Denmark's economic growth forecast to slow in next two years
Translated from Danish, summarized and contextualized by DistantNews.
At a glance
- Denmark's economy is projected to slow down over the next two years, with GDP growth expected to be 2.7% this year and 1.6% in 2027.
- Higher growth in 2026 is attributed to the pharmaceutical industry, but a slowdown is anticipated in 2026 and 2027 due to Middle East tensions impacting energy prices and financial markets.
- The forecast comes from the Ministry of Economic Affairs.
Denmark's economic growth is set to moderate over the next two years, according to a new forecast from the Ministry of Economic Affairs. The economy is expected to grow by 2.7 percent this year, followed by a slower 1.6 percent in 2027. This contrasts with the 2.9 percent growth recorded in 2025.
The ministry attributes the relatively strong growth anticipated for 2026 primarily to expansion within the pharmaceutical industry. However, the forecast warns of a slowdown in growth during 2026 and 2027. This anticipated deceleration is linked to the ongoing situation in the Middle East, which has led to increased energy prices and volatility in global financial markets.
The report, issued by the Ministry of Economic Affairs, provides a cautious outlook for the Danish economy, highlighting both sector-specific strengths and broader geopolitical and economic challenges that could impact future performance.
Originally published by Berlingske in Danish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.