DNB · DKK•Est. 1818 · Copenhagen•Mandate Target: Fixed Exchange Rate Policy (ERM II EUR Peg)
Danmarks Nationalbank (DNB) - Monetary Ledger
Ensure stable prices through the fixed exchange rate policy against the euro. Explore all six canonical primary-source time series for Denmark (Danish Krone, DKK): policy rate history, CPI inflation vs. target, consolidated central bank assets in USD and % of GDP, international gold & FX reserves, and real effective exchange rates.
Six Canonical Danmarks Nationalbank Datasets
Central Bank Interest Rates1946–2026
Denmark Central Bank Policy Interest Rate (Denmark)
Latest (Sep 2026)2.10%
Record High15.00% (1992)
Central Bank Balance Sheets (USD)1953–2026
Danmarks Nationalbank Balance Sheet Total Assets (USD)
Latest (Jul 2026)$113.87B
Record High$121.89B (2008)
Central Bank Assets Share of GDP1966–2026
Danmarks Nationalbank Balance Sheet Share of GDP (Denmark)
Latest (2026 Q2)23.34%
Record High39.50% (2015)
Consumer Price Inflation Rates & Targets1914–2026
Denmark Inflation Rate (CPI YoY %)
Latest (Aug 2026)2.05%
Record High30.57% (1940)
Foreign Exchange & Gold Reserves1960–2025
Denmark Foreign Exchange & Gold Reserves (USD)
Latest (2025)$127.76B
Record High$127.76B (2025)
Real Effective Exchange Rates (REER)1964–2026
Danish Krone (DKK) Real Effective Exchange Rate (REER)
Latest (Sep 2026)95.85
Record High109.02 (2009)
Danmarks Nationalbank Policy Rate & Balance Sheet Trajectories
Danmarks Nationalbank · DKK
Denmark Central Bank Policy Interest Rate (Denmark) (1946-2026)
% p.a.Drag to pan, scroll to zoom, or toggle between full archive (1946–2026) and recent monthly observations.
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Source: Bank for International Settlements (BIS) & Danmarks Nationalbank (WS_CBPOL:M:DK)
Latest: 2.10% (Sep 2026)
· Real Rate: +0.05%
Danmarks Nationalbank · DKK
Danmarks Nationalbank Balance Sheet Total Assets (USD) (1953-2026)
USD BillionsDrag to pan, scroll to zoom, or toggle between full archive (1953–2026) and recent monthly observations.
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Source: Bank for International Settlements (BIS) (WS_CBTA:M:DK:B:USD:_Z:B)
Latest: $113.87B (Jul 2026)
Consolidated Annual Monetary Ledger - Danmarks Nationalbank
Annual policy rate, headline CPI, ex-post real rate, balance sheet assets ($B & % GDP), reserves ($B), and REER index
| Year | Policy Rate | CPI (YoY) | Real Rate | Assets ($B USD) | Assets (% GDP) | Reserves ($B) | REER (2020=100) |
|---|---|---|---|---|---|---|---|
| 2026 | 2.10% | 1.45% | +0.65% | $113.87B | 23.34% | - | 95.92 |
| 2025 | 1.60% | 1.89% | -0.29% | $109.81B | 22.38% | $127.76B | 97.05 |
| 2024 | 2.60% | 1.38% | +1.22% | $93.89B | 22.58% | $108.41B | 96.72 |
| 2023 | 3.60% | 3.38% | +0.22% | $97.28B | 23.59% | $109.37B | 97.72 |
| 2022 | 1.75% | 7.68% | -5.93% | $90.77B | 22.35% | $96.07B | 97.50 |
| 2021 | -0.60% | 1.84% | -2.44% | $86.92B | 22.35% | $82.24B | 99.21 |
| 2020 | -0.60% | 0.42% | -1.02% | $79.17B | 20.63% | $72.82B | 100.00 |
| 2019 | -0.75% | 0.74% | -1.49% | $71.33B | 20.59% | $66.84B | 99.00 |
| 2018 | -0.65% | 0.82% | -1.47% | $76.04B | 22.10% | $70.94B | 100.54 |
| 2017 | -0.65% | 1.14% | -1.79% | $81.90B | 23.22% | $75.24B | 99.66 |
| 2016 | -0.65% | 0.26% | -0.91% | $69.92B | 23.47% | $64.22B | 99.26 |
| 2015 | -0.75% | 0.47% | -1.22% | $69.89B | 23.60% | $65.19B | 97.91 |
| 2014 | -0.05% | 0.55% | -0.60% | $85.85B | 26.58% | $75.39B | 101.80 |
| 2013 | -0.10% | 0.78% | -0.88% | $102.78B | 28.72% | $88.68B | 100.92 |
| 2012 | -0.20% | 2.42% | -2.62% | $110.82B | 33.10% | $89.70B | 100.08 |
| 2011 | 0.30% | 2.75% | -2.45% | $97.48B | 30.30% | $84.96B | 102.87 |
| 2010 | 0.70% | 2.30% | -1.60% | $85.36B | 26.26% | $76.51B | 103.66 |
| 2009 | 0.95% | 1.32% | -0.37% | $106.05B | 31.68% | $76.62B | 108.27 |
| 2008 | 3.75% | 3.41% | +0.34% | $121.89B | 36.06% | $42.33B | 105.35 |
| 2007 | 4.25% | 1.71% | +2.54% | $83.80B | 24.36% | $34.32B | 103.98 |
| 2006 | 3.75% | 1.89% | +1.86% | $64.78B | 21.76% | $31.08B | 103.35 |
| 2005 | 2.40% | 1.81% | +0.59% | $62.00B | 24.66% | $34.03B | 104.01 |
| 2004 | 2.15% | 1.17% | +0.98% | $72.47B | 26.22% | $40.02B | 105.50 |
| 2003 | 2.15% | 2.08% | +0.07% | $67.78B | 27.77% | $38.00B | 104.78 |
| 2002 | 2.95% | 2.43% | +0.52% | $53.01B | 26.60% | $27.72B | 99.70 |
| 2001 | 3.60% | 2.37% | +1.23% | $35.00B | 21.52% | $17.70B | 97.77 |
| 2000 | 5.40% | 2.93% | +2.47% | $29.65B | 17.94% | $15.70B | 96.38 |
| 1999 | 3.30% | 2.48% | +0.82% | $38.20B | 22.81% | $22.91B | 100.77 |
| 1998 | 3.95% | 1.82% | +2.13% | $28.27B | 15.23% | $15.88B | 100.76 |
| 1997 | 3.75% | 2.18% | +1.57% | $29.60B | 17.64% | $19.61B | 98.57 |
| 1996 | 3.50% | 2.16% | +1.34% | $28.74B | 15.71% | $14.75B | 102.73 |
| 1995 | 4.60% | 2.08% | +2.52% | $27.38B | 14.68% | $11.65B | 104.50 |
| 1994 | 5.50% | 2.00% | +3.50% | $28.06B | 17.20% | $9.68B | 100.47 |
| 1993 | 6.75% | 1.22% | +5.53% | $28.42B | 20.73% | $10.94B | 94.87 |
| 1992 | 13.00% | 2.11% | +10.89% | $21.64B | 14.66% | $11.60B | 93.62 |
| 1991 | 9.50% | 2.41% | +7.09% | $17.80B | 11.82% | $7.99B | 92.62 |
| 1990 | 8.50% | 2.65% | +5.85% | $22.62B | 15.29% | $11.23B | 96.67 |
| 1989 | 7.00% | 4.78% | +2.22% | $18.01B | 14.78% | $7.05B | 92.94 |
| 1988 | 7.00% | 4.53% | +2.47% | $20.12B | 18.09% | $11.43B | 94.84 |
| 1987 | 7.00% | 3.99% | +3.01% | $20.97B | 17.56% | $10.85B | 95.88 |
| 1986 | 7.00% | 3.71% | +3.29% | $17.52B | 18.57% | $5.60B | 91.82 |
| 1985 | 7.00% | 4.68% | +2.32% | $12.49B | 17.50% | $5.96B | 86.05 |
| 1984 | 7.00% | 6.35% | +0.65% | $6.78B | 12.99% | $3.51B | 85.47 |
| 1983 | 7.00% | 6.87% | +0.13% | $7.87B | 14.60% | $4.24B | 87.66 |
| 1982 | 10.00% | 10.17% | -0.17% | $6.50B | 11.28% | $3.01B | 87.64 |
| 1981 | 11.00% | 11.70% | -0.70% | $6.20B | 10.70% | $3.20B | 89.73 |
| 1980 | 11.00% | 12.33% | -1.33% | $8.21B | 12.71% | $4.35B | 95.63 |
| 1979 | 11.00% | 9.59% | +1.41% | $8.71B | 12.95% | $4.08B | 103.91 |
| 1978 | 8.00% | 10.08% | -2.08% | $8.20B | 12.86% | $3.58B | 104.31 |
| 1977 | 9.00% | 11.13% | -2.13% | $6.03B | 11.99% | $1.91B | 103.05 |
| 1976 | 11.00% | 8.87% | +2.13% | $5.16B | 11.42% | $1.09B | 103.05 |
| 1975 | 7.50% | 9.76% | -2.26% | $4.05B | 11.09% | $1.06B | 100.76 |
| 1974 | 10.00% | 15.24% | -5.24% | $4.69B | 13.21% | $1.20B | 99.86 |
| 1973 | 9.00% | 9.28% | -0.28% | $4.00B | 14.03% | $1.45B | 96.85 |
| 1972 | 7.00% | 6.56% | +0.44% | $3.09B | 13.61% | $0.90B | 90.15 |
| 1971 | 7.50% | 5.88% | +1.62% | $2.55B | 13.22% | $0.73B | 89.42 |
| 1970 | 9.00% | 6.50% | +2.50% | $2.30B | 13.96% | $0.49B | 90.34 |
| 1969 | 9.00% | 3.49% | +5.51% | $2.17B | 14.60% | $0.45B | 90.11 |
| 1968 | 6.00% | 8.13% | -2.13% | $1.99B | 15.25% | $0.47B | 90.65 |
| 1967 | 7.50% | 8.12% | -0.62% | $1.74B | 14.81% | $0.54B | 90.57 |
| 1966 | 6.50% | 7.10% | -0.60% | $1.92B | 16.61% | $0.60B | 87.26 |
| 1965 | 6.50% | 6.85% | -0.35% | $1.65B | - | $0.59B | 84.53 |
| 1964 | 6.50% | 3.14% | +3.36% | $1.50B | - | $0.65B | 82.25 |
| 1963 | 5.50% | 6.18% | -0.68% | $1.21B | - | $0.47B | - |
| 1962 | 6.50% | 7.36% | -0.86% | $1.12B | - | $0.26B | - |
| 1961 | 6.50% | 3.46% | +3.04% | $1.06B | - | $0.28B | - |
| 1960 | 5.50% | 1.24% | +4.26% | $1.05B | - | $0.29B | - |
| 1959 | 5.00% | 1.73% | +3.27% | $1.05B | - | - | - |
| 1958 | 4.50% | 1.29% | +3.21% | $0.92B | - | - | - |
| 1957 | 5.50% | 3.19% | +2.31% | $0.83B | - | - | - |
| 1956 | 5.50% | 5.83% | -0.33% | $0.80B | - | - | - |
| 1955 | 5.50% | 4.51% | +0.99% | $0.83B | - | - | - |
| 1954 | 5.50% | 0.48% | +5.02% | $0.87B | - | - | - |
| 1953 | 4.50% | 0.46% | +4.04% | $0.88B | - | - | - |
| 1952 | 5.00% | 4.34% | +0.66% | - | - | - | - |
| 1951 | 5.00% | 11.44% | -6.44% | - | - | - | - |
| 1950 | 5.00% | 4.44% | +0.56% | - | - | - | - |
| 1949 | 3.50% | 1.57% | +1.93% | - | - | - | - |
| 1948 | 3.50% | 2.47% | +1.03% | - | - | - | - |
| 1947 | 3.50% | 2.53% | +0.97% | - | - | - | - |
| 1946 | 3.50% | -0.60% | +4.10% | - | - | - | - |
| 1945 | - | 1.06% | - | - | - | - | - |
| 1944 | - | 0.91% | - | - | - | - | - |
| 1943 | - | 1.86% | - | - | - | - | - |
| 1942 | - | 4.17% | - | - | - | - | - |
| 1941 | - | 19.40% | - | - | - | - | - |
| 1940 | - | 22.12% | - | - | - | - | - |
| 1939 | - | 1.44% | - | - | - | - | - |
| 1938 | - | 1.91% | - | - | - | - | - |
| 1937 | - | 2.95% | - | - | - | - | - |
| 1936 | - | 1.48% | - | - | - | - | - |
| 1935 | - | 3.49% | - | - | - | - | - |
| 1934 | - | 4.25% | - | - | - | - | - |
| 1933 | - | 2.48% | - | - | - | - | - |
| 1932 | - | -0.81% | - | - | - | - | - |
| 1931 | - | -6.06% | - | - | - | - | - |
| 1930 | - | -4.01% | - | - | - | - | - |
| 1929 | - | -1.17% | - | - | - | - | - |
| 1928 | - | -1.53% | - | - | - | - | - |
| 1927 | - | -5.11% | - | - | - | - | - |
| 1926 | - | -13.44% | - | - | - | - | - |
| 1925 | - | 1.72% | - | - | - | - | - |
| 1924 | - | 5.28% | - | - | - | - | - |
| 1923 | - | 5.71% | - | - | - | - | - |
| 1922 | - | -16.67% | - | - | - | - | - |
| 1921 | - | -14.29% | - | - | - | - | - |
| 1920 | - | 19.51% | - | - | - | - | - |
| 1919 | - | 17.14% | - | - | - | - | - |
| 1918 | - | 16.67% | - | - | - | - | - |
| 1917 | - | 15.38% | - | - | - | - | - |
| 1916 | - | 18.18% | - | - | - | - | - |
| 1915 | - | 15.79% | - | - | - | - | - |
| 1914 | - | 5.56% | - | - | - | - | - |