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 43.0 % in Sep 2024.
  • This records a decrease from the previous number of 45.1 % for Jun 2024.
  • Denmark Tax revenue: % of GDP data is updated quarterly, averaging 46.2 % from Mar 1999 to Sep 2024, with 103 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 Sep 2024 in the chart:

Denmark Tax Revenue: % of GDP

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

Denmark Tax revenue: % of GDP was reported at 43.0 % in Sep 2024. See the table below for more data.

Last Previous Min Max Unit Frequency Range
43.0 Sep 2024 45.1 Jun 2024 40.5 Dec 2022 52.2 Mar 2021 % quarterly Mar 1999 - Sep 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 (%) 16.1 Sep 2024 quarterly Mar 2004 - Sep 2024
Armenia (%) 25.1 Mar 2023 quarterly Mar 2008 - Mar 2023
Australia (%) 29.8 Dec 2024 quarterly Sep 2002 - Dec 2024
Austria (%) 28.4 Sep 2024 quarterly Mar 2001 - Sep 2024
Azerbaijan (%) 17.5 2024 yearly 1993 - 2024
Bahrain (%) 5.3 2023 yearly 1990 - 2023
Bangladesh (%) 7.4 2024 yearly 2006 - 2024
Belarus (%) 21.7 Sep 2021 quarterly Mar 2009 - Sep 2021
Belgium (%) 29.2 2023 yearly 1980 - 2023
Bolivia (%) 18.0 2023 yearly 1990 - 2023
Bosnia and Herzegovina (%) 21.6 2023 yearly 2005 - 2023
Botswana (%) 34.2 Jun 2023 quarterly Jun 2007 - Jun 2023
Brazil (%) 16.7 Dec 2024 quarterly Sep 1994 - Dec 2024
Brunei (%) 1.8 2023 yearly 2010 - 2023
Bulgaria (%) 28.7 Dec 2024 quarterly Mar 2003 - Dec 2024
Cambodia (%) 13.5 2022 yearly 2009 - 2022
Canada (%) 13.0 Dec 2024 quarterly Mar 1996 - Dec 2024
Chile (%) 19.4 2023 yearly 1990 - 2023
China (%) 11.6 Dec 2024 quarterly Mar 1995 - Dec 2024
Colombia (%) 13.2 Dec 2024 quarterly Mar 2000 - Dec 2024
Croatia (%) 26.1 Dec 2019 quarterly Mar 2015 - Dec 2019
Cyprus (%) 28.5 Sep 2024 quarterly Mar 1995 - Sep 2024
Czech Republic (%) 18.8 Sep 2024 quarterly Mar 1995 - Sep 2024
Denmark (%) 43.0 Sep 2024 quarterly Mar 1999 - Sep 2024
Ecuador (%) 14.2 Sep 2024 quarterly Mar 2000 - Sep 2024
Egypt (%) 5.5 2023 yearly 2005 - 2023
Estonia (%) 23.3 Sep 2024 quarterly Mar 1999 - Sep 2024
European Union (%) 25.8 2023 yearly 1995 - 2023
Finland (%) 31.7 Dec 2024 quarterly Mar 1999 - Dec 2024
France (%) 16.4 Dec 2024 quarterly Mar 2006 - Dec 2024
Georgia (%) 22.7 Sep 2024 quarterly Mar 2006 - Sep 2024
Germany (%) 24.3 Dec 2024 quarterly Mar 1991 - Dec 2024
Ghana (%) 13.9 Jun 2022 quarterly Mar 2008 - Jun 2022
Greece (%) 26.5 Sep 2024 quarterly Mar 1999 - Sep 2024
Hong Kong SAR, China (%) 24.1 Dec 2024 quarterly Sep 1979 - Dec 2024
Hungary (%) 23.7 Sep 2024 quarterly Mar 1999 - Sep 2024
Iceland (%) 32.1 Sep 2024 quarterly Mar 2002 - Sep 2024
India (%) 6.8 Dec 2024 quarterly Jun 1997 - Dec 2024
Indonesia (%) 11.8 Dec 2024 quarterly Mar 2014 - Dec 2024
Iran (%) 4.2 2022 yearly 1996 - 2022
Ireland (%) 17.6 Sep 2024 quarterly Mar 2000 - Sep 2024
Israel (%) 22.7 Dec 2024 quarterly Mar 2001 - Dec 2024
Italy (%) 28.3 Sep 2024 quarterly Mar 1999 - Sep 2024
Ivory Coast (%) 13.1 2023 yearly 1960 - 2023
Japan (%) 13.3 Dec 2024 quarterly Jun 1983 - Dec 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 (%) 12.2 Dec 2024 quarterly Mar 2000 - Dec 2024
Kosovo (%) 24.8 Sep 2023 quarterly Mar 2010 - Sep 2023
Kuwait (%) 1.1 2023 yearly 1986 - 2023
Kyrgyzstan (%) 17.8 Dec 2024 quarterly Mar 2007 - Dec 2024
Laos (%) 13.0 2023 yearly 2012 - 2023
Latvia (%) 23.8 Sep 2024 quarterly Mar 1999 - Sep 2024
Lebanon (%) 10.9 2020 yearly 1998 - 2020
Lithuania (%) 19.4 Sep 2024 quarterly Mar 1999 - Sep 2024
Luxembourg (%) 29.4 2023 yearly 1995 - 2023
Macau SAR, China (%) 22.8 2023 yearly 2002 - 2023
North Macedonia (%) 17.9 Dec 2024 quarterly Mar 2004 - Dec 2024
Malawi (%) 12.8 2022 yearly 2009 - 2022
Malaysia (%) 13.2 Sep 2024 quarterly Mar 1991 - Sep 2024
Malta (%) 24.5 Sep 2024 quarterly Mar 1999 - Sep 2024
Mauritius (%) 21.9 Dec 2022 quarterly Mar 2010 - Dec 2022
Mexico (%) 13.6 Sep 2024 quarterly Mar 1993 - Sep 2024
Moldova (%) 21.0 2023 yearly 2004 - 2023
Mongolia (%) 24.3 Dec 2024 quarterly Mar 2000 - Dec 2024
Montenegro (%) 24.9 Dec 2024 quarterly Mar 2012 - Dec 2024
Morocco (%) 21.4 Sep 2024 quarterly Mar 2007 - Sep 2024
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 (%) 30.2 2023 yearly 1999 - 2023
Norway (%) 31.4 Dec 2024 quarterly Mar 2002 - Dec 2024
Oman (%) 4.6 2023 yearly 1996 - 2023
Pakistan (%) 5.7 2024 yearly 2000 - 2024
Palestinian Territory (%) 21.4 2020 yearly 2005 - 2020
Panama (%) 5.5 Sep 2024 quarterly Mar 2007 - Sep 2024
Paraguay (%) 12.1 Sep 2024 quarterly Mar 1998 - Sep 2024
Peru (%) 14.5 Dec 2024 quarterly Mar 1990 - Dec 2024
Philippines (%) 13.1 Dec 2024 quarterly Mar 1985 - Dec 2024
Poland (%) 14.8 Dec 2024 quarterly Mar 2007 - Dec 2024
Portugal (%) 21.9 Mar 2024 quarterly Mar 1999 - Mar 2024
Russia (%) 21.4 Jun 2024 quarterly Mar 1996 - Jun 2024
Serbia (%) 35.3 Dec 2024 quarterly Mar 2005 - Dec 2024
Singapore (%) 10.4 Dec 2024 quarterly Dec 1987 - Dec 2024
Slovakia (%) 14.9 Dec 2024 quarterly Mar 2005 - Dec 2024
Slovenia (%) 21.7 Dec 2024 quarterly Mar 2000 - Dec 2024
South Africa (%) 21.6 Sep 2024 quarterly Mar 1990 - Sep 2024
Spain (%) 23.6 2023 yearly 1995 - 2023
Sri Lanka (%) 13.1 Sep 2024 quarterly Mar 2014 - Sep 2024
Sudan (%) 5.6 2021 yearly 2001 - 2021
Sweden (%) 21.2 2023 yearly 1995 - 2023
Switzerland (%) 26.7 2022 yearly 1990 - 2022
Taiwan (%) 11.8 Dec 2024 quarterly Mar 1975 - Dec 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 (%) 3.5 Sep 2024 quarterly Dec 1999 - Sep 2024
Consolidated Fiscal Balance (USD mn) 3,083.691 Sep 2024 quarterly Mar 1999 - Sep 2024
Tax Revenue (USD mn) 46,725.960 Sep 2024 quarterly Mar 1999 - Sep 2024
Tax Revenue: % of GDP (%) 43.0 Sep 2024 quarterly Mar 1999 - Sep 2024
National Government Debt (USD mn) 144,478.2 Sep 2024 quarterly Mar 2000 - Sep 2024
Government Debt: % of GDP (%) 33.6 Sep 2024 quarterly Mar 2000 - Sep 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 Expenditure: Capital (DKK mn) 29,967.000 Sep 2024 quarterly Mar 1999 - Sep 2024
General Government: Overall Surplus (DKK mn) 20,936.000 Sep 2024 quarterly Mar 1999 - Sep 2024
General Government Expenditure (DKK mn) 336,001.000 Sep 2024 quarterly Mar 1999 - Sep 2024
General Government Revenue (DKK mn) 356,936.000 Sep 2024 quarterly Mar 1999 - Sep 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
Central Government Debt: Gross: Domestic (DKK bn) 579.100 Jan 2025 monthly Dec 1990 - Jan 2025
Central Government Debt: Gross (DKK bn) 601.657 Jan 2025 monthly Dec 1990 - Jan 2025
Central Government Debt: Gross: Foreign (DKK bn) 22.556 Jan 2025 monthly Dec 1990 - Jan 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.870 2029 yearly 1980 - 2029
Trade Balance (USD mn) 5,222.0 Dec 2024 monthly Jan 1997 - Dec 2024
Total Exports (USD mn) 15,976.3 Dec 2024 monthly Jan 1997 - Dec 2024
Total Exports Growth (%) 17.3 Dec 2024 monthly Jan 1998 - Dec 2024
Aluminum: Exports (USD th) 921,217.264 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 10,765,440.512 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 4,743,223.619 2023 yearly 1995 - 2023
Total Imports (USD mn) 10,754.3 Dec 2024 monthly Jan 1997 - Dec 2024
Total Imports Growth (%) 0.3 Dec 2024 monthly Jan 1998 - Dec 2024
Imports: Medicament (USD th) 3,961,183.575 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 1,632,019.274 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 868.035 Jan 2025 monthly Feb 1975 - Jan 2025
Total Imports from USA (USD mn) 897.548 Jan 2025 monthly Feb 1975 - Jan 2025
Total Exports to China (USD mn) 542.584 Jan 2025 monthly Feb 1975 - Jan 2025
Total Imports from China (USD mn) 826.924 Jan 2025 monthly Feb 1975 - Jan 2025
Natural Gas Exports: Sweden (TJ) 1,837.036 Dec 2024 monthly Jan 2002 - Dec 2024
Natural Gas Exports: Germany (TJ) 331.595 Dec 2024 monthly Jan 2002 - Dec 2024
Natural Gas Exports: Netherlands (TJ) 5,977.642 Dec 2024 monthly Jan 2002 - Dec 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -2,580.3 Dec 2024 monthly Jan 1999 - Dec 2024
Current Account Balance (USD mn) 5,296.0 Apr 2023 monthly Jan 2005 - Apr 2023
Current Account Balance: % of GDP (%) 17.5 Dec 2024 quarterly Mar 1990 - Dec 2024
Foreign Direct Investment (USD mn) -8,630.0 Dec 2024 monthly Jan 1999 - Dec 2024
Foreign Direct Investment: % of GDP (%) 4.1 Dec 2024 quarterly Mar 1999 - Dec 2024
Foreign Portfolio Investment (USD mn) 590.515 Dec 2024 quarterly Mar 1999 - Dec 2024
Foreign Portfolio Investment: % of GDP (%) 0.4 Dec 2024 quarterly Mar 1999 - Dec 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 673.5 Jun 2024 quarterly Mar 1975 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 9,659.746 Jun 2024 quarterly Mar 1975 - Jun 2024
External Debt (USD mn) 589,783.1 Sep 2024 quarterly Dec 2005 - Sep 2024
External Debt: % of GDP (%) 132.3 2023 yearly 2005 - 2023
External Debt: Short Term (USD mn) 260,282.0 Sep 2024 quarterly Mar 2005 - Sep 2024
External Debt: Short Term: % of GDP (%) 58.5 2023 yearly 2005 - 2023
Total Debt: % of GDP (%) 833.8 2023 yearly 1994 - 2023
Forecast: Current Account Balance (USD bn) 42.035 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 243,075.992 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: Current Account: Secondary Income (DKK mn) -4,888.300 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: Net Errors and Omissions (DKK mn) 25,422.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: Current Account: Primary Income (DKK mn) 9,980.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: Current Account: Goods and Services (DKK mn) 24,909.200 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: Current Account: Goods and Services: Services (DKK mn) 1,781.600 Jan 2025 monthly Jan 2005 - Jan 2025
Balance of Payments (BoP): Current Account (DKK mn) 30,001.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: Current Account: Goods and Services: Goods f.o.b (DKK mn) 23,127.700 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Assets: Portfolio Investments (DKK mn) -31,657.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Assets: Reserve Assets (DKK mn) 8.000 Jan 2025 monthly Jan 2005 - Jan 2025
Balance of Payment (BoP): Financial Account (FA): Net Assets (DKK mn) 55,648.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Liabilities: Portfolio Investments (DKK mn) -12,821.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Liabilities (DKK mn) -107,928.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Net Assets: Portfolio Investments (DKK mn) -18,836.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Assets (DKK mn) -52,280.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Net Assets: Financial Derivatives (DKK mn) 7,696.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Liabilities: Other Investments (DKK mn) -32,890.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Net Assets: Reserve Assets (DKK mn) 8.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Net Assets: Other Investments (DKK mn) 40,272.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Net Assets: Direct Investments (DKK mn) 26,508.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Assets: Direct Investments (DKK mn) 19,620.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Liabilities: Direct Investments (DKK mn) -6,888.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Assets: Financial Derivatives (DKK mn) -47,633.000 Jan 2025 monthly Jan 2005 - Jan 2025
International Investment Position (IIP): Assets (DKK mn) 11,023,977.000 Sep 2024 quarterly Mar 2005 - Sep 2024
International Investment Position (IIP): Net (DKK mn) 1,625,911.000 Sep 2024 quarterly Mar 2005 - Sep 2024
International Investment Position (IIP): Liabilities (DKK mn) 9,398,066.000 Sep 2024 quarterly Mar 2005 - Sep 2024
Gross External Debt (DKK bn) 3,945.000 Sep 2024 quarterly Dec 2005 - Sep 2024
Gross External Debt: Long Term (DKK bn) 2,204.000 Sep 2024 quarterly Dec 2005 - Sep 2024
Gross External Debt: Short Term (DKK bn) 1,741.000 Sep 2024 quarterly Mar 2005 - Sep 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 Sep 2024 quarterly Dec 2010 - Sep 2024
Household Debt: % of GDP (%) 92.2 2023 yearly 1994 - 2023
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) 79,109.1 Jan 2025 monthly Jan 2002 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 18.979 Dec 2024 quarterly Mar 2002 - Dec 2024
Foreign Exchange Reserves: Months of Import (NA) 7.6 Dec 2024 monthly Jan 2002 - Dec 2024
Gold Reserves (USD mn) 5,993.115 Jan 2025 monthly Jan 1962 - Jan 2025
Total Deposits (USD mn) 295,313.499 Jan 2025 monthly Jan 2003 - Jan 2025
Total Deposits Growth (%) 6.5 Jan 2025 monthly Jan 2004 - Jan 2025
Domestic Credit (USD mn) 720,166.3 Dec 2024 monthly Dec 2001 - Dec 2024
Domestic Credit Growth (%) -8.3 Dec 2024 monthly Dec 2002 - Dec 2024
Debt Service Ratio: Households (%) 12.500 Sep 2024 quarterly Mar 1999 - Sep 2024
Debt Service Ratio: Private Non-Financial Sector (%) 25.600 Sep 2024 quarterly Mar 1999 - Sep 2024
Credit to Households (USD bn) 376.655 Sep 2024 quarterly Dec 1994 - Sep 2024
Credit to Private Non-Financial Sector (USD bn) 937.463 Sep 2024 quarterly Sep 1953 - Sep 2024
Household Debt (USD mn) 383,590.8 2023 yearly 1994 - 2023
Total Loans (USD mn) 114,741.920 Jan 2025 monthly Oct 2013 - Jan 2025
Total Loans Growth (%) 5.32 Jan 2025 monthly Oct 2014 - Jan 2025
Private Debt: % of Nominal GDP (%) 27.76 Dec 2024 quarterly Dec 2013 - Dec 2024
Money Supply: M3: M2 (DKK bn) 1,825.743 Jan 2025 monthly Jan 1991 - Jan 2025
Money Supply: M2: M1: sa (DKK bn) 1,165.480 Aug 2017 monthly Jan 1995 - Aug 2017
Money Supply: M3: M2: M1 (DKK bn) 1,549.223 Jan 2025 monthly Jan 1991 - Jan 2025
Money Supply: M2: sa (DKK bn) 1,272.968 Aug 2017 monthly Jan 1995 - Aug 2017
Money Supply: M3 (DKK bn) 2,011.174 Jan 2025 monthly Jan 1991 - Jan 2025
Official Reserve Assets: Foreign Currency Reserves (FC) (DKK bn) 356.800 Jan 2025 monthly Jan 2002 - Jan 2025
Official Reserve Assets (DKK bn) 689.900 Jan 2025 monthly Dec 1999 - Jan 2025
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
Banks Loans: Outstanding: Financial Corporations (DKK mn) 531,022.700 Jan 2025 monthly Oct 2013 - Jan 2025
Banks Loans: Outstanding: Total (DKK mn) 1,372,583.400 Jan 2025 monthly Oct 2013 - Jan 2025
Banks Loans: Outstanding: Households (DKK mn) 446,423.800 Dec 2024 monthly Oct 2013 - Dec 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 8.5 Feb 2025 monthly Jan 1986 - Feb 2025
Business Sentiment Indicator: Retail Trade (1998-2024=100) 102.400 Feb 2025 monthly Jan 1998 - Feb 2025
Business Sentiment Indicator: Industry (1998-2024=100) 107.300 Feb 2025 monthly Jan 1998 - Feb 2025
Business Sentiment Indicator: Construction (1998-2024=100) 102.000 Feb 2025 monthly Jan 1998 - Feb 2025
Business Sentiment Indicator: Service Sector (1998-2024=100) 107.100 Feb 2025 monthly Apr 2000 - Feb 2025

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