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Macro - Country Economic Forecasts - Denmark

Publisher Oxford Economics
Published Mar 18, 2025
Length 8 Pages
SKU # OFE19929285

Description

We kept our 2025 GDP growth forecast for Denmark at 3.3%, with growth slowing to 1.9% in 2026. Supportive fiscal policy, steadily improving non-pharma manufacturing, and positive real income growth are the key growth drivers this year. Rate cuts are easing financial conditions but are unlikely to prompt a private investment splurge due to high tariff uncertainty weighing on the broader global growth outlook.

Table of Contents

8 Pages
Denmark: Defence spending splurge to have limited growth impact
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy and politics

Pricing

Currency Rates
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