Denmark's current account surplus increased to a new record high of DKK 34.8 billion in July 2022 in a seasonally adjusted term from an upwardly revised DKK 29.5 billion a month earlier. The surplus of goods account jumped sharply to DKK 5.7 billion from DKK 1.8 billion in June, and that of services account widened to DKK 23.5 billion from DKK 22.8 billion. Also, the surplus of primary income surplus edged higher to DKK 8.3 billion from DKK 8.0 billion. At the same time, the secondary income gap was down to DKK 2.7 billion from DKK 3.2 billion in June. source: Statistics Denmark

Current Account in Denmark averaged 11240.56 DKK Million from 2005 until 2022, reaching an all time high of 34800 DKK Million in July of 2022 and a record low of -1400 DKK Million in February of 2007. This page provides - Denmark Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Current Account - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Current Account in Denmark is expected to be 14500.00 DKK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Current Account is projected to trend around 14000.00 DKK Million in 2023 and 13000.00 DKK Million in 2024, according to our econometric models.

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Denmark Current Account



Calendar GMT Actual Previous Consensus TEForecast
2022-08-09 06:00 AM Jun DKK28.6B DKK26.1B DKK23B
2022-09-08 06:00 AM Jul DKK34.8B DKK29.5B DKK25B
2022-10-10 06:00 AM Aug DKK34.8B


Related Last Previous Unit Reference
Balance of Trade 29226.90 24592.70 DKK Million Jul 2022
Current Account 34800.00 29500.00 DKK Million Jul 2022
Imports 137413.00 137188.40 DKK Million Jul 2022
Exports 166639.90 161781.10 DKK Million Jul 2022
Terms of Trade 110.50 108.80 points Jul 2022
Capital Flows 686.80 356.80 DKK Million Jul 2022

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).
Actual Previous Highest Lowest Dates Unit Frequency
34800.00 29500.00 34800.00 -1400.00 2005 - 2022 DKK Million Monthly
Current Prices, SA

News Stream
Danish Current Account Surplus Hit Fresh Top
Denmark's current account surplus increased to a new record high of DKK 34.8 billion in July 2022 in a seasonally adjusted term from an upwardly revised DKK 29.5 billion a month earlier. The surplus of goods account jumped sharply to DKK 5.7 billion from DKK 1.8 billion in June, and that of services account widened to DKK 23.5 billion from DKK 22.8 billion. Also, the surplus of primary income surplus edged higher to DKK 8.3 billion from DKK 8.0 billion. At the same time, the secondary income gap was down to DKK 2.7 billion from DKK 3.2 billion in June.
2022-09-08
Denmark Current Account Surplus Hits Another Peak
Denmark's current account surplus increased to a new record high of DKK 28.6 billion in June 2022 in a seasonally adjusted term from a downwardly revised DKK 26.1 billion a month earlier. The surplus of goods account jumped to DKK 4.0 billion from DKK 1.6 billion in May, and that of services account widened to DKK 20.1 billion from DKK 19.4 billion. Meanwhile, the surplus of primary income surplus edged down to DKK 8.0 billion from DKK 8.6 billion. At the same time, the secondary income gap was unchanged at DKK 3.4 billion.
2022-08-09
Danish Current Account Surplus Hits Record Peak
Denmark's current account surplus increased to a record high of DKK 26.7 billion in May 2022 in seasonally adjusted term from an upwardly revised DKK 20.6 billion a month earlier. The goods account shifted to a surplus of DKK 2.2 billion from a shortfall of DKK 2.1 billion in the prior month while the surplus of services account widened to DKK 10.0 billion from DKK 17.2 billion and that of the primary income surplus edged up to DKK 8.8 billion from DKK 8.6 billion. Meantime, the secondary income gap widened slightly to DKK 3.3 billion from DKK 3.0 billion.
2022-07-11