Denmark’s central bank increased its key interest rate by 25 basis points to 2.10% in September, following a similar move by the European Central Bank. The ECB raised rates for the second time this year, saying the conflict in the Middle East continues to fuel inflationary pressures. The decision ensures that the interest rate difference between Denmark and the Eurozone remains unchanged, maintaining the stability of Denmark's currency, the krone, against the euro. Denmark's benchmark current account interest rate and the certificate of deposit rate were each hiked by 25 basis points to 2.10% from 2.25%, while the so-called lending rate was cut by 25 basis points to 2.50% from 2.75%. source: Danmarks Nationalbank

The benchmark interest rate in Denmark was last recorded at 2.10 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 September of 2026.

The benchmark interest rate in Denmark was last recorded at 2.10 percent. Interest Rate in Denmark is expected to be 2.10 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.



Related Last Previous Unit Reference
Banks Balance Sheet 6987365.00 7063351.30 DKK Million Jul 2026
Central Bank Balance Sheet 736.00 741.00 DKK Billion Aug 2026
Foreign Exchange Reserves 693600.00 699600.00 DKK Million Aug 2026
Interest Rate 2.10 1.85 percent Sep 2026
Lending Rate 2.25 2.00 percent Sep 2026
Loans to Private Sector 595.85 610.35 DKK Billion Jul 2026
Money Supply M0 48737.00 49079.00 DKK Million Jul 2026
Money Supply M1 1720844.00 1686434.00 DKK Million Jul 2026
Money Supply M2 1969302.00 1926561.00 DKK Million Jul 2026
Money Supply M3 2168970.00 2119499.00 DKK Million Jul 2026


Denmark Interest Rate
In Denmark, interest rates decisions are taken by the Board of Governors of the Central Bank of Denmark (Danmarks Nationalbank). The main interest rate is the rate on current-account deposits. The Danish central bank follows the path set by the ECB and the key rate will be raised or lowered when the ECB changes the refinance rate. The Danish central bank’s main policy aim is to hold the euro’s exchange rate within 2.25% either above or below 7.46038 kroner in an effort to keep inflation low and provide stability for exporters.
Actual Previous Highest Lowest Dates Unit Frequency
2.10 1.85 11.00 -0.60 1987 - 2026 percent Daily

News Stream
Denmark Central Bank Follows ECB Rate Hike
Denmark’s central bank increased its key interest rate by 25 basis points to 2.10% in September, following a similar move by the European Central Bank. The ECB raised rates for the second time this year, saying the conflict in the Middle East continues to fuel inflationary pressures. The decision ensures that the interest rate difference between Denmark and the Eurozone remains unchanged, maintaining the stability of Denmark's currency, the krone, against the euro. Denmark's benchmark current account interest rate and the certificate of deposit rate were each hiked by 25 basis points to 2.10% from 2.25%, while the so-called lending rate was cut by 25 basis points to 2.50% from 2.75%.
2026-09-10
Denmark Raises Rates in Tandem with ECB
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.
2026-06-11