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Economy of Denmark vs Niger compared: GDP & Debt

Updated on by Georank team

Denmark has a GDP of $425B compared to $19.9B for Niger, ranking 37/197 and 130/197 by economy size, respectively.

Denmark has $134B in government debt (31.5% of GDP), compared to $9.39B (47.2% of GDP) in Niger.

Denmark vs Niger GDP by year

Denmark
Niger
1x
Year GDP, current $
Denmark Niger
2024 $424,524,722,037 $19,876,128,486
2023 $404,651,706,118 $16,698,786,978
2022 $400,114,306,337 $15,433,852,712
2021 $406,110,162,088 $14,915,002,436
2020 $355,631,021,932 $13,744,653,103
2019 $345,401,473,013 $12,889,555,561
2018 $355,293,374,912 $12,837,307,497
2017 $331,610,593,962 $11,185,104,252
2016 $312,181,849,372 $10,398,861,982
2015 $301,758,922,338 $9,683,867,926
2014 $352,832,602,064 $10,862,943,544
2013 $344,631,016,965 $10,224,897,438
2012 $326,792,574,245 $9,426,912,648
2011 $344,315,595,263 $8,772,950,778
2010 $322,345,594,075 $7,851,192,502
2009 $322,619,152,195 $7,352,131,310
2008 $354,979,471,960 $7,297,600,226
2007 $320,213,157,595 $5,731,485,052
2006 $283,386,151,544 $4,756,361,252
2005 $265,150,087,712 $4,383,315,965
2004 $251,986,155,631 $3,760,443,738
2003 $218,421,193,436 $3,394,084,732
2002 $178,788,209,558 $2,782,192,879
2001 $164,881,594,415 $2,448,714,704
2000 $164,043,817,224 $2,241,753,193
1999 $177,887,720,536 $2,537,789,821
1998 $176,877,077,513 $2,643,363,519
1997 $173,241,365,735 $2,290,318,910
1996 $187,481,157,846 $2,405,686,940
1995 $184,848,481,008 $2,302,537,562
1994 $156,017,919,221 $1,938,058,175
1993 $143,111,306,004 $3,052,673,849
1992 $152,966,494,260 $3,386,232,579
1991 $139,180,507,778 $3,285,796,875
1990 $138,217,740,684 $3,512,356,508
1989 $112,312,200,761 $2,179,567,114
1988 $115,540,189,705 $2,280,356,193
1987 $109,183,446,340 $2,233,006,105
1986 $87,748,695,217 $1,904,096,998
1985 $62,452,421,011 $1,440,581,652
1984 $58,868,891,335 $1,461,243,326
1983 $60,331,158,447 $1,803,099,561
1982 $60,084,214,872 $2,017,612,216
1981 $61,459,941,461 $2,170,893,414
1980 $70,811,287,816 $2,508,524,721
1979 $70,393,030,603 $2,109,277,666
1978 $60,320,089,218 $1,774,365,590
1977 $49,711,709,588 $1,291,458,041
1976 $44,503,607,444 $1,064,517,601
1975 $40,418,967,666 $1,048,690,933
1974 $34,125,712,481 $1,026,137,111
1973 $30,718,181,337 $946,385,105
1972 $23,230,667,549 $742,779,661
1971 $19,086,192,720 $693,573,704
1970 $17,075,457,733 $649,916,621
1969 $15,414,902,667 $625,867,985
1968 $13,505,574,133 $641,214,226
1967 $13,059,064,806 $665,586,872
1966 $11,931,740,293 $702,296,079
1965 $10,870,670,865 $673,383,511
1964 $9,677,401,337 $582,816,396
1963 $8,466,044,980 $586,294,879
1962 $7,953,274,741 $531,736,599
1961 $7,058,361,229 $485,785,231
1960 $6,361,166,545 $449,526,873

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/denmark/niger | CC BY

GDP per capita in Denmark vs Niger by year

Denmark
GDP per capita

GDP per capita, PPP
Niger
GDP per capita

GDP per capita, PPP
1x
Year Current $
Denmark Niger
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $71,026 $81,878 $735 $2,050
2023 $68,044 $77,892 $638 $1,875
2022 $67,781 $78,914 $610 $1,840
2021 $69,341 $69,715 $609 $1,586
2020 $60,985 $62,682 $580 $1,497
2019 $59,404 $60,595 $562 $1,419
2018 $61,325 $57,234 $579 $1,276
2017 $57,522 $55,272 $522 $1,208
2016 $54,501 $51,821 $503 $1,189
2015 $53,094 $48,897 $486 $1,172
2014 $62,520 $47,880 $565 $1,161
2013 $61,378 $46,869 $552 $1,138
2012 $58,444 $44,755 $529 $1,162
2011 $61,810 $44,444 $511 $1,064
2010 $58,105 $43,038 $474 $1,058
2009 $58,413 $40,524 $461 $999
2008 $64,617 $41,467 $475 $1,010
2007 $58,632 $39,110 $387 $955
2006 $52,119 $37,392 $333 $935
2005 $48,926 $34,238 $319 $888
2004 $46,625 $33,016 $283.5 $832
2003 $40,519 $30,864 $265.2 $837
2002 $33,257 $30,667 $225.3 $832
2001 $30,768 $29,459 $205.4 $809
2000 $30,722 $28,648 $194.8 $764
1999 $33,426 $26,642 $228.3 $783
1998 $33,346 $25,799 $246.1 $801
1997 $32,780 $24,887 $220.6 $745
1996 $35,622 $23,723 $239.5 $746
1995 $35,321 $22,677 $237 $757
1994 $29,968 $21,669 $206.2 $748
1993 $27,582 $20,217 $335 $742
1992 $29,579 $19,830 $384 $746
1991 $27,003 $19,067 $384 $738
1990 $26,886 $18,225 $424 $739
1989 $21,882 - $271.3 -
1988 $22,525 - $292.6 -
1987 $21,296 - $295.3 -
1986 $17,137 - $259.6 -
1985 $12,213 - $202.4 -
1984 $11,517 - $211.5 -
1983 $11,797 - $268.8 -
1982 $11,740 - $310 -
1981 $12,000 - $343 -
1980 $13,822 - $409 -
1979 $13,757 - $354 -
1978 $11,818 - $307 -
1977 $9,770 - $229.8 -
1976 $8,773 - $194.8 -
1975 $7,988 - $197.2 -
1974 $6,764 - $198.3 -
1973 $6,117 - $187.9 -
1972 $4,654 - $151.4 -
1971 $3,846 - $145.2 -
1970 $3,464 - $139.8 -
1969 $3,151 - $138.3 -
1968 $2,776 - $145.6 -
1967 $2,701 - $155.4 -
1966 $2,487 - $168.6 -
1965 $2,284 - $166.3 -
1964 $2,049 - $148.1 -
1963 $1,807 - $153.3 -
1962 $1,711 - $143.2 -
1961 $1,531 - $134.6 -
1960 $1,389 - $128.3 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/denmark/niger | CC BY

Denmark's GDP per capita is $71,026, ranking 12/197, compared to $735 in Niger, ranking 187/197. Adjusted for purchasing power (GDP per capita PPP), Denmark ranks 14th at $81,878, while Niger ranks 186th at $2,050.

Economic indicators

Denmark Niger
Gross domestic product
$425B
2024
$19.9B
2024
GDP rank
37/197
2024
130/197
2024
GDP growth
3.48%
2023-2024
10.3%
2023-2024
GDP per capita
$71,026
2024
$735
2024
GDP per capita rank
12/197
2024
187/197
2024
GDP per capita, PPP
$81,878
2024
$2,050
2024
GDP per capita PPP rank
14/197
2024
186/197
2024
Government debt
$134B
2024
$9.39B
2024
Debt-to-GDP ratio
31.5%
2024
47.2%
2024
Government debt per person
$22,340
2024
$347
2024
Government debt per person rank
30/185
2024
173/185
2024
Average annual personal income after taxes
$53,468
2026
$1,163
2026
Market capitalization of domestic companies
$151B
2004
n/a
Number of millionaires
376,000
2025
n/a
Number of billionaires
9
2025
n/a
Income share by richest 10%
25.5%
2023
27.8%
2021
Income share by poorest 10%
3.6%
2023
3.8%
2021
Government expenditure, % of GDP
47.3%
2024
13.4%
2024
Consumer prices inflation
1.37%
2023-2024
9.07%
2023-2024
Central bank interest rate
1.6%
2025
n/a
Unemployment rate
6.15%
2024
0.4%
2022
Population
6032403
29080898

Spending and national debt comparison by year

Denmark
Spending

Debt
Niger
Spending

Debt
1x
Year % of GDP
Denmark Niger
Government spending Government debt Government spending Government debt
2024 47.3% 31.5% 13.4% 47.2%
2023 47.4% 33.8% 15.8% 51.8%
2022 45.1% 34.2% 21.6% 50.6%
2021 49.7% 40.7% 24.3% 51.3%
2020 53.3% 46.3% 22.4% 45%
2019 49.8% 38.3% 21.6% 39.8%
2018 50.8% 38.5% 21.2% 37%
2017 50.6% 40.2% 19.5% 36.5%
2016 52.4% 41.7% 19.4% 32.8%
2015 54.4% 44.6% 24.2% 29.9%
2014 55.1% 48.7% 23.6% 22.1%
2013 55.6% 47.8% 20.4% 19.6%
2012 57.9% 48.7% 16.6% 18.1%
2011 56.3% 50% 15.3% 14.7%
2010 56.5% 46.1% 14.3% 15.1%
2009 56.3% 43% 17.7% 15.9%
2008 50.3% 35.5% 16.9% 14.2%
2007 49.5% 29.5% 17.4% 17.8%
2006 49.7% 33.2% 15.2% 18.3%
2005 51.1% 39.4% 15.6% 49.5%
2004 52.8% 46.2% 16.1% 55%
2003 53.5% 48.2% 14% 60.6%
2002 53.1% 50.3% 14.4% 69%
2001 53% 50.1% 13.7% 74%
2000 52.9% 53.6% 13.5% 82.1%
1999 54.7% 56.8% 15% 63.3%
1998 55.6% 60.3% 13.6% 61.3%
1997 56.2% 64.4% 12.9% 69.1%
1996 58.2% 68.3% 10.9% 63.5%
1995 58.7% 71.5% 12.5% 69.4%
1994 59.5% 75.3% - -
1993 59.5% 78.7% - -
1992 56.4% 66.7% - -
1991 55.5% 63.2% - -
1990 55.1% 62.4% - -
1989 56.2% 62.2% - -
1988 56.1% 64.7% - -
1987 54% 62.5% - -
1986 52.3% 66.8% - -
1985 55.5% 74.7% - -
1984 56.6% 77.7% - -
1983 57.9% 74.2% - -
1982 57.7% 64.5% - -
1981 56.3% 51.7% - -
1980 52.7% 39.2% - -
1979 49.6% 31.8% - -
1978 47.2% 25.5% - -
1977 45.6% 15.2% - -
1976 45% 11.4% - -
1975 45.3% 7.01% - -
1974 43.6% 6.2% - -
1973 39.5% 8.94% - -
1972 42.1% 11.5% - -
1971 42.2% 12.9% - -
1970 24.4% 7.62% - -
1969 25.3% 8.36% - -
1968 24.3% 9.36% - -
1967 22.2% 10.1% - -
1966 21.1% 11.2% - -
1965 17.1% 12.9% - -
1964 17.6% 14.5% - -
1963 18.2% 13.7% - -
1962 17% 15.3% - -
1961 15.6% 16.4% - -
1960 16.4% 20.1% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1991, retrieved 2026-02-20).

GeoRank.org/economy/denmark/niger | CC BY

In 2024, Denmark's government spending was $201B, accounting for 47.3% of its GDP, while Niger spent $2.67B, or 13.4% of GDP.

Debt-to-GDP ratio is 31.5% in Denmark and 47.2% in Niger, ranking 155/185 and 114/185, respectively.

Government deficit by year

Deficit/surplus
Denmark

Niger
1x
Year Deficit/surplus, % of GDP
Denmark Niger
2024 4.46% -4.27%
2023 3.43% -5.37%
2022 3.39% -6.77%
2021 4.12% -6.1%
2020 0.36% -4.82%
2019 4.28% -3.56%
2018 0.81% -3.01%
2017 1.69% -4.12%
2016 0.3% -4.46%
2015 -0.9% -6.75%
2014 1.43% -6.12%
2013 -0.94% -1.93%
2012 -3.2% -0.83%
2011 -1.77% -2.19%
2010 -2.52% -0.99%
2009 -2.75% -3.93%
2008 3.46% 1.11%
2007 5.31% -0.75%
2006 5.29% 31%
2005 5.2% -1.53%
2004 2.23% -2.76%
2003 0.14% -2.17%
2002 0.25% -2.21%
2001 1.13% -2.59%
2000 1.79% -2.83%
1999 1.06% -4.27%
1998 -0.28% -2.23%
1997 -1.22% -2.39%
1996 -2.4% -0.36%
1995 -3.5% -3.19%
1994 -3.85% -
1993 -3.73% -
1992 -2.6% -
1991 -3.15% -
1990 -1.78% -
1989 0.3% -
1988 1.46% -
1987 2.46% -
1986 3.23% -
1985 -1.38% -
1984 -3.58% -
1983 -6.29% -
1982 -8.22% -
1981 -5.84% -
1980 -2.32% -
1979 -0.69% -
1978 0.41% -
1977 0.37% -
1976 0.19% -
1975 -1.23% -
1974 3.7% -
1973 4.97% -
1972 5.01% -
1971 4.96% -
1970 0.7% -
1969 0.3% -
1968 -0.06% -
1967 1.49% -
1966 0.99% -
1965 2.13% -
1964 1.79% -
1963 1.2% -
1962 -0.09% -
1961 1.73% -
1960 1.25% -
1959 0.79% -
1958 0.25% -
1957 0.26% -
1956 -0.01% -
1955 -1.17% -
1954 -0.84% -
1953 1.75% -
1952 1.18% -
1951 0.79% -
1950 1.08% -
1949 0.63% -
1948 1.07% -
1947 0.84% -
1946 2.69% -
1945 -1.03% -
1944 0% -
1943 0% -
1942 0% -
1941 0% -
1940 0% -
1939 0% -
1938 0.03% -
1937 0.22% -
1936 -1.36% -
1935 -0.97% -
1934 0.03% -
1933 1.69% -
1932 -3.22% -
1931 -1.67% -
1930 0.03% -
1929 0.13% -
1928 -4.99% -
1927 -2.33% -
1926 -0.48% -
1925 -3.1% -
1924 -0.8% -
1923 -0.56% -
1922 -1.33% -
1921 -2.41% -
1920 -0.46% -
1919 -0.38% -
1918 1.95% -
1917 3.1% -
1916 1.51% -
1915 -0.48% -
1914 0.43% -
1913 0.07% -
1912 0.13% -
1911 -1.02% -
1910 -1.72% -
1909 -2.49% -
1908 -0.82% -
1907 0.26% -
1906 -0.42% -
1905 0.22% -
1904 -0.1% -
1903 0.03% -
1902 -0.06% -
1901 -0.71% -
1900 -0.84% -
1899 -0.59% -
1898 -0.43% -
1897 -0.61% -
1896 -0.07% -
1895 -0.17% -
1894 -0.26% -
1893 -0.42% -
1892 -0.73% -
1891 -0.76% -
1890 -0.97% -
1889 -0.55% -
1888 -0.49% -
1887 -0.68% -
1886 -0.39% -
1885 0.48% -
1884 1.2% -
1883 0.73% -
1882 0.35% -
1881 0.42% -
1880 -2.65% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/denmark/niger | CC BY

In 2024, Denmark's government surplus, the difference between spending and revenue, was $18.9B, equivalent to 4.46% of GDP. This compares to Niger's deficit of $848M, or 4.27% of GDP.

Over the past 30 years, Denmark recorded a fiscal deficit in 10 of those years, while Niger ran a deficit in 28 years. On average, Denmark posted an annual surplus equal to 1.02% of GDP, compared to deficit of 2.01% of GDP for Niger.

Inflation comparison by year

Inflation
Denmark

Niger
1x
Year Consumer prices inflation
Denmark Niger
2024 1.37% 9.07%
2023 3.31% 3.7%
2022 7.7% 4.23%
2021 1.85% 3.84%
2020 0.42% 2.9%
2019 0.76% -2.49%
2018 0.81% 2.97%
2017 1.15% 2.8%
2016 0.25% 1.65%
2015 0.45% -0.58%
2014 0.56% -0.93%
2013 0.79% 2.3%
2012 2.4% 0.46%
2011 2.76% 2.94%
2010 2.31% 0.8%
2009 1.3% 0.58%
2008 3.42% 11.3%
2007 1.69% 0.05%
2006 1.92% 0.04%
2005 1.82% 7.8%
2004 1.15% 0.26%
2003 2.08% -1.61%
2002 2.42% 2.63%
2001 2.34% 4.01%
2000 2.9% 2.9%
1999 2.5% -2.3%
1998 1.85% 4.55%
1997 2.18% 2.93%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/denmark/niger | CC BY

Over the past 28 years, Denmark has recorded an average annual inflation rate of 1.95%, compared with 2.39% in Niger. In 2024, inflation was 1.37% in Denmark and 9.07% in Niger.

Top exports between countries

Denmark
Export category Export value
Machinery & equipment $7.86M
Processed food, beverages & tobacco $1.82M
Chemicals & pharma $649K
Textiles & consumer goods $495K
Wood & paper products $231K
Miscellaneous $35K
Animal & marine products $30K
Raw agricultural goods $15K
Precious metals & jewellery $3K
Raw materials & minerals $3K
Niger
Export category Export value
Machinery & equipment $5K

Balance of trade

Denmark Niger
Current account balance
$52.1B
2024
-$2.33B
2023
Current account balance ranking
14/190
2024
146/190
2023
Current account balance, % of GDP
+12.3%
2024
-14%
2023
Goods imports
$132B
2024
$2.59B
2023
Goods exports
$172B
2024
$992M
2023
Service imports
$125B
2024
$1.22B
2023
Service exports
$129B
2024
$231M
2023
Imports of goods and services, % of GDP
60.8%
2024
22.7%
2024
Exports of goods and services, % of GDP
71%
2024
27.3%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Denmark Niger
Economic freedom 79 51
Economic freedom ranking 8/197 156/197
Property rights 99.9 16.6
Government integrity 98 33.9
Judicial effectiveness 89.3 28
Tax burden 43.4 78.2
Government spending 34.8 91.4
Fiscal health 98 47.6
Business freedom 90.4 32.4
Labor freedom 65 54.7
Monetary freedom 80.1 67.9
Trade freedom 79.4 65.8
Investment freedom 90 55
Financial freedom 80 40

Economic freedom comparison by year

Denmark
Niger
1x
Year Economic freedom index
Denmark Niger
2026 79 51
2025 79.1 51.5
2024 77.8 52.3
2023 77.6 53.7
2022 78 54.9
2021 77.8 57.3
2020 78.3 54.7
2019 76.7 51.6
2018 76.6 49.5
2017 75.1 50.8
2016 75.3 54.3
2015 76.3 54.6
2014 76.1 55.1
2013 76.1 53.9
2012 76.2 54.3
2011 78.6 54.3
2010 77.9 52.9
2009 79.6 53.8
2008 79.2 52.9
2007 77 53.2
2006 75.4 52.5
2005 75.3 54.1
2004 72.4 54.6
2003 73.2 54.2
2002 71.1 48.2
2001 68.3 48.9
2000 68.3 45.9
1999 68.1 48.6
1998 67.5 47.5
1997 67.5 46.6
1996 67.3 45.8

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/denmark/niger | CC BY

The Economic Freedom Index for Denmark is 79, ranking 8/197, compared to 51 for Niger, ranking 156/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Denmark Niger
Services, % of GDP
63.5%
2024
45%
2024
Industry, % of GDP
24.1%
2024
17.6%
2024
Agriculture, forestry, and fishing, % of GDP
0.93%
2024
34.5%
2024
GNI, Atlas method
$434B
2024
$18.3B
2024
GNI per capita, PPP
$84,680
2024
$2,030
2024
Total reserves including gold
$108B
2024
n/a
Total reserves ranking
25/177
2024
n/a
Net foreign direct investment
$11.9B
2024
-$1.02B
2023
Net inflows of foreign direct investment
$18.5B
2024
$358M
2024
Net outflows of foreign direct investment
$30.7B
2024
$20.7M
2024
Servicing debt to the IMF, % of GNI n/a
1.94%
2024
Poverty at national poverty lines
12.4%
2021
41.2%
2021
Gross capital formation, % of GDP
23.2%
2024
22.1%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/denmark/niger | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1991, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.