Denmark - Interest payments (current LCU)

The value for Interest payments (current LCU) in Denmark was 15,975,000,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 58,626,000,000 in 1996 and a minimum value of 670,000,000 in 1972.

Definition: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 670,000,000
1973 804,000,000
1974 939,000,000
1975 1,176,000,000
1976 1,711,000,000
1977 3,118,000,000
1978 3,961,000,000
1979 8,013,000,000
1980 10,057,000,000
1981 15,581,000,000
1982 21,520,000,000
1983 29,154,000,000
1984 41,531,000,000
1985 47,869,000,000
1986 46,338,000,000
1987 46,551,000,000
1988 46,360,000,000
1989 46,688,000,000
1990 49,312,000,000
1991 49,491,000,000
1992 46,229,000,000
1993 52,838,000,000
1994 54,767,000,000
1995 57,610,000,000
1996 58,626,000,000
1997 55,260,000,000
1998 51,394,000,000
1999 49,287,000,000
2000 47,550,000,000
2001 44,430,000,000
2002 41,840,000,000
2003 38,043,000,000
2004 35,936,000,000
2005 30,443,000,000
2006 27,520,000,000
2007 25,248,000,000
2008 22,172,000,000
2009 29,657,000,000
2010 31,637,000,000
2011 33,328,000,000
2012 31,364,000,000
2013 30,187,000,000
2014 27,282,000,000
2015 30,072,000,000
2016 26,738,000,000
2017 16,097,000,000
2018 16,839,000,000
2019 15,975,000,000

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance