denmark.
Denmark Crude Oil Production at 160.00 Thousands Barrels per Day  
Crude Oil Production in Denmark decreased to 160 Thousands Barrels per Day in December of 2013 from 168 Thousands Barrels per Day in November of 2013. Crude Oil Production in Denmark is reported by the U.S. Energy Information Administration.
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