Current account of the balance of payments
How much is Denmark's balance of payments surplus? And how is the surplus on items such as goods, services, income and transfers? The current account of the balance of payments covers all the economic transactions Denmark has with other countries, and it shows the relationship between imports and exports.
Explainer on…
Time series assessed on a monthly or quarterly basis are often affected by phenomena that appear at the same time every year. The time series are said to be subject to seasonal effects. When making a seasonal adjustment, you try to remove seasonal effects from the time series.
Selected statistics on Current account of the balance of payments
Balance of payments surplus
The statistics are prepared on the basis of the foreign trade statistics, cf. External trade in goods and International trade in services, and furthermore financial statistics of Danmarks Nationalbank (the Danish central bank) and information from public authorities, cf. General Government Finances. Supplementary information from other statistics is used, and supplementary information is collected with the International trade in services. Some of the sources are used as they stand while others are used as indicators of development.
Development in the items' contribution to the balance of payments
The statistics are prepared on the basis of the foreign trade statistics, cf. External trade in goods and International trade in services, and furthermore financial statistics of Danmarks Nationalbank (the Danish central bank) and information from public authorities, cf. General Government Finances. Supplementary information from other statistics is used, and supplementary information is collected with the International trade in services. Some of the sources are used as they stand while others are used as indicators of development.
The items' contribution to the balance of payments, latest month
The statistics are prepared on the basis of the foreign trade statistics, cf. External trade in goods and International trade in services, and furthermore financial statistics of Danmarks Nationalbank (the Danish central bank) and information from public authorities, cf. General Government Finances. Supplementary information from other statistics is used, and supplementary information is collected with the International trade in services. Some of the sources are used as they stand while others are used as indicators of development.
On the statistics – documentation, sources and method
See the documentation of statistics to learn more:
The balance of payments describes the economic movements between Denmark and the rest of the world. The balance of payments for Denmark has been compiled since 1934. Today the main emphasis is placed upon income and expenditures in relation to foreign countries. Originally the most important item was the foreign debt, which is compiled as part of the International Investment Position (IIP) - Denmark's external assets and liabilities. Since 1991 the IIP has been compiled by Danmarks Nationalbank. The balance of payments statistics are compiled in cooperation between Danmarks Nationalbank and Statistics Denmark, the latter being responsible for publishing the consolidated statistics.