Denmark Current Account Surplus Hits 3-Month High

Denmark’s seasonally adjusted current account surplus widened to DKK 44.4 billion in July 2026 from a downwardly revised DKK 29.0 billion in the previous month. This marked the largest increase on record, as the goods account surplus rose to DKK 33.4 billion from DKK 22.0 billion, lifted by a 4.5% rise in exports, while imports fell by 6.9%. Moreover, the services account surplus also increased to DKK 7.1 billion from DKK 3.3 billion, while the secondary income deficit narrowed to DKK 3.0 billion from DKK 3.6 billion a month earlier. On the other hand, the primary income surplus decreased to DKK 6.8 billion from DKK 7.3 billion. In the January–July period, the current account surplus stood at DKK 208.5 billion, up slightly from DKK 208.4 billion in the same period a year ago.

Denmark’s seasonally adjusted current account surplus rose to DKK 32.5 billion in June 2026 from a downwardly revised DKK 25.7 billion in the previous month, marking the largest increase in three months. The goods account surplus widened to DKK 23.5 billion from DKK 22.5 billion, lifted by a 0.4% rise in exports while imports fell by 0.5%. Additionally, the services account surplus increased to DKK 5.3 billion from DKK 3.3 billion, while the primary income surplus also grew to DKK 7.3 billion from DKK 3.1 billion a month earlier. In contrast, the secondary income deficit increased to DKK 3.6 billion from DKK 3.3 billion.

Denmark’s seasonally adjusted current account surplus rose to DKK 30.7 billion in May 2026, easing from a downwardly revised DKK 32.5 billion in the previous month. This marked the smallest surplus in three months, as the goods account surplus narrowed to DKK 24.8 billion from DKK 31.3 billion, weighed down by a 1.6% decline in exports while imports increased 5.7%. Additionally, the primary income surplus moderated to DKK 4.1 billion from DKK 5.9 billion in April. Meanwhile, the services account shifted to a DKK 4.1 billion surplus from a DKK 2.1 billion deficit, while the secondary income deficit shrank to DKK 2.2 billion from DKK 2.6 billion.