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Denmark saw highest public surplus in EU in 2021

Christian Wenande
April 29th, 2022


This article is more than 2 years old.

Meanwhile gross public debt was among the lowest out of all 27 member states in the union 

Leading the way (photo: Danmarks Statistik)

Following two tough years of COVID-19, you’d be forgiven for thinking that Denmark’s public finances would be in disarray. 

But they’ve actually been performing quite admirably, according to new data from Danmarks Statistik.

The figures reveal that Denmark enjoyed a public sector surplus of 58.7 billion kroner in 2021 – about 2.3 percent of GDP. 

That puts Denmark top of the EU list. In fact, only one other country, Luxembourg, had a public sector surplus last year.

On average, the 27 member states had a deficit of 4.7 percent of GDP.

READ ALSO: Government wants to increase work transport deduction

Tough times
Denmark’s gross public debt was 917.3 billion kroner at the end of 2021 – which is a debt of 36.7 percent of GDP. 

That ranks Denmark among the five lowest in the EU and among 13 of 27 member states that lived up to the Economic and Monetary Union (EMU) debt criteria as stipulated by the Maastricht Treaty.

Under normal circumstances, gross public debt must make up a maximum of 60 percent of GDP.

But by the end of 2021, the 27 member states had an average gross public debt of 88.1 percent, with a quartet of southern European countries leading the way (see below).

(photo: Danmarks Statistik)

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Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”