Statistical news focuses on the latest figures and trends in Danmarks Nationalbank’s statistics. Statistical news is targeted at people who want quick insight into current financial data.
Falling interest rates increase Danes’ net interest expenses
In 2025, the average interest rate on private customers’ bank deposits fell by more than twice as much as the interest rate (including mortgage administration fees) on their bank and mortgage loans. The decreases were 0.69 and 0.31 percentage points, respectively. This has led to an increase in Danes’ net interest expenses—that is, how much they pay in interest on their loans minus the interest they earn on their deposits. Danish private customers thus paid kr. 65.4 billion in net interest expenses last year, kr. 1.8 billion more than in 2024. The decline in deposit rates partly reflects that private customers in 2025 reduced their fixed-term deposits, which typically carry higher interest rates than ordinary, non‑binding deposit accounts. The rising net interest expenses also reflect that their debt increased slightly more than their deposits.
Danes paid kr. 65.4 billion in net interest expenses in 2025
Note:
The figure shows the total accrued interest on Danish private customers’ (sector 1430) deposits, bank loans, and mortgage loans, as well as their total net interest expenses before tax, distributed by year. Chart data.