Denmark | Goods and services expense (current LCU)

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. 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 | Goods and services expense (current LCU)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 6551000000
1973 5279000000
1974 6505000000
1975 7335000000
1976 7538000000
1977 8087000000
1978 9025000000
1979 9782000000
1980 11812000000
1981 13337000000
1982 15358000000
1983 16898000000
1984 17972000000
1985 19238000000
1986 19725000000
1987 22069000000
1988 23587000000
1989 24476000000
1990 26524000000
1991 27337000000
1992 30365000000
1993 32195000000
1994 33495000000
1995 28086000000
1996 29242000000
1997 28842000000
1998 30426000000
1999 33694000000
2000 36937000000
2001 39830000000
2002 40924000000
2003 39360000000
2004 42243000000
2005 44138000000
2006 47555000000
2007 47474000000
2008 54245000000
2009 58510000000
2010 59944000000
2011 61630000000
2012 64139000000
2013 63269000000
2014 64183000000
2015 63776000000
2016 63345000000
2017 65808000000
2018 68244000000
2019 69406000000
2020 71062000000
2021 77072000000
2022

Denmark | Goods and services expense (current LCU)

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. 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