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MacroDenmark

Government debt in Denmark

How indebted is the state my taxes would go to?

Denmark's government debt is 27.40 % — #16 of 125 countries on the atlas (lower is better). Period 2025.

27.40%

Checked 24 Oct 2026Period 2025

Source: IMF World Economic Outlook (general government gross debt, % of GDP)

The central government owes about 0.3 years' worth of the country's entire economic output.

Government debt in Denmark over time

78.70 %53.05 %27.40 %78.70 % · 19931992: 66.70 %1993: 78.70 %1994: 75.30 %1995: 71.50 %1996: 68.30 %1997: 64.40 %1998: 60.30 %1999: 56.80 %2000: 53.60 %2001: 50.10 %2002: 50.30 %2003: 48.20 %2004: 46.20 %2005: 39.40 %2006: 33.20 %2007: 29.50 %2008: 35.50 %2009: 43.00 %2010: 46.10 %2011: 50.00 %2012: 48.70 %2013: 47.80 %2014: 48.70 %2015: 44.60 %2016: 41.70 %2017: 40.20 %2018: 38.50 %2019: 38.30 %2020: 45.20 %2021: 39.60 %2022: 33.30 %2023: 33.00 %2024: 29.90 %2025: 27.40 %19922009202527.40 %
34 official observations, 1992 → 2025. Every point is a published value — never interpolated.
Rank
#16 of 125
lower is better
Ranked behind
87 %
109 of 125 countries
Latest move
▼ 2.50 pp
since 2024
Below its peak
51.30 pp
peak 78.70 % in 1993
Full series
▼ 39.30 pp
since 1992

In Europe: #4 of 37vs median 54.70 %: −27.30 pp (better)

Among 125 countries

6 of 125 countries between 12.30 % and 17.90 %2 of 125 countries between 17.90 % and 23.49 %10 of 125 countries between 23.49 % and 29.09 %11 of 125 countries between 29.09 % and 34.68 %8 of 125 countries between 34.68 % and 40.28 %9 of 125 countries between 40.28 % and 45.88 %7 of 125 countries between 45.88 % and 51.47 %13 of 125 countries between 51.47 % and 57.07 %8 of 125 countries between 57.07 % and 62.66 %10 of 125 countries between 62.66 % and 68.26 %4 of 125 countries between 68.26 % and 73.85 %3 of 125 countries between 73.85 % and 79.45 %7 of 125 countries between 79.45 % and 85.05 %6 of 125 countries between 85.05 % and 90.64 %2 of 125 countries between 90.64 % and 96.24 %6 of 125 countries between 96.24 % and 101.83 %2 of 125 countries between 101.83 % and 107.43 %1 of 125 countries between 107.43 % and 113.02 %2 of 125 countries between 113.02 % and 118.62 %1 of 125 countries between 124.22 % and 129.81 %2 of 125 countries between 135.41 % and 141.00 %5 of 125 countries between 141.00 % and 146.60 %median 54.70 %Denmark: ahead of 87 % of the 125 countries with a published government debtDenmark 27.40 %12.30 %146.60 %
Half of all 125 countries sit between 36.10 % and 81.70 %. Denmark is ahead of 87 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGovernment debtvs Denmark
14 Luxembourg26.50 %−0.90 pp
15 Guatemala26.70 %−0.70 pp
16 Denmark27.40 %—
17 Bosnia and Herzegovina28.80 %+1.40 pp
18 Guyana28.90 %+1.50 pp

General government gross debt as a share of GDP (IMF World Economic Outlook, annual).

How to read this figure

Central government debt as a share of GDP (World Bank). General government debt (including local government and social funds) can be meaningfully higher; comparisons across countries are indicative.

Next, about Denmark

Debt per personGDP growthInflation rate
Government debt, all countries ranked →Compare Denmark with another country →Everything about Denmark →
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