Denmark Broad Money Growth

Annual growth of broad money (M2/M3 equivalent).

Broad Money Growth in Denmark decreased to 1.45 percent in 2024 from 4.81 percent in 2023.

1.5%
▼ −3.4 pp2024 · previous 4.8%Annual · percent · Source: World Bank — World Development Indicators

Denmark Broad Money Growth — History

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Denmark Broad Money Growth — analysis in simple words

Latest reading

Broad Money Growth in Denmark decreased to 1.45 percent in 2024 from 4.81 percent in 2023.

Over the last three years it rose once and fell twice.

Recent trend

A year earlier (2023) it was 4.8%, so the latest figure is 3.4 percentage points lower.

Over the past five years the average was 5.0%, with a range from -1.0% to 9.8%. The latest value is below that five-year average.

Historical context

This data series starts in 1961 and has 64 annual observations. The latest reading is higher than 16% of all of them.

The highest value on record is 27.8% (1983) and the lowest is -10.0% (1994). The long-run average is 7.5%.

Compared with other countries

Among 150 economies with recent data, Denmark ranks 139th from the top. The median across all these economies is 9.6%, so Denmark is below the typical country.

Within Europe & Central Asia (28 economies with data) it ranks 27th; the regional median is 10.0%.

Statistics

Latest
1.5%2024
Previous
4.8%
5-year average
5.0%
Long-run average
7.5%since 1961
All-time high
27.8%1983
All-time low
-10.0%1994
Observations
64Annual

Recent Data

PeriodValueChange
20241.5%▼ −3.4 pp
20234.8%▼ −5.0 pp
20229.8%▲ +10.9 pp
2021-1.0%▼ −10.9 pp
20209.8%▲ +4.0 pp
20195.8%▲ +4.3 pp
20181.5%▼ −3.7 pp
20175.2%▲ +12.4 pp
2016-7.2%▼ −17.1 pp
20159.9%▼ −4.2 pp
201414.1%▲ +23.5 pp
2013-9.4%▼ −11.4 pp
20122.0%▲ +8.0 pp
2011-5.9%▼ −13.8 pp
20107.9%▲ +3.3 pp
20094.5%▼ −2.5 pp
20087.0%▼ −10.2 pp
200717.2%▲ +5.7 pp
200611.5%▼ −2.9 pp
200514.4%▲ +11.7 pp
20042.7%▲ +4.9 pp
2003-2.2%▼ −6.4 pp
20024.2%▲ +0.7 pp
20013.6%▲ +8.7 pp
2000-5.2%▼ −4.3 pp
1999-0.9%▼ −4.2 pp
19983.3%▼ −3.5 pp
19976.8%▼ −1.3 pp
19968.1%▲ +1.9 pp
19956.2%

Broad Money Growth — Denmark vs Peers

Latest available reading for each economy (periods may differ). Denmark highlighted.

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More Denmark indicators

Understanding Broad Money Growth — a simple guide

What it measures

The annual growth rate of broad money (currency plus deposits, roughly M2/M3).

How it is calculated

Yearly % change in broad money — cash plus bank deposits.

Simple example

Growth of 10% means money in the economy rose by a tenth in a year.

▲ When it is high or rising

Fast money growth reflects strong credit creation and liquidity.

▼ When it is low or falling

Slow money growth points to tighter liquidity.

Why it matters for the economy and markets

Money growth reflects credit creation and liquidity conditions in the economy.

How to read it

Very fast money growth relative to GDP can precede inflation, but the link is loose in modern economies.

Data source

World Bank — World Development Indicators (series FM.LBL.BMNY.ZG), annual data from 1961 to 2024. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current broad money growth of Denmark?
Denmark broad money growth was 1.5% in 2024, compared with 4.8% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest broad money growth of Denmark?
Since 1961, the highest reading was 27.8% (1983) and the lowest was -10.0% (1994).
What does broad money growth measure?
The annual growth rate of broad money (currency plus deposits, roughly M2/M3).

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.