Denmark | Expense (% of GDP)

Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends. 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.
Publisher
The World Bank
Origin
Kingdom of Denmark
Records
63
Source
Denmark | Expense (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 29.07857252
1973 26.8115542
1974 30.16985776
1975 31.02452972
1976 29.9757364
1977 30.45150692
1978 31.36830331
1979 32.87008433
1980 35.97945705
1981 38.04910391
1982 39.15182149
1983 39.65946177
1984 39.16264122
1985 37.47827868
1986 35.13599518
1987 34.989629
1988 36.51272038
1989 36.83722936
1990 37.00395688
1991 36.59039198
1992 37.57569567
1993 40.2883842
1994 40.70759135
1995 42.32420495
1996 40.99028407
1997 39.32941638
1998 38.97561968
1999 38.1758421
2000 36.79341075
2001 36.62547558
2002 36.63848935
2003 37.08143659
2004 36.81213189
2005 34.89984392
2006 33.22874771
2007 36.06675082
2008 36.76098033
2009 41.94240592
2010 42.2686056
2011 42.38630471
2012 43.52369493
2013 41.41376955
2014 40.91077743
2015 40.44420085
2016 38.38361541
2017 37.02215267
2018 36.80224648
2019 35.95319075
2020 39.74653246
2021 37.12164401
2022

Denmark | Expense (% of GDP)

Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends. 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.
Publisher
The World Bank
Origin
Kingdom of Denmark
Records
63
Source