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Denmark

Tax-to-GDP Ratio: 45.2% (+9.5% vs OECD Average)

Data year: 2024

Fiscal Balance

Revenue
51.8% of GDP
Spending
47.3% of GDP
Surplus +4.5% of GDP
Gross Debt 37.9% of GDP

Budget Flow

Revenue Spending
Personal Income Tax (25.2%)Corporate Income Tax (4.2%)VAT / Sales Tax (9.1%)Property Taxes (1.4%)Other Taxes (5.2%)Social Protection (19.6%)Health (8.3%)General Public Services (5.7%)Education (5.5%)Economic Affairs (3.0%)Defence (1.8%)Recreation, Culture & Religion (1.5%)Public Order & Safety (1.0%)Environmental Protection (0.4%)Housing & Community (0.3%)Surplus (4.5%)

Tax Revenue Breakdown

Total: 45.2% GDP

Compared to OECD Average

Tax Burden by Income Level

Tax Wedge by Income Level

Single, no children

Who Pays?

Individuals 56%
Corporations 9%
Other 35%

% of total tax revenue

67% of avg wage (low income)
35.2%
100% of avg wage (median)
36.1%
167% of avg wage (high income)
39%

Government Spending Breakdown

Social Protection
19.6%
#5/16
Old Age / Retirement
7.2%
#9/14
Sickness & Disability
4.8%
#2/14
Family & Children
4.1%
#1/14
Unemployment
1.4%
#4/14
Social Exclusion
1.2%
#6/14
Housing Assistance
0.6%
#5/13
Other Social Protection
0.4%
#5/14
Health
8.3%
#5/17
Hospital Services
5.6%
#3/14
Outpatient Services
1.4%
#12/14
Medical Products & Equipment
0.5%
#12/14
Public Health Services
0.1%
#13/14
General Public Services
5.7%
#9/17
Executive & Legislative
1.7%
#8/14
Public Debt Interest
0.8%
#10/14
Education
5.5%
#6/17
Pre-primary & Primary
2.5%
#3/14
Tertiary
1.5%
#3/14
Secondary
1.3%
#10/14
Economic Affairs
3.0%
#16/17
Transport
1.8%
#12/14
General Economic & Labour
0.5%
#8/14
Defence
1.8%
#7/17
Military Defence
1.3%
#5/12
Recreation, Culture & Religion
1.5%
#4/17
Public Order & Safety
1.0%
#16/17
Environmental Protection
0.4%
#14/16
Housing & Community
0.3%
#17/17
% of GDP
vs others
Q1โ€“Q3 median Denmark

What does the spending achieve?

Health Spending vs Life Expectancy

This country Other countries

Education Spending vs PISA Score

This country Other countries
Life Expectancy 81.9 years
Infant Mortality 3 per 1,000 births
PISA Average Score 491