This means that the state has collected more money than it has spent. Among the EU member states, Denmark had the largest surplus in connection with GDP (Gross Domestic Product) size. In fact, only three other EU member states had a surplus last year (Cyprus, Ireland, and Portugal).
- The countries with the worst deficit in the EU (who spent more than they collected) are Italy, Hungary, Romania, and France.
- Denmark’s public debt (money borrowed by the state from other countries or private entities over the years) is 816 billion DKK, marking one of the lowest debt-to-GDP levels in the EU. Only Estonia, Bulgaria, and Luxembourg have less national debt. The countries with the worst debt situation are Greece, Italy, France, and Spain.
