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. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
7.30 5.80 7.30 -6.00 7.34 | 2014/12 1980 - 2013 Percent Yearly

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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 8335.52 2014-03-31 DKK Million [+]
Capital Flows 51.00 2014-02-15 53.00 3695.00 -572.00 15.30 2014-03-31 DKK Million [+]
Crude Oil Production 172.00 2013-10-15 157.00 418.00 157.00 Thousands Barrels per Day [+]
External Debt 77218.00 2014-02-28 77575.00 176785.00 36335.00 77264.66 2014-03-31 DKK Million [+]
Terms of Trade 107.00 2014-01-15 106.00 111.00 96.00 107.62 2014-02-28 Index Points [+]
Exports 51351.40 2014-02-15 49728.00 58374.70 771.00 51436.81 2014-03-31 DKK Million [+]
Balance of Trade 5782.10 2014-02-15 3163.80 10636.40 -2969.00 4443.41 2014-03-31 DKK Million [+]
Imports 45569.30 2014-02-15 46564.20 50363.20 915.00 46124.79 2014-03-31 DKK Million [+]
Current Account to GDP 7.30 2013-12-31 5.80 7.30 -6.00 7.34 2014-12-31 Percent [+]
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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 Crude Oil Production at 172.00 Thousands Barrels per Day  
Crude Oil Production in Denmark increased to 172 Thousands Barrels per Day in October of 2013 from 157 Thousands Barrels per Day in September of 2013. Crude Oil Production in Denmark is reported by the U.S. Energy Information Administration.
Denmark Balance of Trade at 5782.10 DKK Million  
Denmark recorded a trade surplus of 5782.10 DKK Million in February of 2014. Balance of Trade in Denmark is reported by the Statistics Denmark.
Denmark Imports at 45569.30 DKK Million  
Imports in Denmark decreased to 45569.30 DKK Million in February of 2014 from 46564.20 DKK Million in January of 2014. Imports in Denmark is reported by the Statistics Denmark.
Denmark Unemployment Rate at 4.20 Percent  
Unemployment Rate in Denmark decreased to 4.20 percent in February of 2014 from 4.30 percent in January of 2014. Unemployment Rate in Denmark is reported by the Statistics Denmark.
Denmark Retail Sales YoY at 0.62 Percent  
Retail Sales in Denmark increased 0.62 percent in February of 2014 over the same month in the previous year. Retail Sales YoY in Denmark is reported by the Statistics Denmark.
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 5.00  
Consumer Confidence in Denmark increased to 5 in March of 2014 from 4.20 in February 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.
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