Denmark Tax Revenue: % of GDP

1999 - 2024 | Quarterly | % | CEIC Data

Key information about Denmark Tax revenue: % of GDP

  • Denmark Tax revenue: % of GDP was reported at 44.3 % in Jun 2024.
  • This records a decrease from the previous number of 46.5 % for Mar 2024.
  • Denmark Tax revenue: % of GDP data is updated quarterly, averaging 46.2 % from Mar 1999 to Jun 2024, with 102 observations.
  • The data reached an all-time high of 52.2 % in Mar 2021 and a record low of 40.5 % in Dec 2022.
  • Denmark Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Quarterly.

CEIC calculates quarterly Tax Revenue as % of Nominal GDP from quarterly Tax Revenue and quarterly Nominal GDP. Tax Revenue is calculated as the sum of Taxes on Production and Imports, Current Taxes on Income and Wealth and Capital Taxes. Statistics Denmark provides Tax Revenue in local currency and Nominal GDP in local currency.

View Denmark's Tax Revenue: % of GDP from Mar 1999 to Jun 2024 in the chart:

Denmark Tax Revenue: % of GDP

What was Denmark's Tax Revenue: % of GDP in Jun 2024?

Denmark Tax revenue: % of GDP was reported at 44.3 % in Jun 2024. See the table below for more data.

Last Previous Min Max Unit Frequency Range
44.3 Jun 2024 46.5 Mar 2024 40.5 Dec 2022 52.2 Mar 2021 % quarterly Mar 1999 - Jun 2024

Tax Revenue: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 19.2 2023 yearly 2008 - 2023
Algeria (%) 4.8 2023 yearly 1997 - 2023
Argentina (%) 17.8 Jun 2024 quarterly Mar 2004 - Jun 2024
Armenia (%) 25.1 Mar 2023 quarterly Mar 2008 - Mar 2023
Australia (%) 33.5 Jun 2024 quarterly Sep 2002 - Jun 2024
Austria (%) 27.2 Jun 2024 quarterly Mar 2001 - Jun 2024
Azerbaijan (%) 17.9 2023 yearly 1993 - 2023
Bahrain (%) 5.3 2023 yearly 1990 - 2023
Bangladesh (%) 7.8 2023 yearly 2006 - 2023
Belarus (%) 21.7 Sep 2021 quarterly Mar 2009 - Sep 2021
Belgium (%) 29.8 2023 yearly 1980 - 2023
Bolivia (%) 17.8 2022 yearly 1990 - 2022
Bosnia and Herzegovina (%) 21.6 2023 yearly 2005 - 2023
Botswana (%) 34.0 Jun 2023 quarterly Jun 2007 - Jun 2023
Brazil (%) 15.9 Sep 2024 quarterly Sep 1994 - Sep 2024
Brunei (%) 1.8 2023 yearly 2010 - 2023
Bulgaria (%) 31.5 Jun 2024 quarterly Mar 2003 - Jun 2024
Cambodia (%) 13.5 2022 yearly 2009 - 2022
Canada (%) 13.2 Jun 2024 quarterly Mar 1996 - Jun 2024
Chile (%) 19.4 2023 yearly 1990 - 2023
China (%) 11.3 Sep 2024 quarterly Mar 1995 - Sep 2024
Colombia (%) 16.8 Jun 2024 quarterly Mar 2000 - Jun 2024
Croatia (%) 26.1 Dec 2019 quarterly Mar 2015 - Dec 2019
Cyprus (%) 20.3 Jun 2024 quarterly Mar 1995 - Jun 2024
Czech Republic (%) 19.8 Jun 2024 quarterly Mar 1995 - Jun 2024
Denmark (%) 44.3 Jun 2024 quarterly Mar 1999 - Jun 2024
Ecuador (%) 15.4 Jun 2024 quarterly Mar 2000 - Jun 2024
Egypt (%) 5.5 2023 yearly 2005 - 2023
Estonia (%) 23.4 Jun 2024 quarterly Mar 1999 - Jun 2024
European Union (%) 25.8 2023 yearly 1995 - 2023
Finland (%) 33.0 Jun 2024 quarterly Mar 1999 - Jun 2024
France (%) 15.9 Sep 2024 quarterly Mar 2006 - Sep 2024
Georgia (%) 26.1 Jun 2024 quarterly Mar 2006 - Jun 2024
Germany (%) 23.4 Jun 2024 quarterly Mar 1991 - Jun 2024
Ghana (%) 13.9 Jun 2022 quarterly Mar 2008 - Jun 2022
Greece (%) 31.7 Jun 2024 quarterly Mar 1999 - Jun 2024
Hong Kong SAR, China (%) 6.7 Jun 2024 quarterly Sep 1979 - Jun 2024
Hungary (%) 26.1 Jun 2024 quarterly Mar 1999 - Jun 2024
Iceland (%) 30.9 Jun 2024 quarterly Mar 2002 - Jun 2024
India (%) 7.1 Jun 2024 quarterly Jun 1997 - Jun 2024
Indonesia (%) 9.5 Sep 2024 quarterly Mar 2014 - Sep 2024
Iran (%) 4.9 2021 yearly 1996 - 2021
Ireland (%) 20.5 Jun 2024 quarterly Mar 2000 - Jun 2024
Israel (%) 22.6 Jun 2024 quarterly Mar 2001 - Jun 2024
Italy (%) 29.3 Jun 2024 quarterly Mar 1999 - Jun 2024
Ivory Coast (%) 13.1 2023 yearly 1960 - 2023
Japan (%) 15.4 Jun 2024 quarterly Jun 1983 - Jun 2024
Jordan (%) 15.2 2018 yearly 1999 - 2018
Kazakhstan (%) 15.3 Dec 2023 quarterly Mar 2008 - Dec 2023
Kenya (%) 7.0 2023 yearly 2006 - 2023
South Korea (%) 13.2 Jun 2024 quarterly Mar 2000 - Jun 2024
Kosovo (%) 24.8 Sep 2023 quarterly Mar 2010 - Sep 2023
Kuwait (%) 1.1 2023 yearly 1986 - 2023
Kyrgyzstan (%) 30.8 Mar 2024 quarterly Mar 2007 - Mar 2024
Laos (%) 13.0 2023 yearly 2012 - 2023
Latvia (%) 24.9 Jun 2024 quarterly Mar 1999 - Jun 2024
Lebanon (%) 10.9 2020 yearly 1998 - 2020
Lithuania (%) 25.2 Jun 2024 quarterly Mar 1999 - Jun 2024
Luxembourg (%) 29.4 2023 yearly 1995 - 2023
Macau SAR, China (%) 22.2 2023 yearly 2002 - 2023
North Macedonia (%) 20.2 Jun 2024 quarterly Mar 2004 - Jun 2024
Malawi (%) 12.8 2022 yearly 2009 - 2022
Malaysia (%) 11.3 Jun 2024 quarterly Mar 1991 - Jun 2024
Malta (%) 25.1 Jun 2024 quarterly Mar 2000 - Jun 2024
Mauritius (%) 21.9 Dec 2022 quarterly Mar 2010 - Dec 2022
Mexico (%) 15.1 Jun 2024 quarterly Mar 1993 - Jun 2024
Moldova (%) 21.0 2023 yearly 2004 - 2023
Mongolia (%) 25.0 Jun 2024 quarterly Mar 2000 - Jun 2024
Montenegro (%) 28.8 Jun 2024 quarterly Mar 2012 - Jun 2024
Morocco (%) 22.5 Jun 2022 quarterly Mar 2007 - Jun 2022
Mozambique (%) 18.2 2016 yearly 1996 - 2016
Myanmar (%) 4.4 2021 yearly 2005 - 2021
Nepal (%) 19.1 2018 yearly 2001 - 2018
Netherlands (%) 26.6 Jun 2024 quarterly Mar 1999 - Jun 2024
New Zealand (%) 30.8 2023 yearly 1999 - 2023
Norway (%) 31.3 Jun 2024 quarterly Mar 2002 - Jun 2024
Oman (%) 4.5 2023 yearly 1996 - 2023
Pakistan (%) 5.8 2023 yearly 2000 - 2023
Palestinian Territory (%) 21.4 2020 yearly 2005 - 2020
Panama (%) 6.7 Jun 2024 quarterly Mar 2007 - Jun 2024
Paraguay (%) 13.6 Jun 2024 quarterly Mar 1998 - Jun 2024
Peru (%) 15.2 Jun 2024 quarterly Mar 1990 - Jun 2024
Philippines (%) 15.6 Sep 2024 quarterly Mar 1985 - Sep 2024
Poland (%) 16.9 Jun 2024 quarterly Mar 2007 - Jun 2024
Portugal (%) 22.0 Mar 2024 quarterly Mar 1999 - Mar 2024
Russia (%) 21.4 Jun 2024 quarterly Mar 1996 - Jun 2024
Serbia (%) 42.4 Jun 2024 quarterly Mar 2005 - Jun 2024
Singapore (%) 16.7 Jun 2024 quarterly Dec 1987 - Jun 2024
Slovakia (%) 14.0 Jun 2024 quarterly Mar 2005 - Jun 2024
Slovenia (%) 22.8 Jun 2024 quarterly Mar 2000 - Jun 2024
South Africa (%) 21.8 Jun 2024 quarterly Mar 1990 - Jun 2024
Spain (%) 23.6 2023 yearly 1995 - 2023
Sri Lanka (%) 12.9 Jun 2024 quarterly Mar 2014 - Jun 2024
Sudan (%) 5.6 2021 yearly 2001 - 2021
Sweden (%) 21.2 2023 yearly 1995 - 2023
Switzerland (%) 26.7 2022 yearly 1990 - 2022
Taiwan (%) 25.2 Jun 2024 quarterly Mar 1975 - Jun 2024
Tajikistan (%) 20.5 2016 yearly 2000 - 2016
Thailand (%) 13.2 2023 yearly 1990 - 2023
Tunisia (%) 25.4 2023 yearly 1991 - 2023

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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) 3,262.4 Sep 2024 monthly Jan 1999 - Sep 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) -6,260.861 Sep 2024 quarterly Mar 1999 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -5.9 Sep 2024 quarterly Mar 1999 - Sep 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: Net Errors and Omissions (DKK mn) 22,646.400 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: 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) 21,917.000 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Assets: Portfolio Investments (DKK mn) 37,512.000 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Net Assets: Financial Derivatives (DKK mn) -7,694.000 Sep 2024 monthly Jan 2005 - Sep 2024
Balance of Payment (BoP): Financial Account (FA): Net Assets (DKK mn) 29,929.000 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Liabilities: Other Investments (DKK mn) 50,649.000 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Net Assets: Other Investments (DKK mn) 44,735.000 Sep 2024 monthly Jan 2005 - Sep 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) 28,468.000 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Assets: Reserve Assets (DKK mn) 249.000 Aug 2024 monthly Jan 2005 - Aug 2024
BoP: FA: Net Assets: Direct Investments (DKK mn) -19,774.000 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Assets (DKK mn) 92,149.000 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Liabilities (DKK mn) 62,220.000 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Assets: Financial Derivatives (DKK mn) -66,282.000 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Liabilities: Direct Investments (DKK mn) 41,691.000 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Net Assets: Portfolio Investments (DKK mn) 9,044.000 Sep 2024 monthly Jan 2005 - Sep 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: Long Term (DKK bn) 2,173.000 Jun 2024 quarterly Dec 2005 - Jun 2024
Gross External Debt (DKK bn) 3,927.000 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) 302,390.585 Sep 2024 monthly Jan 2003 - Sep 2024
Total Deposits Growth (%) 5.3 Sep 2024 monthly Jan 2004 - Sep 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: M2: M1: sa (DKK bn) 1,165.480 Aug 2017 monthly Jan 1995 - Aug 2017
Money Supply: M3: M2: M1 (DKK bn) 1,490.269 Sep 2024 monthly Jan 1991 - Sep 2024
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 (DKK bn) 682.500 Sep 2024 monthly Dec 1999 - Sep 2024
Official Reserve Assets: Foreign Currency Reserves (FC) (DKK bn) 367.000 Sep 2024 monthly Jan 2002 - 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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