The Danish economy is in a strong upswing

News – September 2017 – No. 8

Authors Danmarks Nationalbank
Subject Danish Economy; Current economic and monetary trends; Economic activity and employment; International Economy; Recent economic and monetary trends
Type News
Year 2017
Published 13 September 2017
The current upswing in the Danish economy is solid. The growth in GDP is expected to increase to 2.3 per cent in 2017 from 1.7 per cent in 2016. This is an upward adjustment compared with Danmarks Nationalbank's March forecast. So far the recovery during the upswing has been balanced. Although the employment rises rapidly and the pressure on the labour market – especially in the construction sector – intensifies, there is a good chance that the balanced development can continue.