Denmark current account to gdp

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Denmark current account to gdp: 9.8 (-16.24%)
Last Update: December 31, 2023

Denmark current account to gdp closed down 9.8 as of December 31, 2023 from 11.7 from the previous month and 7.8 from last year.


Denmark current account to gdp Analytics & Data




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Denmark current account to gdp

Date Values
2023-12-31 9.8
2023-12-31 9.8
2022-12-31 11.7
2022-12-31 11.7
2021-12-31 9.1
2021-12-31 9.1
2020-12-31 8
2020-12-31 8
2019-12-31 7.9
2019-12-31 7.9
2018-12-31 7
2018-12-31 7
2017-12-31 7.8
2017-12-31 7.8
2016-12-31 7.8
2016-12-31 7.8
2015-12-31 8.2
2015-12-31 8.2
2014-12-31 8.9
2014-12-31 8.9
2013-12-31 7.8
2013-12-31 7.8
2012-12-31 6.3
2012-12-31 6.3

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Denmark current account to gdp Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
current account to gdp dk.currentaccountgdp 9.8 9.8 0 26 UP UP 56 2023-12-31

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Denmark current account to gdp Historical Data

The MacroVar database offers free access to historical data for the Denmark current account to gdp, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Denmark current account to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Denmark current account to gdp

Denmark's current account to GDP ratio is an important indicator of the country's economic health and its ability to generate and maintain a surplus in its trade balance. A high current account to GDP ratio indicates that Denmark is exporting more goods and services than it is importing, leading to a positive balance of trade. This surplus can help boost economic growth and stability by increasing foreign exchange reserves and reducing the country's dependence on external financing. A low current account to GDP ratio, on the other hand, could signal a trade deficit and potential economic vulnerabilities. Overall, monitoring Denmark's current account to GDP ratio is crucial for understanding the country's economic performance and competitiveness in the global market.

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