Formal & Mobile Money Borrowing Statistics in Denmark (2026)
According to World Bank Global Findex data, 53.2% of adults in Denmark borrowed from a formal financial institution or using a mobile money account in 2021. Up from 46.3% in 2017 to 53.2% in 2021 (+6.8 percentage points). Denmark ranks #9 of 46 economies in Europe & Central Asia on this measure, and #17 of 142 globally.
Key Statistics
- Latest value (2021)
- 53.2% (2021)
- Formal & Mobile Money Borrowing in Denmark as of 2021, the most recent observation in World Bank Global Findex data.
- Change since 2017
- +6.8 pp (2021)
- Up from 46.3% in 2017 to 53.2% in 2021 (+6.8 percentage points).
- Earliest value in this dataset (2014)
- 41.2% (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 41.2% in 2014 to 53.2% in 2021.
- Record high (2021)
- 53.2% (2021)
- The 2021 value is the highest in the available World Bank Global Findex series for Denmark.
- Rank in Europe & Central Asia
- #9 of 46 (2021)
- Denmark ranks 9 of 46 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #17 of 142 (2021)
- Denmark ranks 17 of 142 countries with data globally.
- Europe & Central Asia average
- 33.4% (2021)
- Denmark (53.2%) is above the average of 33.4% across the 46 countries in Europe & Central Asia with data.
- Borrowed from a formal bank or similar financial institution (% age 15+) (2021)
- 53.2% (2021)
- Related indicator from World Bank Global Findex.
- Internet use in Denmark (2024)
- 99.8% (2024)
- 99.8% of the population in Denmark used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 6 million (2024)
- Denmark had a population of 6 million in 2024 (World Bank); shown for scale only.
Trend, 2014–2021
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2021 | 53.2% | +6.8 pp |
| 2017 | 46.3% | +5.1 pp |
| 2014 | 41.2% | — |
Frequently asked questions
What share of adults in Denmark borrowed from a formal financial institution or using a mobile money account?
53.2% of adults in Denmark borrowed from a formal financial institution or using a mobile money account in 2021, according to World Bank Global Findex data.
Where does the formal & mobile money borrowing data for Denmark come from?
The data comes from the World Bank Global Findex (indicator fin22a.22a1.22g.d). The latest observation for Denmark is from 2021; the snapshot was retrieved on 2026-06-10.
How has formal & mobile money borrowing in Denmark changed over time?
World Bank Global Findex data show a rise from 41.2% in 2014 to 53.2% in 2021.
How does Denmark compare with other countries in Europe & Central Asia?
Denmark ranks 9 of 46 countries in Europe & Central Asia with data, with 53.2% versus a regional average of 33.4% (latest values per country).
Source & methodology
Source: World Bank Global Findex, indicator
fin22a.22a1.22g.d, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .