From foreign debt to large wealth in ten years
Since the financial crisis ten years ago Denmark has built up a considerable international net wealth position which amounted to kr. 1.390 billion in the 2nd quarter of 2018. This corresponds to 65 per cent of GDP and places Denmark as one of Europe's creditor nations. In contrast, Denmark had a foreign net debt corresponding to 8 per cent of GDP in the 2nd quarter of 2008.