Denmark: Current account, in dollars

* indicates monthly or quarterly data series
 Denmark

Current account balance, billion USD

 Latest value 40.06
 Year 2023
 Measure billion U.S. dollars
 Data availability 1975 - 2023
 Average 9.19
 Min - Max -4.49 - 46.49
 Source The World Bank
The latest value from 2023 is 40.06 billion U.S. dollars, a decline from 46.49 billion U.S. dollars in 2022. In comparison, the world average is 1.95 billion U.S. dollars, based on data from 148 countries. Historically, the average for Denmark from 1975 to 2023 is 9.19 billion U.S. dollars. The minimum value, -4.49 billion U.S. dollars, was reached in 1986 while the maximum of 46.49 billion U.S. dollars was recorded in 2022. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Denmark - Current account, in dollars - Recent values chart

Historical series
Denmark - Current account, in dollars - historical chart - 1975-2023




Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Terms of trade 99.12 2021 percent
 Trade openness 127.77 2023 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 69.01 2023 percent
 Exports, billion dollars 276.66 2023 billion U.S. dollars
 Growth of exports 13.42 2023 percent
 Imports, percent of GDP 59.44 2023 percent
 Imports, billion dollars 243.48 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.67 2023 percent
 Foreign Direct Investment, billion dollars 4.58 2023 billion U.S. dollars
 Portfolio investment inflows, equities -7,003.04 2023 million dollars (current)
 Current account, percent of GDP 10.90 2023 percent
 Current account, in dollars 40.06 2023 billion U.S. dollars
 Trade balance, percent of GDP 9.57 2023 percent
 Trade balance, in dollars 33.17 2023 billion U.S. dollars
 Reserves 109.37 2023 billion U.S. dollars
 Remittances, percent of GDP 0.35 2023 percent
 Remittances 1,429.43 2023 million U.S. dollars
 Net errors and omissions -5,696.61 2023 million USD
 Foreign exchange reserves 635.63 12/2024 billion
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