Denmark
Government debt in Denmark
Government debt in Denmark: 66.8% of GDP in 1992 and 27.4% of GDP in 2025, by IMF estimates.
- Latest, 2025
- 27.4% of GDP
- Since 1992
- −39.3 percentage points
- Rank, 2025
- 133 of 149
- counting from the highest
- Projected, 2031
- 26.3% of GDP
- IMF projection (World Economic Outlook, October 2026)
% of GDP · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 26.3% of GDP in 2031.
- The highest was 78.7% of GDP in 1993, the lowest 27.4% of GDP in 2025.
Every year
% of GDP · IMF
| Year | Denmark |
|---|---|
| 2025 | 27.4 |
| 2024 | 29.9 |
| 2023 | 33 |
| 2022 | 33.3 |
| 2021 | 39.6 |
| 2020 | 45.2 |
| 2019 | 38.3 |
| 2018 | 38.5 |
| 2017 | 40.2 |
| 2016 | 41.7 |
| 2015 | 44.6 |
| 2014 | 48.7 |
| 2013 | 47.8 |
| 2012 | 48.7 |
| 2011 | 50 |
| 2010 | 46.1 |
| 2009 | 43.1 |
| 2008 | 35.5 |
| 2007 | 29.5 |
| 2006 | 33.2 |
| 2005 | 39.4 |
| 2004 | 46.2 |
| 2003 | 48.2 |
| 2002 | 50.3 |
| 2001 | 50.1 |
| 2000 | 53.6 |
| 1999 | 56.8 |
| 1998 | 60.3 |
| 1997 | 64.4 |
| 1996 | 68.3 |
| 1995 | 71.5 |
| 1994 | 75.3 |
| 1993 | 78.7 |
| 1992 | 66.8 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Denmark |
|---|---|
| 2026 | 26.4 |
| 2027 | 26.4 |
| 2028 | 26.2 |
| 2029 | 26.3 |
| 2030 | 26.4 |
| 2031 | 26.3 |
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 in numbers
Every measure for Denmark on one page
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Military
- Military spending3.25% of GDP in 2025
- Military spending in US dollars$14.1B in 2025
- Military spending per person$2,495 in 2025
- Military share of state spending6.6% of government spending in 2025
- Armed forces personnel15,000 people in 2020
- National power0.09% of world capability in 2022
- Armed forces, share of workers0.49% of the labour force in 2020
- Arms imports278 million TIV in 2025
- Arms exports165 million TIV in 2025