Research Briefing

Denmark | Country Economic Forecast April

Why big fiscal deficits and low inflation can coexi (33)

Lockdown measures likely caused the economy to contract by 1.5% in Q1, but we see growth recovering strongly throughout the rest of the year.
Given Denmark’s stronger health situation relative to other European countries, the government is planning to have reopened vast swathes of the economy once all people over age 50 have been vaccinated.

What you will learn:

  • Forecast up to 2024 for key economic indicators such as GDP, domestic demand and private consumption 
  • The impact of the vaccine rollout on the relaxation of restrictions
  • Near-term outlook

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