Insurance and financial services (% of commercial service exports) in Denmark
Denmark: Insurance and financial services (% of commercial service exports) was 2.1% in 2025. ▼ Falling
Insurance and financial services in Denmark, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
The most recent figure for insurance and financial services in Denmark is 2.1%, measured in 2025.
Compared with earlier readings it is down 8.1% on the previous year and up 38.9% over ten years.
Over the whole period, insurance and financial services in Denmark peaked at 3.3% in 1983 and was at its lowest, 1.1%, in 2022.
That places Denmark 112th out of 190 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 36 years of available data.
Insurance and financial services (% of commercial service exports) in Denmark, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1975 | 2.5% | — |
| 1976 | 2.6% | +5.2% |
| 1977 | 2.8% | +8.4% |
| 1978 | 2.7% | -4.1% |
| 1981 | 2.7% | +1.0% |
| 1982 | 3.1% | +12.2% |
| 1983 | 3.3% | +5.9% |
| 1984 | 2.9% | -12.2% |
| 1985 | 2.8% | -1.8% |
| 1986 | 2.5% | -9.3% |
| 1987 | 2.2% | -11.7% |
| 1988 | 2.3% | +3.1% |
| 1989 | 2.7% | +14.6% |
| 1990 | 2.3% | -13.5% |
| 1991 | 2.3% | -0.6% |
| 2005 | 1.3% | -42.2% |
| 2006 | 1.3% | +0.7% |
| 2007 | 1.7% | +25.1% |
| 2008 | 2.1% | +24.2% |
| 2009 | 2.7% | +29.8% |
| 2010 | 2.3% | -13.6% |
| 2011 | 2.1% | -9.9% |
| 2012 | 1.7% | -17.0% |
| 2013 | 1.7% | -3.7% |
| 2014 | 1.6% | -6.1% |
| 2015 | 1.5% | -4.2% |
| 2016 | 1.6% | +8.3% |
| 2017 | 1.4% | -13.7% |
| 2018 | 1.2% | -14.1% |
| 2019 | 1.3% | +11.1% |
| 2020 | 1.7% | +30.2% |
| 2021 | 1.8% | +3.9% |
| 2022 | 1.1% | -39.5% |
| 2023 | 1.8% | +64.0% |
| 2024 | 2.3% | +26.2% |
| 2025 | 2.1% | -8.1% |
Denmark compared with similar countries
- Denmark's 2.1% is below the median for high income countries, which is 5.2%, 40% of the median. (69 countries reporting)
- Denmark's 2.1% is below the median for Europe & Central Asia, which is 3.5%, 59% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.7% | 2.5% | 2.8% | 4 |
| 1980s | 2.7% | 2.2% | 3.3% | 9 |
| 1990s | 2.3% | 2.3% | 2.3% | 2 |
| 2000s | 1.8% | 1.3% | 2.7% | 5 |
| 2010s | 1.6% | 1.2% | 2.3% | 10 |
| 2020s | 1.8% | 1.1% | 2.3% | 6 |
Countries ranked near Denmark
More private sector data for Denmark
- Merchandise trade 61.5% (2025)
- Food imports 13.6% (2025)
- Manufactures imports 75.8% (2025)
- Merchandise imports 136.23 billion current US$ (2025)
- Commercial service imports 129.66 billion current US$ (2025)
- Food exports 17.1% (2025)
- Manufactures exports 73.8% (2025)
- Merchandise exports 148.38 billion current US$ (2025)
- Commercial service exports 131.44 billion current US$ (2025)
- Merchandise exports (current US$), per capita 24,692 current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in Denmark?
- Insurance and financial services in Denmark was 2.1% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Denmark?
- The highest recorded value was 3.3% in 1983.
- What is the lowest insurance and financial services recorded in Denmark?
- The lowest recorded value was 1.1% in 2022.
- How does Denmark rank for insurance and financial services?
- Denmark ranks 112th out of 190 countries with data for 2025.
- Is insurance and financial services rising or falling in Denmark?
- Over the last ten years it is up 38.9%. The long-run trend across the full record is falling.
- Where does this Denmark data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of commercial service exports). Statizoid updates them automatically from the source API.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.