Outlook for the Danish economy - Slightly lower growth in the coming years

Analysis - September 2019 - No. 20

Authors Danmarks Nationalbank
Subject Danish Economy; Current economic and monetary trends; Recent economic and monetary trends; International Economy; Economic activity and employment
Type Analysis
Year 2019
Published 18 September 2019
The Danish economy has been in a boom phase in recent years. Over time, weaker growth abroad will affect the Danish economy, and prospects are for slightly lower growth rates over the coming years. The labour market is showing the first signs of a slowdown. The boom has evolved without considerable imbalances building up, and the Danish economy is well prepared for a slowdown. Slightly lower growth during a boom period is not an indication that fiscal policy should be eased.