Denmark - Trade in services (% of GDP)

Trade in services (% of GDP) in Denmark was 41.67 as of 2020. Its highest value over the past 45 years was 46.04 in 2019, while its lowest value was 13.30 in 1975.

Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1975 13.30
1976 13.61
1977 14.20
1978 13.88
1979 13.63
1980 14.56
1981 16.99
1982 16.47
1983 15.88
1984 15.82
1985 16.41
1986 14.12
1987 13.85
1988 15.62
1989 16.20
1990 16.67
1991 17.73
1992 16.23
1993 16.08
1994 16.48
1995 15.86
1996 16.67
1997 16.00
1998 17.51
1999 21.57
2000 27.28
2001 28.68
2002 28.53
2003 27.48
2004 27.73
2005 31.11
2006 35.50
2007 37.55
2008 39.80
2009 35.10
2010 36.25
2011 37.67
2012 39.53
2013 39.47
2014 39.15
2015 40.52
2016 39.29
2017 40.75
2018 43.69
2019 46.04
2020 41.67

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments