EMU debt and EMU balance
Does the Danish EMU balance show a surplus or a deficit? How big is the Danish EMU debt? And how are Danish government finances developing compared with those of the other EU member countries? EMU balance and EMU debt are calculated as part of the Excessive Deficit Procedure (EDP). The European Commission uses these statistics to monitor the development in government finances as well as to check up on compliance with the convergence criteria.
Explainer on…
The value of a country's annual production produced in the country's workplaces. There are three ways to calculate GDP:
- Gross domestic product (GDP) at market prices is calculated from the production side by subtracting the total value of intermediate consumption in purchaser's prices.
- GDP can also be calculated from the use side as the sum of all final uses in purchaser's prices minus imports of goods and services.
- Finally, GDP can be calculated from the income side as compensation of employees plus gross operating surplus and mixed income plus taxes less subsidies on production.
Prices or price level that applies to goods and services in the current period. The opposite of current prices is fixed prices.
Selected statistics on EMU debt and EMU balance
Development in Denmark's EMU balance
Main sources are balance sheets and income statements from the central government, regions and municipalities and social security funds. Other sources used are for example Danmarks Nationalbank. GDB for the present year are received from Økonomisk Redegørelse.
The information about the EU-countries is from New Cronos, which is Eurostats’ databank.
Development in Denmark's EMU debt
Main sources are balance sheets and income statements from the central government, regions and municipalities and social security funds. Other sources used are for example Danmarks Nationalbank. GDB for the present year are received from Økonomisk Redegørelse.
The information about the EU-countries is from New Cronos, which is Eurostats’ databank.
Comparison of the EMU balance across EU member countries
Main sources are balance sheets and income statements from the central government, regions and municipalities and social security funds. Other sources used are for example Danmarks Nationalbank. GDB for the present year are received from Økonomisk Redegørelse.
The information about the EU-countries is from New Cronos, which is Eurostats’ databank.
Comparison of EMU debt across EU member countries
Main sources are balance sheets and income statements from the central government, regions and municipalities and social security funds. Other sources used are for example Danmarks Nationalbank. GDB for the present year are received from Økonomisk Redegørelse.
The information about the EU-countries is from New Cronos, which is Eurostats’ databank.
EMU balance and EMU debt in the individual EU member countries
Main sources are balance sheets and income statements from the central government, regions and municipalities and social security funds. Other sources used are for example Danmarks Nationalbank. GDB for the present year are received from Økonomisk Redegørelse.
The information about the EU-countries is from New Cronos, which is Eurostats’ databank.
Denmark's EMU balance and EMU debt
Main sources are balance sheets and income statements from the central government, regions and municipalities and social security funds. Other sources used are for example Danmarks Nationalbank. GDB for the present year are received from Økonomisk Redegørelse.
The information about the EU-countries is from New Cronos, which is Eurostats’ databank.
On the statistics – documentation, sources and method
See the documentation of statistics to learn more:
The purpose of the quarterly financial accounts for general government is to present a detailed picture of the holdings, transactions (buying and selling), other changes in volume and revaluations of financial assets/liabilities by financial instruments.
To ensure international comparability the statistics comply with the European System of Accounts - ESA 2010.
The annual financial accounts for general government has been published since 2001 while the quarterly financial accounts has been published since June 2002. The statistics is available from Q1 1995 and onwards.
The quarterly financial accounts for general government have undergone a benchmark revision since the last publication. In this benchmark revision, the statistics have been revised back to Q1 1995. The benchmark revision is a pan-European project that is carried out every 5 years. The purpose of the revision is to incorporate new knowledge and new methods and to ensure uniform calculation methods for all countries.
EMU-debt and EMU-deficit (Government deficit and debt) is the statistical data required for the excessive deficit procedure (EDP) in the Economic and Monetary Union in according to the Maastricht Treaty and Stability- and Growth Pact. The EU-Commission uses the statistics to monitor and examine the development of the budgetary situation and government debt in Denmark in accordance with the Maastricht Treaty convergence criteria. The Compilations are based on the European System of Accounts (ESA2010). However, on some points they differ from ESA2010, e.g. on the valuation of debt, which is at nominal value.
The procedure regarding excessive deficits (Excessive Deficit Procedure)
Publication of Denmark's EMU report
This page contains the complete Danish EMU report to the EU Commission of EMU balance and EMU debt. The publication takes place in connection with Statistics Denmark's two annual reports before April 1st and October 1st.
The "EDP consolidated inventory of sources and methods" is also published. This is a description of the sources and methods used in the EMU reports.
- Danish EDP notification, October 2024
- Danish EDP notification, April 2024
- Danish EDP notification, October 2023
- Supplementary tables for the financial crisis, October 2024
- Supplementary tables for the financial crisis, April 2024
- Supplementary tables for the financial crisis, October 2023
- Bridge table, annex to inventory
- EDP Consolidated Inventory of sources and methods (January 2023)