Denmark: Foreign exchange reserves
* indicates monthly or quarterly data series
The most recent value is 635.63 billion Danish Krone as of December 2024, a decline compared to the previous value of 641.76 billion Danish Krone. Historically, the average for Denmark from January 1987 to December 2024 is 275.72 billion Danish Krone. The minimum of 43.13 billion Danish Krone was recorded in March 1992, while the maximum of 738.75 billion Danish Krone was reached in March 2015.
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* indicates monthly or quarterly data series
- Measure: billion Danish Krone
- Source: National Bank of Denmark
| Recent values | Denmark: Foreign exchange reserves, billion currency units |
|---|---|
| 2024 Dec | 635.63 |
| 2024 Nov | 641.76 |
| 2024 Oct | 654.39 |
| 2024 Sep | 644.97 |
| 2024 Aug | 641.61 |
| 2024 Jul | 642.42 |
| 2024 Jun | 641.97 |
| 2024 May | 641.91 |
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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign
currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the
International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities
to finance trade imbalances, check the impact of foreign exchange fluctuations and address
other issues under the purview of the central bank.
| 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 |