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EMU debt and EMU balance

Does the Danish EMU balance show a surplus or a deficit? How big is the Danish EMU debt? And how are Danish government finances developing compared with those of the other EU member countries? EMU balance and EMU debt are calculated as part of the Excessive Deficit Procedure (EDP). The European Commission uses these statistics to monitor the development in government finances as well as to check up on compliance with the convergence criteria.

Explainer on…

The value of a country's annual production produced in the country's workplaces. There are three ways to calculate GDP:

  • Gross domestic product (GDP) at market prices is calculated from the production side by subtracting the total value of intermediate consumption in purchaser's prices.
  • GDP can also be calculated from the use side as the sum of all final uses in purchaser's prices minus imports of goods and services.
  • Finally, GDP can be calculated from the income side as compensation of employees plus gross operating surplus and mixed income plus taxes less subsidies on production.

Prices or price level that applies to goods and services in the current period. The opposite of current prices is fixed prices.

Selected statistics on EMU debt and EMU balance

This page shows selected popular statistics on the subject of EMU debt and EMU balance. In Statbank Denmark, you can find more data and compile your own statistics.

Development in Denmark's EMU balance

Here you can see how Denmark’s EMU balance has developed in recent years. The EMU balance is defined as surplus/deficit on the general government budget and is stated in per cent of GDP. 
More about the figure
Last update
26.10.2023
Next update
30.4.2024
Source data

Main sources are balance sheets and income statements from the central government, regions and municipalities and social security funds. Other sources used are for example Danmarks Nationalbank. GDB for the present year are received from Økonomisk Redegørelse.

The information about the EU-countries is from New Cronos, which is Eurostats’ databank.

Development in Denmark's EMU debt

Here you can see how Denmark’s EMU debt has developed in recent years. The EMU debt is defined as general government gross debt at nominal value and stated in per cent of GDP.
More about the figure
Last update
26.10.2023
Next update
30.4.2024
Source data

Main sources are balance sheets and income statements from the central government, regions and municipalities and social security funds. Other sources used are for example Danmarks Nationalbank. GDB for the present year are received from Økonomisk Redegørelse.

The information about the EU-countries is from New Cronos, which is Eurostats’ databank.

Comparison of the EMU balance across EU member countries

Here you can see Denmark’s EMU balance in relation to that of the other EU member countries at the latest EDP notification.
More about the figure
Last update
26.10.2023
Next update
30.4.2024
Source data

Main sources are balance sheets and income statements from the central government, regions and municipalities and social security funds. Other sources used are for example Danmarks Nationalbank. GDB for the present year are received from Økonomisk Redegørelse.

The information about the EU-countries is from New Cronos, which is Eurostats’ databank.

Comparison of EMU debt across EU member countries

Here you can see Denmark’s EMU debt in relation to that of the other EU member countries at the latest EDP notification. 
More about the figure
Last update
26.10.2023
Next update
30.4.2024
Source data

Main sources are balance sheets and income statements from the central government, regions and municipalities and social security funds. Other sources used are for example Danmarks Nationalbank. GDB for the present year are received from Økonomisk Redegørelse.

The information about the EU-countries is from New Cronos, which is Eurostats’ databank.

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Public sector economy in the EU
Read more about the EDP notifications of the individual EU member countries and government finances in general at Eurostat.
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Public sector economy
Read about the development in public spending and the distribution of public expenditure by function, etc.

EMU balance and EMU debt in the individual EU member countries

Here you can see the EMU balance and EMU debt in per cent of GDP for the individual EU member countries (use ‘function’ under 'Filters' to toggle between balance and debt). 
More about the figure
Last update
26.10.2023
Next update
30.4.2024
Source data

Main sources are balance sheets and income statements from the central government, regions and municipalities and social security funds. Other sources used are for example Danmarks Nationalbank. GDB for the present year are received from Økonomisk Redegørelse.

The information about the EU-countries is from New Cronos, which is Eurostats’ databank.

Denmark's EMU balance and EMU debt

Here you can see how Denmark’s EMU balance and EMU debt in current prices have developed in recent years according to the EDP notification. 
More about the figure
Last update
26.10.2023
Next update
30.4.2024
Source data

Main sources are balance sheets and income statements from the central government, regions and municipalities and social security funds. Other sources used are for example Danmarks Nationalbank. GDB for the present year are received from Økonomisk Redegørelse.

The information about the EU-countries is from New Cronos, which is Eurostats’ databank.

On the statistics – documentation, sources and method

Gain an overview of the purpose, contents and quality of the statistics. Learn about the data sources of the statistics, the contents of the statistics and how often they are published.

See the documentation of statistics to learn more:

Financial accounts for general government

The purpose of the quarterly financial accounts for general government is to present a detailed picture of the holdings, transactions (buying and selling), other changes in volume and revaluations of financial assets/liabilities by financial instruments.

To ensure international comparability the statistics comply with the European System of Accounts - ESA 2010.

The annual financial accounts for general government has been published since 2001 while the quarterly financial accounts has been published since June 2002. The statistics is available from Q1 1995 and onwards.

Government deficit and debt in the EU-countries

EMU-debt and EMU-deficit (Government deficit and debt) is the statistical data required for the excessive deficit procedure (EDP) in the Economic and Monetary Union in according to the Maastricht Treaty and Stability- and Growth Pact. The EU-Commission uses the statistics to monitor and examine the development of the budgetary situation and government debt in Denmark in accordance with the Maastricht Treaty convergence criteria. The Compilations are based on the European System of Accounts (ESA2010). However, on some points they differ from ESA2010, e.g. on the valuation of debt, which is at nominal value.

EDP notification

The procedure regarding excessive deficits (Excessive Deficit Procedure)
Publication of Denmark's EMU report

This page contains the complete Danish EMU report to the EU Commission of EMU balance and EMU debt. The publication takes place in connection with Statistics Denmark's two annual reports before April 1st and October 1st.

The "EDP consolidated inventory of sources and methods" is also published. This is a description of the sources and methods used in the EMU reports.

Need more data on EMU debt and EMU balance?

You can go on searching on your own in Statbank Denmark. Find detailed figures, e.g. on how the EMU balance and EMU debt of the individual EU member countries have developed over time. 

Contact

Jesper Lillebro Feddersen
Phone: +45 39 17 35 69