Denmark - Outstanding Public Debt





Denmark: Outstanding Public Debt

Mnemonic GDBT.IDNK
Unit Bil. DKK, NSA
Adjustments Not Seasonally Adjusted
Monthly 1.82 %
Data Jul 2019 650.94
Jun 2019 639.32

Series Information

Source Danmarks Nationalbank
Release Central Government Operations and Debt
Frequency Monthly
Start Date 12/31/1990
End Date 7/31/2019

Denmark: Government

Reference Last Previous Units Frequency
Outstanding Public Debt Jul 2019 650.94 639.32 Bil. DKK, NSA Monthly
Outstanding Public Debt - Domestic Jul 2019 650.21 638.5 Bil. DKK, NSA Monthly
Outstanding Public Debt - Foreign Jul 2019 0.72 0.82 Bil. DKK, NSA Monthly
Government Budget Balance 2019 Q1 7,171 -1,510 Mil. DKK, NSA Quarterly
Government Expenditures 2019 Q1 287,012 293,634 Mil. DKK, NSA Quarterly
Government Revenues 2019 Q1 294,183 292,123 Mil. DKK, NSA Quarterly
Gross External Debt 2019 Q1 0 0 USD, NSA Quarterly

Release Information

Danmarks Nationalbank publishes monthly statistics for the central-government financing requirement and debt.

The statistics present a compilation of the central government’s net and gross financing requirements, central-government receipts and disbursements, and how the net financing requirement is met. A compilation of the central-government debt broken down by interest terms, maturity and currency is also included.

The source writes:

The basis of the movement in the central government's account with Danmarks Nationalbank, in accordance with Danmarks Nationalbank's balance sheet, as well as details of the central government's borrowing from Danmarks Nationalbank, Banking and Markets are used to calculate the central government financing requirement. Redemptions on domestic debt include net bond purchases by the Social Pension Fund, the High-Technology Foundation, the Financing Fund for increased distributions from the Danish National Research Foundation and the Preventive Measures Fund.

Changes in the debt profile caused by interest-rate swaps as well as currency swaps are included in the compilation.

Statistical concepts and definitions

Gross domestic debt is compiled as the nominal value of the circulating volume of government bonds, Treasury notes, Treasury bills and premium bonds.

Net debt: The difference between the gross and net debt comprises the central government's holdings of own bonds, the bond portfolios of the Social Pension Fund, the High-Technology Foundation, the Financing Fund for increased distributions from the Danish National Research Foundation and the Preventive Measures Fund as well as the central government's account with Danmarks Nationalbank.

The central government's gross foreign debt is likewise compiled at nominal value. Loans denominated in foreign currencies are converted to Danish kroner on the basis of the exchange rates at the close of the previous year, while the conversion for December and the identical annual statistics is made on the basis of the exchange rates at the close of the year of compilation.

The central government's account with Danmarks Nationalbank: Compiled in accordance with Danmarks Nationalbank's balance and accounts. The data deviates from Danmarks Nationalbank where the balance of the central government's account with Danmarks Nationalbank is compiled in accordance with the central government's accounts. For example, the difference can be attributed to the differing accrual principles applied in the two accounts.

Only final figures are published.