# Denmark Credit Rating & Sovereign Risk Score

Makrognosis sovereign credit model scores Denmark at 98 out of 100 as of 9 November 2026, equivalent to AAA on the familiar letter scale — upper investment grade.
The score is down 0.3 points from 98 on 1 October 2026.
That places Denmark 3rd of the 84 economies the model scores; Russia has the highest score at 100.
Key inputs include government debt of 27.1% of GDP, a fiscal balance of 2.9% of GDP, a current account balance of 12.3% of GDP.
This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.

- Source: Makrognosis sovereign credit model
- Makrognosis code: `CREDIT:DK`
- Scale: 0–100 (100 = strongest credit); grade equivalent is model-implied
- Page: https://makrognosis.robomacro.com/data/denmark/credit-rating

## Score history

| Date | Score | Grade equivalent |
|---|---:|---|
| 2026-11-09 | 98.2 | AAA |
| 2026-10-01 | 98.5 | AAA |
| 2026-07-31 | 98.5 | AAA |
| 2026-07-30 | 100.0 | AAA |
| 2026-07-26 | 99.6 | AAA |
| 2026-06-21 | 95.8 | AA+ |
| 2026-06-18 | 100.0 | AAA |

## Inputs

| Input | Value |
|---|---:|
| GDP per capita | US$79,165 |
| Real GDP growth, 5-year average | 3.1% |
| Inflation, recent average | 1.7% |
| Government debt | 27.1% of GDP |
| Fiscal balance | 2.9% of GDP |
| Current account balance | 12.3% of GDP |
| Foreign-exchange reserves | 4.4 months of imports |
| Net international investment position | 97.8% of GDP |
| Governance (World Bank WGI composite) | 1.80 |

## API

```
GET https://makrognosis.robomacro.com/v1/credit/DK
```