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Denmark Interest Rate

Denmark Interest Rate

Certificates of Deposit Rate in Denmark

The Certificates of Deposit Rate ended 2022 at 1.75%, down with the -0.60% end-2021 value and down with the reading of -0.10% a decade earlier. For more interest rate information, visit our dedicated page.

Denmark Interest Rate Chart

Note: This chart displays Policy Interest Rate (%) for Denmark from 2022 to 2021.
Source: Danmarks Nationalbank.

Denmark Interest Rate Data

2018 2019 2020 2021 2022
Certificates of Deposit Rate (%, eop) -0.65 -0.75 -0.60 -0.60 1.75
3-Month CIBOR (%, eop) -0.28 -0.40 -0.23 -0.28 2.45
10-Year Bond Yield (%, eop) 0.22 -0.17 -0.46 0.05 2.71
Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Danish interest rate projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable interest rate forecast available for Danish interest rate.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Danish interest rate projections.

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