Denmark's current account surplus declined slightly to a seasonally adjusted DKK 14.3 billion in August 2021 from a downwardly revised DKK 14.7 billion in the previous month. The surplus of goods account was down to DKK 6.1 billion from DKK 7.4 billion in July while that of primary income was almost unchanged at DKK 6 billion. At the same time, the gap of secondary income was barely changed at DKK 2.9 billion in July. Meanwhile, the surplus of services account rose to DKK 5 billion from DKK 4.1 billion. source: Statistics Denmark

Current Account in Denmark averaged 10634.25 DKK Million from 2005 until 2021, reaching an all time high of 22980 DKK Million in October of 2019 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 October of 2021.

Current Account in Denmark is expected to be 15000.00 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 13000.00 DKK Million in 2022, according to our econometric models.

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Denmark Current Account


Calendar GMT Actual Previous Consensus TEForecast
2021-07-09 06:00 AM May DKK14.6B DKK13.7B DKK13.6B
2021-08-09 06:00 AM Jun DKK18.8B DKK14.6B DKK17B
2021-09-08 06:00 AM Jul DKK16.6B DKK20.1B
2021-10-11 06:00 AM Aug DKK14.3B DKK14.7B
2021-11-09 07:00 AM Sep DKK14.3B
2021-12-09 07:00 AM Oct


News Stream
Denmark Current Account Surplus Down Slightly
Denmark's current account surplus declined slightly to a seasonally adjusted DKK 14.3 billion in August 2021 from a downwardly revised DKK 14.7 billion in the previous month. The surplus of goods account was down to DKK 6.1 billion from DKK 7.4 billion in July while that of primary income was almost unchanged at DKK 6 billion. At the same time, the gap of secondary income was barely changed at DKK 2.9 billion in July. Meanwhile, the surplus of services account rose to DKK 5 billion from DKK 4.1 billion.
2021-10-11
Danish Current Account Narrows in July
Denmark's current account surplus declined to a seasonally adjusted DKK 16.6 billion in July 2021 from an upwardly revised DKK 20.1 billion in the previous month. The services surplus decreased to DKK 4.5 billion from DKK 7.4 billion in June, while the goods surplus went down to DKK 8.1 billion from DKK 8.9 billion and the primary income surplus narrowed to DKK 6.9 billion from DKK 7.2 billion. In the meantime, the secondary income deficit dropped to DKK 2.9 billion from DKK 3.4 billion.
2021-09-08
Danish Current Account Surplus Largest in 9 Months
Denmark's current account surplus increased to a seasonally adjusted DKK 18.8 billion in June 2021 from DKK 14.6 billion in the previous month. It was the largest current account surplus since last September, due to an increase in the services surplus to DKK 5.1 billion from DKK 3.6 billion last year, while the goods surplus went up to DKK 10.2 billion from DKK 8.6 billion, and the primary income surplus widened to DKK 6.9 billion from DKK 5.8 billion a year earlier. Meantime, the secondary income deficit edged up to DKK 3.4 billion from DKK 3.3 billion.
2021-08-09
Danish Current Account Surplus Largest in 3 Months
Denmark's current account surplus increased to a seasonally adjusted DKK 14.6 billion in May 2021 from an upwardly revised of DKK 13.7 billion in the previous month. It was the largest current account surplus since February, mainly due to an increase in the services surplus to DKK 3.8 billion from DKK 1.1 billion last year. In addition, the goods surplus was slightly up to DKK 8.2 billion from DKK 7.9 billion, while the secondary income deficit dropped to DKK 3.3 billion from DKK 3.5 billion. Meantime, the primary income surplus narrowed to DKK 5.9 billion from DKK 8.2 billion.
2021-07-09

Denmark Last Unit Reference Previous Highest Lowest
Balance of Trade 11040.30 DKK Million Aug/21 11501.50 20181.00 -2969.00
Current Account 14300.00 DKK Million Aug/21 14700.00 22980.00 -1400.00
Imports 106889.80 DKK Million Aug/21 104452.20 106889.80 915.00
Exports 117930.10 DKK Million Aug/21 116953.70 120580.00 771.00
Terms of Trade 112.70 points Aug/21 113.30 115.20 93.80
Capital Flows 17.00 DKK Million Aug/21 329.00 4975.00 -706.00


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).