The debt has fallen to under 300 billion DKK (294 billion DKK), which represents 10.5% of Denmark’s GDP. Why? State budget surplus, high employment, and high consumer spending. Denmark has a low level of debt, a sound debt structure, and a robust economy with a stable outlook. This results in an AAA-rating. The central government’s total financing costs are kept down as investors do not demand a premium for the risk they take on when buying Danish government bonds.
