The benchmark interest rate in Denmark was last recorded at 1.60 percent. Interest Rate in Denmark averaged 3.14 percent from 1987 until 2026, reaching an all time high of 11.00 percent in November of 1989 and a record low of -0.60 percent in October of 2021. source: Danmarks Nationalbank

Interest Rate in Denmark is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Interest Rate is projected to trend around 1.35 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Banks Balance Sheet 6778484.20 6743509.90 DKK Million Dec 2025
Central Bank Balance Sheet 722.00 698.00 DKK Billion Jan 2026
Foreign Exchange Reserves 673900.00 651100.00 DKK Million Jan 2026
Interest Rate 1.60 1.60 percent Jan 2026
Lending Rate 1.75 1.75 percent Jan 2026
Loans to Private Sector 571.88 564.36 DKK Billion Dec 2025
Money Supply M0 48167.00 48191.00 DKK Million Dec 2025
Money Supply M1 1632258.00 1635144.00 DKK Million Dec 2025
Money Supply M2 1844513.00 1868445.00 DKK Million Dec 2025
Money Supply M3 2046364.00 2071020.00 DKK Million Dec 2025


Denmark Interest Rate
In Denmark, interest rates decisions are taken by the Board of Governors of the Central Bank of Denmark (Danmarks Nationalbank). The main interest rate is the rate on current-account deposits. The Danish central bank follows the path set by the ECB and the key rate will be raised or lowered when the ECB changes the refinance rate. The Danish central bank’s main policy aim is to hold the euro’s exchange rate within 2.25% either above or below 7.46038 kroner in an effort to keep inflation low and provide stability for exporters.
Actual Previous Highest Lowest Dates Unit Frequency
1.60 1.60 11.00 -0.60 1987 - 2026 percent Daily

News Stream
Denmark Central Bank Follows ECB Rate Cut
Denmark’s central bank lowered its key interest rate by 25 basis points to 1.60% in June, following a similar move by the European Central Bank (ECB). This marks the eighth rate cut since June 2024, bringing borrowing costs to the lowest level since November 2022. The decision ensures that the interest rate difference between Denmark and the Eurozone remains unchanged, maintaining the stability of Denmark's currency, the krone, against the euro.
2025-06-05
Denmark Cuts Base Rate by 25Bps After ECB Decision
Denmark’s central bank lowered its key interest rate by 25 basis points to 2.10% in March, following a similar move by the European Central Bank (ECB). This marks the sixth rate cut since June 2024, bringing borrowing costs to the lowest level since February 2023. The decision ensures that the interest rate difference between Denmark and the Eurozone remains unchanged, maintaining the stability of Denmark's currency, the krone, against the euro. " Thereby, the monetary policy spread vis-a-vis the euro area will remain unchanged," the Danish Central Bank said in a statement. Denmark's benchmark current account interest rate and the certificate of deposit rate were each cut by 25 basis points to 2.10% from 2.35%, while the so-called lending rate was cut by 25 basis points to 2.25% from 2.50%.
2025-03-06