Scandinavian Working Papers in Economics

Nationaløkonomisk tidsskrift,
Nationaløkonomisk Forening

The National Wealth of Denmark 1845-2013 in a European Perspective

2016, Volume 2016, issue 1, pp. 19

Kim Abildgren ()
Additional contact information
Kim Abildgren: Danmarks Nationalbank, Postal: Langelinie Allé 47, 2100 København Ø, Denmark

Abstract: This article presents annual estimates on the national wealth of Denmark 1845- 2013 and explores the long-term development of wealth-to-income ratios in two small open Scandinavian economies (Denmark and Sweden) and three large European economies (France, UK and Germany). Denmark seems to have followed the same U-shaped pattern as the larger European economies and had prior to World War I wealth-to-income ratios at the same level as those countries.

Keywords: National wealth; Economic history

JEL-codes: E01; N33; N34

Language: English

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