Denmark vs Germany

Denmark vs Germany: Government debt

Government debt in 2025: 27.4% of GDP in Denmark and 62.7% of GDP in Germany, by IMF estimates. In 2025 the value was higher in Germany, by 35.2 percentage points, or 2.29 times that in Denmark.

% of GDP · IMF

Denmark vs Germany: Government debtGovernment debt in 2025: 27.4% of GDP in Denmark and 62.7% of GDP in Germany, by IMF estimates. In 2025 the value was higher in Germany, by 35.2 percentage points, or 2.29 times that in Denmark.
DenmarkGermanyIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Germany has been higher since 1999, when it overtook Denmark.
  • In 2025, Denmark ranked 133 and Germany ranked 51 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Denmark at 26.3% of GDP and Germany at 75.6% of GDP in 2031.

Every year

% of GDP · IMF

YearDenmarkGermany
202527.462.7
202429.961.4
20233361.8
202233.364.1
202139.667.4
202045.267.5
201938.358.4
201838.560.5
201740.263.7
201641.768.1
201544.671
201448.774.4
201347.877.4
201248.779.8
20115078.5
201046.181
200943.172.4
200835.565.2
200729.563.7
200633.266.4
200539.467.1
200446.265
200348.263.3
200250.359.8
200150.158.1
200053.659.2
199956.860.4
199860.359.4
199764.458.8
199668.357.7
199571.554.9
199475.347.5
199378.745.1
199266.841.4
1991–39
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearDenmarkGermany
202626.464.6
202726.467
202826.269.3
202926.371.5
203026.473.6
203126.375.6

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Denmark vs Germany

Health

People

Economy

Education

Politics

Conflict

Military

Climate

Technology and environment