Share of government expenditure going to interest payments in Denmark

Denmark: Share of government expenditure going to interest payments was 1.39 in 2023. ◆ Volatile

Latest (2023)
1.39
Change on year
down 22.7%
World rank
134th
of 152 countries
All-time high
19.24
in 1985
All-time low
1.12
in 2021
Years of data
52
1972–2023

Share of government expenditure going to interest payments in Denmark, 1972–2023

05101520197219972023

Source: Our World in Data.

Analysis

Denmark recorded 1.39 for share of government expenditure going to interest payments in 2023.

The figure is down 22.7% on the previous year and down 59.0% over ten years.

Over the whole period, share of government expenditure going to interest payments in Denmark peaked at 19.24 in 1985 and was at its lowest, 1.12, in 2021.

Denmark ranks 134th of 152 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Share of government expenditure going to interest payments in Denmark, year by year

Annual values for Share of government expenditure going to interest payments in Denmark, 1972 to 2023.
Year Value Change
1972 1.43
1973 1.61 +13.0%
1974 1.49 -7.3%
1975 1.63 +9.0%
1976 2.12 +30.0%
1977 3.43 +61.7%
1978 3.79 +10.7%
1979 6.59 +73.6%
1980 6.97 +5.9%
1981 9.29 +33.2%
1982 10.92 +17.5%
1983 13.25 +21.4%
1984 17.32 +30.7%
1985 19.24 +11.0%
1986 18.51 -3.8%
1987 17.78 -3.9%
1988 16.32 -8.2%
1989 15.42 -5.5%
1990 15.58 +1.0%
1991 15.19 -2.5%
1992 13.33 -12.2%
1993 14.13 +6.0%
1994 13.54 -4.1%
1995 13.3 -1.8%
1996 13.22 -0.6%
1997 12.36 -6.5%
1998 11.21 -9.3%
1999 10.4 -7.2%
2000 9.79 -5.9%
2001 8.35 -14.7%
2002 7.62 -8.8%
2003 6.79 -10.8%
2004 6.05 -11.0%
2005 4.9 -18.9%
2006 4.26 -13.1%
2007 3.46 -18.7%
2008 2.87 -17.1%
2009 3.62 +26.1%
2010 3.71 +2.5%
2011 3.71 -0.0%
2012 3.29 -11.4%
2013 3.39 +3.2%
2014 2.97 -12.6%
2015 2.93 -1.1%
2016 2.61 -11.1%
2017 1.9 -27.0%
2018 2 +5.1%
2019 1.85 -7.3%
2020 1.13 -39.0%
2021 1.12 -1.2%
2022 1.8 +61.2%
2023 1.39 -22.7%

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.76 1.43 6.59 8
1980s 14.5 6.97 19.24 10
1990s 13.22 10.4 15.58 10
2000s 5.77 2.87 9.79 10
2010s 2.84 1.85 3.71 10
2020s 1.36 1.12 1.8 4

Countries ranked near Denmark

  1. 131 Netherlands 1.59 compare
  2. 132 Norway 1.56 compare
  3. 133 Lithuania 1.45 compare
  4. 135 Sweden 1.37 compare
  5. 136 Germany 1.36 compare
  6. 137 Bulgaria 1.3 compare

See the full ranking of 152 places →

More reference data data for Denmark

All data for Denmark →

Frequently asked questions

What is share of government expenditure going to interest payments in Denmark?
Share of government expenditure going to interest payments in Denmark was 1.39 in 2023, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Denmark?
The highest recorded value was 19.24 in 1985.
What is the lowest share of government expenditure going to interest payments recorded in Denmark?
The lowest recorded value was 1.12 in 2021.
How does Denmark rank for share of government expenditure going to interest payments?
Denmark ranks 134th out of 152 countries with data for 2023.
Is share of government expenditure going to interest payments rising or falling in Denmark?
Over the last ten years it is down 59.0%. The long-run trend across the full record is volatile.
Where does this Denmark data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Denmark. Statizoid, drawing on Our World in Data. Retrieved 22 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/denmark/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed