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

Tags: DenmarkEuropeMacroNordicRecoveryVaccine rollout
Back to Resource Hub

Related Services

Takaichi’s big win doesn’t affect the fiscal outlook for Japan

Takaichi’s big win doesn’t affect the fiscal outlook for Japan

The ruling Liberal Democratic Party's (LDP) landslide election victory on Sunday doesn't change our expectation of a primary fiscal deficit of 2%-3% of GDP in FY2026-FY2028 – we still see the deficit only starting to decline from FY2029. We also keep our view that the 10-year Japanese government bond (JGB) yield will be at 2.3% at end-2026 and 2.5% at end-2027 and beyond.
US and Chinese strength won’t boost all other economies

US and Chinese strength won’t boost all other economies

Upward revisions to US and Chinese GDP growth in Q4 meant that the previously anticipated soft end to 2025 failed to materialise.