Denmark Private Consumption: % of GDP

1990 - 2024 | Quarterly | % | CEIC Data

Key information about Denmark Private Consumption: % of GDP

  • Denmark Private Consumption accounted for 45.2 % of its Nominal GDP in Jun 2024, compared with a ratio of 47.4 % in the previous quarter.
  • Denmark Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1990 to Jun 2024, with an average share of 48.0 %.
  • The data reached an all-time high of 51.7 % in Dec 1993 and a record low of 42.0 % in Sep 2022.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. Statistics Denmark provides Private Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about Denmark Private Consumption: % of GDP

  • In the latest reports, Denmark GDP expanded 1.7 % YoY in Mar 2023.
  • Its Nominal GDP reached 102.0 USD bn in Mar 2023.
  • Denmark GDP Per Capita reached 67,743.6 USD in Dec 2022.
  • Its Gross Savings Rate was measured at 33.8 % in Jun 2024.

View Denmark's Private Consumption: % of GDP from Mar 1990 to Jun 2024 in the chart:

Denmark Private Consumption: % of GDP

What was Denmark's Private Consumption: % of GDP in Jun 2024?

Denmark Private Consumption accounted for 45.2 % of its Nominal GDP in Jun 2024, compared with a ratio of 47.4 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
45.2 Jun 2024 47.4 Mar 2024 42.0 Sep 2022 51.7 Dec 1993 % quarterly Mar 1990 - Jun 2024

Private Consumption: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 73.3 Sep 2022 quarterly Mar 2008 - Sep 2022
Algeria (%) 41.2 2023 yearly 1950 - 2023
Argentina (%) 69.6 Jun 2024 quarterly Mar 1993 - Jun 2024
Armenia (%) 73.7 Jun 2024 quarterly Dec 1994 - Jun 2024
Australia (%) 50.6 Jun 2024 quarterly Sep 1959 - Jun 2024
Austria (%) 51.9 Jun 2024 quarterly Mar 1988 - Jun 2024
Azerbaijan (%) 44.0 Sep 2022 quarterly Mar 2001 - Sep 2022
Bahrain (%) 36.3 2022 yearly 1975 - 2022
Bangladesh (%) 66.8 2024 yearly 1973 - 2024
Belarus (%) 55.0 Jun 2024 quarterly Mar 1994 - Jun 2024
Belgium (%) 51.4 Jun 2024 quarterly Mar 1980 - Jun 2024
Bolivia (%) 71.8 Mar 2024 quarterly Mar 1990 - Mar 2024
Bosnia and Herzegovina (%) 62.8 Jun 2024 quarterly Mar 2008 - Jun 2024
Botswana (%) 42.8 Jun 2024 quarterly Mar 2006 - Jun 2024
Brazil (%) 63.0 Jun 2024 quarterly Mar 1996 - Jun 2024
Brunei (%) 24.2 Jun 2024 quarterly Mar 2004 - Jun 2024
Bulgaria (%) 62.6 Dec 2022 quarterly Mar 1995 - Dec 2022
Cambodia (%) 60.0 2022 yearly 1993 - 2022
Canada (%) 57.7 Jun 2024 quarterly Mar 1961 - Jun 2024
Chile (%) 65.2 Sep 2022 quarterly Mar 1996 - Sep 2022
China (%) 39.2 2023 yearly 1952 - 2023
Colombia (%) 74.5 Mar 2024 quarterly Mar 2005 - Mar 2024
Croatia (%) 58.5 Jun 2024 quarterly Mar 1995 - Jun 2024
Cyprus (%) 57.1 Jun 2024 quarterly Mar 1995 - Jun 2024
Czech Republic (%) 45.9 Dec 2022 quarterly Mar 1995 - Dec 2022
Denmark (%) 45.2 Jun 2024 quarterly Mar 1990 - Jun 2024
Ecuador (%) 63.1 Mar 2023 quarterly Mar 1991 - Mar 2023
Egypt (%) 86.8 Jun 2024 quarterly Sep 2001 - Jun 2024
Estonia (%) 53.5 Jun 2024 quarterly Mar 1993 - Jun 2024
European Union (%) 52.7 Jun 2024 quarterly Mar 1995 - Jun 2024
Finland (%) 51.8 Jun 2024 quarterly Mar 1975 - Jun 2024
France (%) 55.0 Sep 2024 quarterly Mar 1980 - Sep 2024
Georgia (%) 73.7 Jun 2024 quarterly Mar 1996 - Jun 2024
Germany (%) 53.2 Jun 2024 quarterly Mar 1991 - Jun 2024
Ghana (%) 84.2 2023 yearly 2006 - 2023
Greece (%) 70.1 Jun 2024 quarterly Mar 1995 - Jun 2024
Hong Kong SAR, China (%) 71.7 Jun 2024 quarterly Mar 1973 - Jun 2024
Hungary (%) 50.3 Dec 2022 quarterly Mar 1995 - Dec 2022
Iceland (%) 51.0 Jun 2024 quarterly Mar 1995 - Jun 2024
India (%) 60.4 Jun 2024 quarterly Jun 1996 - Jun 2024
Indonesia (%) 55.9 Jun 2024 quarterly Mar 1993 - Jun 2024
Iran (%) 45.2 Mar 2022 quarterly Jun 1988 - Mar 2022
Ireland (%) 31.9 Jun 2024 quarterly Mar 1995 - Jun 2024
Israel (%) 48.2 Jun 2024 quarterly Mar 1995 - Jun 2024
Italy (%) 58.6 Dec 2022 quarterly Mar 1980 - Dec 2022
Ivory Coast (%) 65.8 2023 yearly 1960 - 2023
Japan (%) 54.2 Jun 2024 quarterly Mar 1980 - Jun 2024
Jordan (%) 78.7 2023 yearly 1962 - 2023
Kazakhstan (%) 46.5 Sep 2022 quarterly Mar 1994 - Sep 2022
Kenya (%) 76.2 2023 yearly 1969 - 2023
South Korea (%) 47.6 Jun 2024 quarterly Mar 1960 - Jun 2024
Kosovo (%) 72.5 Sep 2022 quarterly Mar 2010 - Sep 2022
Kuwait (%) 32.5 2022 yearly 1962 - 2022
Kyrgyzstan (%) 84.8 Sep 2023 quarterly Mar 2000 - Sep 2023
Laos (%) 64.4 2016 yearly 2000 - 2016
Latvia (%) 59.3 Jun 2024 quarterly Mar 1995 - Jun 2024
Lebanon (%) 118.8 2021 yearly 1990 - 2021
Lithuania (%) 60.7 Dec 2022 quarterly Mar 1993 - Dec 2022
Luxembourg (%) 31.2 Sep 2022 quarterly Mar 1995 - Sep 2022
Macau SAR, China (%) 29.1 Jun 2024 quarterly Mar 1998 - Jun 2024
North Macedonia (%) 67.1 Dec 2022 quarterly Mar 2000 - Dec 2022
Malawi (%) 79.2 2019 yearly 1960 - 2019
Malaysia (%) 59.6 Jun 2024 quarterly Mar 1991 - Jun 2024
Malta (%) 45.0 Jun 2024 quarterly Mar 1992 - Jun 2024
Mauritius (%) 59.8 Jun 2024 quarterly Mar 1999 - Jun 2024
Mexico (%) 70.0 Jun 2024 quarterly Mar 1993 - Jun 2024
Moldova (%) 82.6 Jun 2024 quarterly Mar 1995 - Jun 2024
Mongolia (%) 48.4 Jun 2024 quarterly Mar 2010 - Jun 2024
Montenegro (%) 77.1 Jun 2024 quarterly Mar 2010 - Jun 2024
Morocco (%) 56.7 Jun 2024 quarterly Mar 2007 - Jun 2024
Mozambique (%) 78.0 2023 yearly 1969 - 2022
Nepal (%) 86.1 2024 yearly 1975 - 2024
Netherlands (%) 42.4 Jun 2024 quarterly Mar 1977 - Jun 2024
New Zealand (%) 57.4 Jun 2024 quarterly Jun 1987 - Jun 2024
Nigeria (%) 61.2 2023 yearly 1981 - 2023
Norway (%) 39.4 Jun 2024 quarterly Mar 1978 - Jun 2024
Oman (%) 34.3 2022 yearly 1980 - 2022
Pakistan (%) 84.4 2024 yearly 1967 - 2024
Palestinian Territory (%) 98.6 Jun 2024 quarterly Mar 2011 - Jun 2024
Panama (%) 48.7 2022 yearly 1996 - 2022
Paraguay (%) 67.1 Jun 2024 quarterly Mar 1994 - Jun 2024
Peru (%) 65.7 Jun 2024 quarterly Mar 1980 - Jun 2024
Philippines (%) 72.5 Jun 2024 quarterly Mar 1981 - Jun 2024
Poland (%) 60.2 Jun 2024 quarterly Mar 1995 - Jun 2024
Portugal (%) 61.1 Jun 2024 quarterly Mar 1995 - Jun 2024
Qatar (%) 20.6 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (%) 61.5 Jun 2024 quarterly Mar 1995 - Jun 2024
Russia (%) 50.9 Jun 2024 quarterly Mar 1993 - Jun 2024
Saudi Arabia (%) 40.2 Jun 2024 quarterly Mar 2003 - Jun 2024
Serbia (%) 66.2 Dec 2022 quarterly Mar 1995 - Dec 2022
Singapore (%) 31.3 2023 yearly 1960 - 2023
Slovakia (%) 61.9 Dec 2022 quarterly Mar 1993 - Dec 2022
Slovenia (%) 50.5 Jun 2024 quarterly Mar 1995 - Jun 2024
South Africa (%) 62.8 Jun 2024 quarterly Mar 1960 - Jun 2024
Spain (%) 55.1 Sep 2024 quarterly Mar 1980 - Sep 2024
Sri Lanka (%) 66.4 Jun 2024 quarterly Mar 2010 - Jun 2024
Sudan (%) 77.8 2016 yearly 1976 - 2016
Sweden (%) 44.9 Jun 2024 quarterly Mar 1980 - Jun 2024
Switzerland (%) 50.3 Jun 2024 quarterly Mar 1980 - Jun 2024
Syria (%) 114.8 2022 yearly 1970 - 2022

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Denmark Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 3.3 Jun 2024 quarterly Dec 1999 - Jun 2024
Consolidated Fiscal Balance (USD mn) 4,208.851 Jun 2024 quarterly Mar 1999 - Jun 2024
Tax Revenue (USD mn) 46,889.943 Jun 2024 quarterly Mar 1999 - Jun 2024
Tax Revenue: % of GDP (%) 44.3 Jun 2024 quarterly Mar 1999 - Jun 2024
National Government Debt (USD mn) 136,336.2 Jun 2024 quarterly Mar 2000 - Jun 2024
Government Debt: % of GDP (%) 33.7 Jun 2024 quarterly Mar 2000 - Jun 2024
Forecast: Government Expenditure (DKK bn) 1,663.394 2029 yearly 1980 - 2029
Forecast: Government Net Debt (DKK bn) 925.965 2029 yearly 1992 - 2029
Forecast: Government Revenue (DKK bn) 1,661.452 2029 yearly 1980 - 2029
General Government Revenue (DKK mn) 369,891.000 Jun 2024 quarterly Mar 1999 - Jun 2024
General Government Expenditure: Capital (DKK mn) 27,295.000 Jun 2024 quarterly Mar 1999 - Jun 2024
General Government: Overall Surplus (DKK mn) 29,170.000 Jun 2024 quarterly Mar 1999 - Jun 2024
General Government Expenditure (DKK mn) 340,721.000 Jun 2024 quarterly Mar 1999 - Jun 2024
General Government Expenditure: Current (DKK mn) 268,269.000 Dec 2018 quarterly Mar 1999 - Dec 2018
General Government Revenue: Current: Taxes on Production and Imports: ow Value A... (DKK mn) 57,510.000 Dec 2018 quarterly Mar 1999 - Dec 2018
General Government Revenue: Current (DKK mn) 290,258.000 Dec 2018 quarterly Mar 1999 - Dec 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.870 2029 yearly 1980 - 2029
Trade Balance (USD mn) 4,118.0 Aug 2024 monthly Jan 1997 - Aug 2024
Total Exports (USD mn) 15,084.3 Aug 2024 monthly Jan 1997 - Aug 2024
Total Exports Growth (%) 13.2 Aug 2024 monthly Jan 1998 - Aug 2024
Aluminum: Exports (USD th) 921,217.264 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 10,417,439.796 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 2,944,357.814 2022 yearly 1995 - 2022
Total Imports (USD mn) 10,966.3 Aug 2024 monthly Jan 1997 - Aug 2024
Total Imports Growth (%) -3.0 Aug 2024 monthly Jan 1998 - Aug 2024
Imports: Medicament (USD th) 4,162,313.133 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,863,470.806 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 758.925 Aug 2024 monthly Sep 1974 - Aug 2024
Total Imports from USA (USD mn) 677.968 Aug 2024 monthly Sep 1974 - Aug 2024
Total Exports to China (USD mn) 669.321 Aug 2024 monthly Sep 1974 - Aug 2024
Total Imports from China (USD mn) 819.338 Aug 2024 monthly Sep 1974 - Aug 2024
Imports Volume Index: sa (2015=100) 123.200 Aug 2024 monthly Jan 2007 - Aug 2024
Exports Volume Index: sa (2015=100) 122.100 Aug 2024 monthly Jan 2007 - Aug 2024
Natural Gas Exports: Sweden (TJ) 1,321.268 Jul 2024 monthly Jan 2002 - Jul 2024
Natural Gas Exports: Germany (TJ) 140.574 Jul 2024 monthly Jan 2002 - Jul 2024
Natural Gas Exports: Netherlands (TJ) 2,958.081 Jul 2024 monthly Jan 2002 - Jul 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 349.6 Aug 2024 monthly Jan 1999 - Aug 2024
Current Account Balance (USD mn) 5,296.0 Apr 2023 monthly Jan 2005 - Apr 2023
Current Account Balance: % of GDP (%) 13.6 Jun 2024 quarterly Mar 1990 - Jun 2024
Foreign Direct Investment (USD mn) -171.5 Aug 2024 monthly Jan 1999 - Aug 2024
Foreign Direct Investment: % of GDP (%) 2.4 Jun 2024 quarterly Mar 1999 - Jun 2024
Foreign Portfolio Investment (USD mn) 11,424.396 Jun 2024 quarterly Mar 1999 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 10.8 Jun 2024 quarterly Mar 1999 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 664.0 Jun 2024 quarterly Mar 1975 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 10,734.686 Jun 2024 quarterly Mar 1975 - Jun 2024
External Debt (USD mn) 564,045.8 Jun 2024 quarterly Dec 2005 - Jun 2024
External Debt: % of GDP (%) 132.3 2023 yearly 2005 - 2023
External Debt: Short Term (USD mn) 251,931.9 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: Short Term: % of GDP (%) 58.5 2023 yearly 2005 - 2023
Total Debt: % of GDP (%) 780.0 2022 yearly 1994 - 2022
Forecast: Current Account Balance (USD bn) 42.035 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 137,531.958 Jun 2024 quarterly Mar 2005 - Jun 2024
BoP: Current Account: Secondary Income (DKK mn) -2,110.600 Aug 2024 monthly Jan 2005 - Aug 2024
Balance of Payments (BoP): Current Account (DKK mn) 33,608.900 Aug 2024 monthly Jan 2005 - Aug 2024
BoP: Current Account: Goods and Services: Services (DKK mn) 6,230.200 Aug 2024 monthly Jan 2005 - Aug 2024
BoP: Current Account: Goods and Services (DKK mn) 34,008.800 Aug 2024 monthly Jan 2005 - Aug 2024
BoP: Net Errors and Omissions (DKK mn) 22,646.400 Aug 2024 monthly Jan 2005 - Aug 2024
BoP: Current Account: Primary Income (DKK mn) 1,710.700 Aug 2024 monthly Jan 2005 - Aug 2024
BoP: Current Account: Goods and Services: Goods f.o.b (DKK mn) 27,778.600 Aug 2024 monthly Jan 2005 - Aug 2024
BoP: FA: Assets: Direct Investments (DKK mn) 2,367.000 Aug 2024 monthly Jan 2005 - Aug 2024
BoP: FA: Assets: Portfolio Investments (DKK mn) 13,356.000 Aug 2024 monthly Jan 2005 - Aug 2024
Balance of Payment (BoP): Financial Account (FA): Net Assets (DKK mn) 56,354.000 Aug 2024 monthly Jan 2005 - Aug 2024
BoP: FA: Net Assets: Financial Derivatives (DKK mn) -549.000 Aug 2024 monthly Jan 2005 - Aug 2024
BoP: FA: Liabilities: Other Investments (DKK mn) 28,083.000 Aug 2024 monthly Jan 2005 - Aug 2024
BoP: FA: Net Assets: Other Investments (DKK mn) 7,871.000 Aug 2024 monthly Jan 2005 - Aug 2024
BoP: FA: Net Assets: Reserve Assets (DKK mn) 249.000 Aug 2024 monthly Jan 2005 - Aug 2024
BoP: FA: Liabilities: Portfolio Investments (DKK mn) -31,899.000 Aug 2024 monthly Jan 2005 - Aug 2024
BoP: FA: Net Assets: Direct Investments (DKK mn) 3,528.000 Aug 2024 monthly Jan 2005 - Aug 2024
BoP: FA: Assets: Reserve Assets (DKK mn) 249.000 Aug 2024 monthly Jan 2005 - Aug 2024
BoP: FA: Assets (DKK mn) 1,205.000 Aug 2024 monthly Jan 2005 - Aug 2024
BoP: FA: Net Assets: Portfolio Investments (DKK mn) 45,255.000 Aug 2024 monthly Jan 2005 - Aug 2024
BoP: FA: Liabilities (DKK mn) -55,149.000 Aug 2024 monthly Jan 2005 - Aug 2024
BoP: FA: Assets: Financial Derivatives (DKK mn) -50,722.000 Aug 2024 monthly Jan 2005 - Aug 2024
BoP: FA: Liabilities: Direct Investments (DKK mn) -1,161.000 Aug 2024 monthly Jan 2005 - Aug 2024
International Investment Position (IIP): Assets (DKK mn) 10,978,292.000 Jun 2024 quarterly Mar 2005 - Jun 2024
International Investment Position (IIP): Liabilities (DKK mn) 10,020,767.000 Jun 2024 quarterly Mar 2005 - Jun 2024
International Investment Position (IIP): Net (DKK mn) 957,525.000 Jun 2024 quarterly Mar 2005 - Jun 2024
Gross External Debt (DKK bn) 3,927.000 Jun 2024 quarterly Dec 2005 - Jun 2024
Gross External Debt: Long Term (DKK bn) 2,173.000 Jun 2024 quarterly Dec 2005 - Jun 2024
Gross External Debt: Short Term (DKK bn) 1,754.000 Jun 2024 quarterly Mar 2005 - Jun 2024
Danish Direct Investment (DKK bn) -22.582 Jun 2024 quarterly Mar 2005 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.9 Jun 2024 quarterly Dec 2010 - Jun 2024
Household Debt: % of GDP (%) 86.5 2022 yearly 1994 - 2022
Money Supply M1 (USD mn) 186,387.350 Aug 2017 monthly Jan 1995 - Aug 2017
Money Supply M2 (USD mn) 203,577.099 Aug 2017 monthly Jan 1995 - Aug 2017
M2 Growth (%) 3.4 Aug 2017 monthly Jan 1996 - Aug 2017
Foreign Exchange Reserves (USD mn) 84,961.7 Sep 2024 monthly Jan 2002 - Sep 2024
Foreign Exchange Reserves: % of GDP (%) 19.927 Jun 2024 quarterly Mar 2002 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 7.7 Aug 2024 monthly Jan 2002 - Aug 2024
Gold Reserves (USD mn) 5,621.253 Sep 2024 monthly Jan 1962 - Sep 2024
Total Deposits (USD mn) 303,322.865 Aug 2024 monthly Jan 2003 - Aug 2024
Total Deposits Growth (%) 5.7 Aug 2024 monthly Jan 2004 - Aug 2024
Domestic Credit (USD mn) 805,945.2 Jul 2024 monthly Dec 2001 - Jul 2024
Domestic Credit Growth (%) -4.7 Jul 2024 monthly Dec 2002 - Jul 2024
Debt Service Ratio: Households (%) 12.700 Dec 2023 quarterly Mar 1999 - Dec 2023
Debt Service Ratio: Private Non-Financial Sector (%) 24.500 Dec 2023 quarterly Mar 1999 - Dec 2023
Credit to Households (USD bn) 367.441 Dec 2023 quarterly Dec 1994 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 903.088 Dec 2023 quarterly Sep 1953 - Dec 2023
Household Debt (USD mn) 353,730.6 2022 yearly 1994 - 2022
Total Loans (USD mn) 120,228.887 Sep 2024 monthly Oct 2013 - Sep 2024
Total Loans Growth (%) 2.70 Sep 2024 monthly Oct 2014 - Sep 2024
Private Debt: % of Nominal GDP (%) 28.35 Jun 2024 quarterly Dec 2013 - Jun 2024
Money Supply: M3: M2 (DKK bn) 1,752.621 Sep 2024 monthly Jan 1991 - Sep 2024
Money Supply: M3: M2: M1 (DKK bn) 1,490.269 Sep 2024 monthly Jan 1991 - Sep 2024
Money Supply: M2: M1: sa (DKK bn) 1,165.480 Aug 2017 monthly Jan 1995 - Aug 2017
Money Supply: M3 (DKK bn) 1,956.722 Sep 2024 monthly Jan 1991 - Sep 2024
Money Supply: M2: sa (DKK bn) 1,272.968 Aug 2017 monthly Jan 1995 - Aug 2017
Official Reserve Assets: Foreign Currency Reserves (FC) (DKK bn) 367.000 Sep 2024 monthly Jan 2002 - Sep 2024
Official Reserve Assets (DKK bn) 682.500 Sep 2024 monthly Dec 1999 - Sep 2024
Official Reserve Assets: Gold (DKK bn) 17.800 Dec 2018 monthly Dec 1999 - Dec 2018
Payment Cards: Transactions: Value: Issued in Denmark (DKK mn) 211,930.000 Sep 2024 quarterly Mar 2016 - Sep 2024
Payment Cards: Transactions: Value: Issued Abroad (DKK mn) 14,419.000 Sep 2024 quarterly Mar 2016 - Sep 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 9.0 Oct 2024 monthly Jan 1999 - Oct 2024
Business Sentiment Indicator (1990-2018=100) 108.400 Oct 2024 monthly Jan 1990 - Oct 2024
Economic Sentiment Indicator (1990-2018=100) 102.500 Oct 2024 monthly Jan 1990 - Oct 2024

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