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Jan 9, 2024 · Economic Survey of Denmark - 9 January 2024. Following a robust recovery, growth has slowed and the Danish economy has been running at two speeds. Headline inflation has fallen, but underlying price pressures remain high. While the public finances are robust with a budget surplus and low public debt, population ageing poses long-term risks to ...
Jun 23, 2021 · In 2022 and 2023, GDP is expected to grow by 3.7 per cent and 2.2 per cent, respectively, bringing the Danish economy into a moderate boom. Growth for the remainder of 2021 and 2022 is expected to be driven by private consumption, supported by high savings. Exports will also expand further, boosted by fast export market recovery.
As economic activity normalises, our baseline forecast is that real GDP growth will rise in 2025-28, but remain below average growth rates in 2015-19. Read more: Denmark's economy shrinks by 0.1% in Q3
The Danish economy has recovered quickly from the COVID-19 crisis. Rapid action to support firms and households contained the economic contraction to one of the mildest in Europe, while fast vaccine rollout enabled the removal of shutdown restrictions and an early reopening.
22. DENMARK. A broad-based expansion is projected over the forecast horizon. Output and employment have already exceeded pre-pandemic levels and are expected to make further gains, notwithstanding ongoing supply chain disruptions. The fiscal deficit is likely to remain modest this year before turning into surplus as from 2022.
The Danish economy is recovering strongly from the COVID-19 crisis, with growth of 4.7% this year, projected to ease to 2.4% in 2022 and 1.7% in 2023. A rapid rebound in private consumption as the economy reopened from March saw GDP and employment exceed their pre-crisis levels in the second quarter of 2021.
Country. Most Recent Year. Most Recent Value. (Millions) GDP (current US$) - Denmark from The World Bank: Data.
