Denmark’s real GDP grew by 3.5% in 2024, well above Western Europe’s 1.2% average, fuelled by higher private and public spending, capital investment, and strong exports. Inflation fell to 1.4%, boosting consumer confidence, while the central bank rate dropped to 2.8%, supporting growth. Despite a projected slowdown in real GDP growth to 2.5% in 2025, Denmark’s long-term outlook remains positive, underpinned by a robust fiscal position and low public debt.
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The Country Briefings series examine market potential, economic and consumer trends impacting each country and how they are set to change.
Each Country Briefing covers one of these topics:
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Economy, Finance and Trade: Denmark
HEADLINES
Denmark’s balanced growth supported by equality and economic resilience
Stable inflation and lower policy rates to foster Denmark’s economic recovery
Denmark’s trade growth driven by chemicals, minerals and strategic partnerships
Strong fiscal position and budget surplus in Denmark drive stability
COUNTRY RISK ANALYSIS
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