The Danish current account deficit fell slightly to DKK 0.9 billion in March 2019 from DKK 1 billion in the same month of the previous year. It was the first current account gap since April last year, as the services account posted a deficit of DKK 3.1 billion, swinging from a DKK 0.5 billion surplus in March 2018. Meantime, the secondary income deficit was unchanged at DKK 0.8 billion while the primary income shortfall decreased to DKK 8.5 billion from DKK 9.5 billion. On the other hand, the goods surplus increased to DKK 11.5 billion from DKK 8.8 billion in March last year. Current Account in Denmark averaged 9369.63 DKK Million from 2005 until 2019, reaching an all time high of 20001 DKK Million in February of 2017 and a record low of -4967 DKK Million in March of 2008.

Current Account in Denmark is expected to be 16400.00 DKK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Denmark to stand at 8000.00 in 12 months time. In the long-term, the Denmark Current Account is projected to trend around 9500.00 DKK Million in 2020, according to our econometric models.

Denmark Current Account
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-02-08 07:00 AM Current Account DKK15.9B DKK15.7B DKK 10.6B
2019-03-11 07:00 AM Current Account DKK13.4B DKK14.1B DKK 7.3B
2019-04-09 06:00 AM Current Account DKK12B DKK11.6B DKK12.5B
2019-05-09 06:00 AM Current Account DKK-0.9B DKK10.7B DKK 5.1B
2019-06-07 06:00 AM Current Account DKK-0.9B
2019-07-09 06:00 AM Current Account
2019-08-09 06:00 AM Current Account DKK 16.4B


Denmark Trade Last Previous Highest Lowest Unit
Balance of Trade 4794.30 4031.30 10659.10 -7805.00 DKK Million [+]
Current Account -901.00 10736.00 20001.00 -4967.00 DKK Million [+]
Current Account to GDP 6.10 8.00 8.90 -6.00 percent [+]
Imports 54885.40 51301.30 60673.80 915.00 DKK Million [+]
Exports 59679.70 55332.60 64126.50 771.00 DKK Million [+]
External Debt 976.00 1102.00 176785.00 976.00 DKK Million [+]
Terms of Trade 101.00 100.00 109.00 96.00 Index Points [+]
Capital Flows 40.00 10.00 4975.00 -706.00 DKK Million [+]
Gold Reserves 66.50 66.50 66.60 66.50 Tonnes [+]
Crude Oil Production 108.00 126.00 418.20 69.00 BBL/D/1K [+]
Terrorism Index 0.82 1.51 2.15 0.00 [+]
Weapons Sales 12.00 26.00 330.00 1.00 USD Million [+]
Foreign Direct Investment 735.40 689.50 735.40 402.30 DKK Billion [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Denmark Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Denmark Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Current Account - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-901.00 10736.00 20001.00 -4967.00 2005 - 2019 DKK Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -2317.00 Dec/18
Australia -7203.00 Dec/18
Brazil -494.20 Mar/19
Canada -15483.00 Dec/18
China 586.00 Mar/19
Euro Area 35.10 Mar/19
France -1263.00 Mar/19
Germany 30217.35 Mar/19
India -16899.55 Dec/18
Indonesia -6966.00 Mar/19
Italy 4040.10 Mar/19
Japan 2847.87 Mar/19
Mexico -3424.00 Dec/18
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 20296.50 Mar/19
South Africa -110158.00 Dec/18
South Korea 4820.00 Mar/19
Spain -2769.00 Feb/19
Switzerland 15181.70 Dec/18
Turkey -589.00 Mar/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


Related

Latest