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Economy of Denmark vs Tajikistan compared: GDP & Debt

Updated on by Georank team

Denmark has a GDP of $425B compared to $14.2B for Tajikistan, ranking 37/197 and 145/197 by economy size, respectively.

Denmark has $134B in government debt (31.5% of GDP), compared to $3.54B (24.9% of GDP) in Tajikistan.

Denmark vs Tajikistan GDP by year

Denmark
Tajikistan
1x
Year GDP, current $
Denmark Tajikistan
2024 $424,524,722,037 $14,204,575,549
2023 $404,651,706,118 $12,244,169,293
2022 $400,114,306,337 $10,713,525,200
2021 $406,110,162,088 $8,937,805,347
2020 $355,631,021,932 $8,133,963,551
2019 $345,401,473,013 $8,300,813,599
2018 $355,293,374,912 $7,764,999,999
2017 $331,610,593,962 $7,536,402,853
2016 $312,181,849,372 $6,992,416,097
2015 $301,758,922,338 $8,271,431,485
2014 $352,832,602,064 $9,112,605,459
2013 $344,631,016,965 $8,448,411,318
2012 $326,792,574,245 $7,633,036,903
2011 $344,315,595,263 $6,522,756,255
2010 $322,345,594,075 $5,642,221,099
2009 $322,619,152,195 $4,979,472,364
2008 $354,979,471,960 $5,161,299,725
2007 $320,213,157,595 $3,719,524,541
2006 $283,386,151,544 $2,830,213,849
2005 $265,150,087,712 $2,312,352,021
2004 $251,986,155,631 $2,076,176,869
2003 $218,421,193,436 $1,555,318,261
2002 $178,788,209,558 $1,221,106,220
2001 $164,881,594,415 $1,080,772,551
2000 $164,043,817,224 $860,541,842
1999 $177,887,720,536 $1,086,612,290
1998 $176,877,077,513 $1,320,199,582
1997 $173,241,365,735 $921,518,033
1996 $187,481,157,846 $1,043,654,822
1995 $184,848,481,008 $1,231,561,860
1994 $156,017,919,221 $1,522,001,206
1993 $143,111,306,004 $1,646,623,195
1992 $152,966,494,260 $1,908,554,572
1991 $139,180,507,778 $2,536,585,366
1990 $138,217,740,684 $2,629,395,066
1989 $112,312,200,761 -
1988 $115,540,189,705 -
1987 $109,183,446,340 -
1986 $87,748,695,217 -
1985 $62,452,421,011 -
1984 $58,868,891,335 -
1983 $60,331,158,447 -
1982 $60,084,214,872 -
1981 $61,459,941,461 -
1980 $70,811,287,816 -
1979 $70,393,030,603 -
1978 $60,320,089,218 -
1977 $49,711,709,588 -
1976 $44,503,607,444 -
1975 $40,418,967,666 -
1974 $34,125,712,481 -
1973 $30,718,181,337 -
1972 $23,230,667,549 -
1971 $19,086,192,720 -
1970 $17,075,457,733 -
1969 $15,414,902,667 -
1968 $13,505,574,133 -
1967 $13,059,064,806 -
1966 $11,931,740,293 -
1965 $10,870,670,865 -
1964 $9,677,401,337 -
1963 $8,466,044,980 -
1962 $7,953,274,741 -
1961 $7,058,361,229 -
1960 $6,361,166,545 -

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

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

GDP per capita in Denmark vs Tajikistan by year

Denmark
GDP per capita

GDP per capita, PPP
Tajikistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Denmark Tajikistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $71,026 $81,878 $1,341 $5,406
2023 $68,044 $77,892 $1,178 $4,964
2022 $67,781 $78,914 $1,052 $4,514
2021 $69,341 $69,715 $897 $3,986
2020 $60,985 $62,682 $834 $3,654
2019 $59,404 $60,595 $871 $3,460
2018 $61,325 $57,234 $834 $3,069
2017 $57,522 $55,272 $829 $3,017
2016 $54,501 $51,821 $789 $2,914
2015 $53,094 $48,897 $957 $2,975
2014 $62,520 $47,880 $1,082 $3,152
2013 $61,378 $46,869 $1,028 $2,919
2012 $58,444 $44,755 $952 $2,679
2011 $61,810 $44,444 $834 $2,456
2010 $58,105 $43,038 $737 $2,291
2009 $58,413 $40,524 $665 $2,171
2008 $64,617 $41,467 $703 $2,120
2007 $58,632 $39,110 $517 $1,966
2006 $52,119 $37,392 $401 $1,810
2005 $48,926 $34,238 $334 $1,673
2004 $46,625 $33,016 $306 $1,550
2003 $40,519 $30,864 $233.6 $1,396
2002 $33,257 $30,667 $187 $1,257
2001 $30,768 $29,459 $168.7 $1,139
2000 $30,722 $28,648 $136.9 $1,036
1999 $33,426 $26,642 $175 $947
1998 $33,346 $25,799 $213.7 $905
1997 $32,780 $24,887 $150.1 $855
1996 $35,622 $23,723 $172 $836
1995 $35,321 $22,677 $207 $1,006
1994 $29,968 $21,669 $261.3 $1,148
1993 $27,582 $20,217 $287.6 $1,454
1992 $29,579 $19,830 $338 $1,721
1991 $27,003 $19,067 $458 $2,417
1990 $26,886 $18,225 $487 $2,583
1989 $21,882 - - -
1988 $22,525 - - -
1987 $21,296 - - -
1986 $17,137 - - -
1985 $12,213 - - -
1984 $11,517 - - -
1983 $11,797 - - -
1982 $11,740 - - -
1981 $12,000 - - -
1980 $13,822 - - -
1979 $13,757 - - -
1978 $11,818 - - -
1977 $9,770 - - -
1976 $8,773 - - -
1975 $7,988 - - -
1974 $6,764 - - -
1973 $6,117 - - -
1972 $4,654 - - -
1971 $3,846 - - -
1970 $3,464 - - -
1969 $3,151 - - -
1968 $2,776 - - -
1967 $2,701 - - -
1966 $2,487 - - -
1965 $2,284 - - -
1964 $2,049 - - -
1963 $1,807 - - -
1962 $1,711 - - -
1961 $1,531 - - -
1960 $1,389 - - -

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

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

Denmark's GDP per capita is $71,026, ranking 12/197, compared to $1,341 in Tajikistan, ranking 166/197. Adjusted for purchasing power (GDP per capita PPP), Denmark ranks 14th at $81,878, while Tajikistan ranks 157th at $5,406.

Economic indicators

Denmark Tajikistan
Gross domestic product
$425B
2024
$14.2B
2024
GDP rank
37/197
2024
145/197
2024
GDP growth
3.48%
2023-2024
8.4%
2023-2024
GDP per capita
$71,026
2024
$1,341
2024
GDP per capita rank
12/197
2024
166/197
2024
GDP per capita, PPP
$81,878
2024
$5,406
2024
GDP per capita PPP rank
14/197
2024
157/197
2024
Government debt
$134B
2024
$3.54B
2024
Debt-to-GDP ratio
31.5%
2024
24.9%
2024
Government debt per person
$22,340
2024
$335
2024
Government debt per person rank
30/185
2024
175/185
2024
Average annual personal income after taxes
$53,468
2026
$2,591
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
28.2%
2024
Income share by poorest 10%
3.6%
2023
2.9%
2024
Government expenditure, % of GDP
47.3%
2024
27.7%
2024
Consumer prices inflation
1.37%
2023-2024
3.5%
2023-2024
Central bank interest rate
1.6%
2025
7.75%
2025
Unemployment rate
6.15%
2024
0.08%
2016
Population
6032403
11038274

Spending and national debt comparison by year

Denmark
Spending

Debt
Tajikistan
Spending

Debt
1x
Year % of GDP
Denmark Tajikistan
Government spending Government debt Government spending Government debt
2024 47.3% 31.5% 27.7% 24.9%
2023 47.4% 33.8% 28% 29.9%
2022 45.1% 34.2% 27.4% 31.8%
2021 49.7% 40.7% 27.6% 42%
2020 53.3% 46.3% 29.2% 50.9%
2019 49.8% 38.3% 28.8% 43.2%
2018 50.8% 38.5% 30.9% 46.3%
2017 50.6% 40.2% 33.8% 46.3%
2016 52.4% 41.7% 32.7% 42.2%
2015 54.4% 44.6% 31.9% 35%
2014 55.1% 48.7% 27.5% 27.9%
2013 55.6% 47.8% 27.7% 29.3%
2012 57.9% 48.7% 24.7% 32.5%
2011 56.3% 50% 24.3% 35.5%
2010 56.5% 46.1% 25.9% 36.8%
2009 56.3% 43% 23.6% 36.9%
2008 50.3% 35.5% 20.2% 30.2%
2007 49.5% 29.5% 20.3% 34.3%
2006 49.7% 33.2% 21.6% 36.8%
2005 51.1% 39.4% 22.9% 45.8%
2004 52.8% 46.2% 20.2% 49.4%
2003 53.5% 48.2% 19.1% 69.8%
2002 53.1% 50.3% 19.1% 98.3%
2001 53% 50.1% 17.3% 99.4%
2000 52.9% 53.6% 18.1% 111.4%
1999 54.7% 56.8% 17.5% 107.8%
1998 55.6% 60.3% 17.1% 96.6%
1997 56.2% 64.4% - -
1996 58.2% 68.3% - -
1995 58.7% 71.5% - -
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/tajikistan | CC BY

In 2024, Denmark's government spending was $201B, accounting for 47.3% of its GDP, while Tajikistan spent $3.93B, or 27.7% of GDP.

Debt-to-GDP ratio is 31.5% in Denmark and 24.9% in Tajikistan, ranking 155/185 and 166/185, respectively.

Government deficit by year

Deficit/surplus
Denmark

Tajikistan
1x
Year Deficit/surplus, % of GDP
Denmark Tajikistan
2024 4.46% 0.28%
2023 3.43% -0.93%
2022 3.39% -0.23%
2021 4.12% -0.64%
2020 0.36% -4.34%
2019 4.28% -2.04%
2018 0.81% -2.69%
2017 1.69% -5.65%
2016 0.3% -2.91%
2015 -0.9% -1.96%
2014 1.43% 0.92%
2013 -0.94% -0.73%
2012 -3.2% 0.41%
2011 -1.77% 0.6%
2010 -2.52% -2.71%
2009 -2.75% -0.2%
2008 3.46% 1.94%
2007 5.31% 2.13%
2006 5.29% 2%
2005 5.2% -2.83%
2004 2.23% -2.32%
2003 0.14% -1.74%
2002 0.25% -2.4%
2001 1.13% -2.11%
2000 1.79% -4.51%
1999 1.06% -4.03%
1998 -0.28% -5.09%
1997 -1.22% -
1996 -2.4% -
1995 -3.5% -
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/tajikistan | 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 Tajikistan's surplus of $39.2M, or 0.28% of GDP.

Over the past 27 years, Denmark recorded a fiscal deficit in 7 of those years, while Tajikistan ran a deficit in 20 years. On average, Denmark posted an annual surplus equal to 1.4% of GDP, compared to deficit of 1.55% of GDP for Tajikistan.

Inflation comparison by year

Inflation
Denmark

Tajikistan
1x
Year Consumer prices inflation
Denmark Tajikistan
2024 1.37% 3.5%
2023 3.31% 3.7%
2022 7.7% 6.6%
2021 1.85% 9%
2020 0.42% 8.6%
2019 0.76% 7.8%
2018 0.81% 3.8%
2017 1.15% 7.3%
2016 0.25% 5.9%
2015 0.45% 5.8%
2014 0.56% 6.1%
2013 0.79% 5%
2012 2.4% 5.8%
2011 2.76% 12.4%
2010 2.31% 6.5%
2009 1.3% 6.4%
2008 3.42% 20.4%
2007 1.69% 13.2%
2006 1.92% 10%
2005 1.82% 7.3%
2004 1.15% 7.2%
2003 2.08% 16.4%
2002 2.42% 12.2%
2001 2.34% 38.6%
2000 2.9% 32.9%
1999 2.5% 27.5%
1998 1.85% 43.2%
1997 2.18% 88%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Denmark has recorded an average annual inflation rate of 1.95%, compared with 15% in Tajikistan. In 2024, inflation was 1.37% in Denmark and 3.5% in Tajikistan.

Top exports between countries

Denmark
Export category Export value
Machinery & equipment $790K
Textiles & consumer goods $250K
Chemicals & pharma $237K
Animal & marine products $139K
Raw agricultural goods $59K
Processed food, beverages & tobacco $32K
Raw materials & minerals $18K
Miscellaneous $9K
Metals $7K
Wood & paper products $3K
Tajikistan
Export category Export value

Balance of trade

Denmark Tajikistan
Current account balance
$52.1B
2024
$887M
2024
Current account balance ranking
14/190
2024
54/190
2024
Current account balance, % of GDP
+12.3%
2024
+6.24%
2024
Goods imports
$132B
2024
$5.94B
2024
Goods exports
$172B
2024
$1.42B
2024
Service imports
$125B
2024
$971M
2024
Service exports
$129B
2024
$195M
2024
Imports of goods and services, % of GDP
60.8%
2024
48.4%
2023
Exports of goods and services, % of GDP
71%
2024
17.2%
2023

Economic freedom indices

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

Denmark Tajikistan
Economic freedom 79 52.5
Economic freedom ranking 8/197 147/197
Property rights 99.9 28.4
Government integrity 98 18.5
Judicial effectiveness 89.3 10.1
Tax burden 43.4 94.2
Government spending 34.8 77
Fiscal health 98 98.6
Business freedom 90.4 60.6
Labor freedom 65 43.4
Monetary freedom 80.1 72.6
Trade freedom 79.4 72.2
Investment freedom 90 25
Financial freedom 80 30

Economic freedom comparison by year

Denmark
Tajikistan
1x
Year Economic freedom index
Denmark Tajikistan
2026 79 52.5
2025 79.1 51.5
2024 77.8 51.3
2023 77.6 50.6
2022 78 49.7
2021 77.8 55.2
2020 78.3 52.2
2019 76.7 55.6
2018 76.6 58.3
2017 75.1 58.2
2016 75.3 51.3
2015 76.3 52.7
2014 76.1 52
2013 76.1 53.4
2012 76.2 53.4
2011 78.6 53.5
2010 77.9 53
2009 79.6 54.6
2008 79.2 54.4
2007 77 53.6
2006 75.4 52.6
2005 75.3 50.4
2004 72.4 48.7
2003 73.2 46.5
2002 71.1 47.3
2001 68.3 46.8
2000 68.3 44.8
1999 68.1 41.2
1998 67.5 41.1
1997 67.5 -
1996 67.3 -

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

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

The Economic Freedom Index for Denmark is 79, ranking 8/197, compared to 52.5 for Tajikistan, ranking 147/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Denmark Tajikistan
Services, % of GDP
63.5%
2024
34.7%
2023
Industry, % of GDP
24.1%
2024
33.6%
2023
Agriculture, forestry, and fishing, % of GDP
0.93%
2024
22.9%
2023
GNI, Atlas method
$434B
2024
$17.5B
2024
GNI per capita, PPP
$84,680
2024
$7,100
2024
Total reserves including gold
$108B
2024
$3.3B
2023
Total reserves ranking
25/177
2024
117/177
2023
Net foreign direct investment
$11.9B
2024
-$190M
2024
Net inflows of foreign direct investment
$18.5B
2024
$291M
2024
Net outflows of foreign direct investment
$30.7B
2024
$101M
2024
Servicing debt to the IMF, % of GNI n/a
3.07%
2024
Poverty at national poverty lines
12.4%
2021
19.8%
2024
Gross capital formation, % of GDP
23.2%
2024
31.7%
2023

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/tajikistan | 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 (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.