The government debt is compiled as the total domestic and foreign debt less the assets of the public funds and the balance of the central government's account with Danmarks Nationalbank.
At end-2012, the central-government debt amounted to kr. 487 billion, corresponding to 27 per cent of GDP or kr. 87,000 per capita, cf. Chart 1. Despite the increase, Denmark's debt remains low compared with that of other EU member states, and Danish government bonds are still enjoying the highest ratings from the credit rating agencies.
|Table 1: Central-government debt|
|Central-government debt, 1985-2012|
In 2012, interest costs on central-government debt totalled kr. 17 billion which corresponds to 0.9 per cent of GDP, cf. Chart 2.
|Central-government interest costs, 1985-2012|