Danish Government Borrowing and Debt 2008
In 2008, the government surplus was DKK 52 billion, corresponding to 3 per cent of GDP. As a result of the surplus, the central-government debt was reduced to DKK 195 billion, corresponding to 11 per cent of GDP or around DKK 35,000 per capita. In 2008, the interest costs on the central-government debt totalled DKK 11.6 billion, equivalent to 0.7 per cent of GDP. Due to its low government debt, Denmark is in a favourable position compared with other countries.