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MacroDenmark

Government debt in Denmark

How indebted is the state my taxes would go to?

Denmark's government debt is 27.50 % — #17 of 124 countries on the atlas (lower is better). Period 2025.

27.50%

Checked 8 Sept 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 %53.10 %27.50 %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: 30.50 %2025: 27.50 %19922009202527.50 %
34 official observations, 1992 → 2025. Every point is a published value — never interpolated.
Rank
#17 of 124
lower is better
Ranked behind
86 %
107 of 124 countries
Latest move
▼ 3.00 pp
since 2024
Below its peak
51.20 pp
peak 78.70 % in 1993
Full series
▼ 39.20 pp
since 1992

In Europe: #5 of 37vs median 54.55 %: −27.05 pp (better)

Among 124 countries

5 of 124 countries between 12.30 % and 17.86 %4 of 124 countries between 17.86 % and 23.42 %9 of 124 countries between 23.42 % and 28.97 %9 of 124 countries between 28.97 % and 34.53 %9 of 124 countries between 34.53 % and 40.09 %11 of 124 countries between 40.09 % and 45.65 %8 of 124 countries between 45.65 % and 51.21 %11 of 124 countries between 51.21 % and 56.77 %8 of 124 countries between 56.77 % and 62.32 %7 of 124 countries between 62.32 % and 67.88 %6 of 124 countries between 67.88 % and 73.44 %5 of 124 countries between 73.44 % and 79.00 %6 of 124 countries between 79.00 % and 84.56 %7 of 124 countries between 84.56 % and 90.12 %2 of 124 countries between 90.12 % and 95.67 %3 of 124 countries between 95.67 % and 101.23 %4 of 124 countries between 101.23 % and 106.79 %1 of 124 countries between 106.79 % and 112.35 %2 of 124 countries between 112.35 % and 117.91 %1 of 124 countries between 123.47 % and 129.02 %2 of 124 countries between 134.58 % and 140.14 %4 of 124 countries between 140.14 % and 145.70 %median 54.40 %Denmark: ahead of 86 % of the 124 countries with a published government debtDenmark 27.50 %12.30 %145.70 %
Half of all 124 countries sit between 36.00 % and 80.30 %. Denmark is ahead of 86 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGovernment debtvs Denmark
15 Bulgaria27.10 %−0.40 pp
16 Guatemala27.20 %−0.30 pp
17 Denmark27.50 %—
18 Guyana28.60 %+1.10 pp
19 Bosnia and Herzegovina29.90 %+2.40 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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