Danish’s current account surplus widened sharply to DKK 19.1 billion in August 2019 from DKK 9.3 billion in the corresponding month of the previous year, as the goods surplus jumped to DKK 14.7 billion from DKK 4.2 billion in August last year and the primary income surplus went up to DKK 1.5 billion from DKK 1.3 billion. Meanwhile, the services account surplus fell to DKK 5.7 billion from DKK 6.4 billion a year earlier and the secondary income deficit rose to DKK 2.9 billion from DKK 2.6 billion. Current Account in Denmark averaged 9774.71 DKK Million from 2005 until 2019, reaching an all time high of 23871 DKK Million in July of 2019 and a record low of -4967 DKK Million in March of 2008.

Current Account in Denmark is expected to be 12000.00 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 13000.00 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
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Calendar GMT Actual Previous Consensus TEForecast
2019-07-09 06:00 AM Current Account May DKK22.1 DKK14.8B DKK13.8B
2019-08-09 06:00 AM Current Account Jun DKK16.9B DKK22.3 DKK 16.4B
2019-09-09 06:00 AM Current Account Jul DKK19.2B DKK16.0B DKK17.5B
2019-10-09 06:00 AM Current Account Aug DKK19.1B DKK23.9B DKK11B
2019-11-11 07:00 AM Current Account Sep DKK19.1B DKK 10.2B
2019-12-09 07:00 AM Current Account Oct


Denmark Trade Last Previous Highest Lowest Unit
Balance of Trade 8392.00 8879.40 10659.10 -7636.40 DKK Million [+]
Current Account 19051.00 23871.00 23871.00 -4967.00 DKK Million [+]
Current Account to GDP 6.10 8.00 8.90 -6.00 percent [+]
Imports 52690.50 52818.30 60715.30 915.00 DKK Million [+]
Exports 61082.50 61697.70 64238.90 771.00 DKK Million [+]
External Debt 728.00 721.00 176785.00 721.00 DKK Million [+]
Terms of Trade 105.00 103.00 109.00 96.00 Index Points [+]
Capital Flows 3.00 23.00 4975.00 -706.00 DKK Million [+]
Gold Reserves 66.55 66.50 66.60 66.50 Tonnes [+]
Crude Oil Production 111.00 118.00 418.20 69.00 BBL/D/1K [+]
Terrorism Index 0.82 1.51 2.15 0.00 [+]
Weapons Sales 27.00 20.00 272.00 1.00 USD Million [+]
Foreign Direct Investment 735.40 689.50 735.40 402.30 DKK Billion [+]


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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
19051.00 23871.00 23871.00 -4967.00 2005 - 2019 DKK Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -2560.58 Jun/19
Australia 5853.00 Jun/19
Brazil -4274.30 Aug/19
Canada -6380.00 Jun/19
China 461.67 Jun/19
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France -2487.00 Aug/19
Germany 16900.00 Aug/19
India -14315.70 Jun/19
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Mexico 5142.70 Jun/19
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Russia 12900.00 Sep/19
Saudi Arabia 12407.00 Jun/19
Singapore 21497.50 Jun/19
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South Korea 5270.00 Aug/19
Spain 3237.00 Jul/19
Switzerland 21272.85 Jun/19
Turkey 2604.00 Aug/19
United Kingdom -25200.00 Jun/19
United States -128188.00 Jun/19


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