Denmark Government Debt and Interest Costs

All the Scandinavian countries have very low debt. The following chart shows the government debt of Denmark:

As the chart shows, in recent years the Danish government debt has fallen significantly From DKK 600 billion in 1997 it fell to DKK 195 billion in 2008.This corresponds to 53% of GDP to 11% of GDP.

On the interest costs side, from DKK 43.5 billion in 1997 it has fellen to DKK 11.6 billion in 2008.This corresponds to a decline of 3.9% of GDP to 0.7% of GDP.

Source: Denmark National Bank

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