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FX.co ★ Danish Current Account Surplus Hits 9-Month Low

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typeContent_19130:::2025-04-09T06:15:59

Danish Current Account Surplus Hits 9-Month Low

In February 2025, Denmark's seasonally adjusted current account surplus fell to DKK 30.6 billion, down from an upwardly revised DKK 35.3 billion in January, reaching its lowest level since May 2024. The goods account surplus experienced a notable decline, dropping to DKK 23.2 billion from DKK 28.2 billion, attributed to a 2.7% decrease in imports, while exports marginally increased by 0.1%. Concurrently, the deficit in secondary income grew to DKK 3.2 billion from January's DKK 2.9 billion. In contrast, the services account surplus slightly improved to DKK 2.5 billion, up from DKK 2.3 billion in the previous month. The primary income surplus also saw an increase, rising to DKK 8.1 billion from DKK 7.7 billion.

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