Denmark’s central bank increased its key interest rate by 25 basis points to 1.85% on June 11, as expected, mirroring the European Central Bank’s earlier move to combat rising inflation amid the Middle East conflict. The ECB raised rates for the first time in three years, aiming to preempt a broader inflation surge as energy costs escalate due to the Iran war. Denmark’s Nationalbank, whose primary mandate is to maintain the krone’s stability within a narrow trading band against the euro, achieves this through currency interventions and interest rate adjustments. source: Danmarks Nationalbank
The benchmark interest rate in Denmark was last recorded at 1.85 percent. Interest Rate in Denmark averaged 3.12 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. This page provides the latest reported value for - Denmark Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.
The benchmark interest rate in Denmark was last recorded at 1.85 percent. Interest Rate in Denmark is expected to be 1.85 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 1.85 percent in 2027 and 1.60 percent in 2028, according to our econometric models.