Economy
Economic and financial news and information from Denmark.
Denmark's national bank hikes key interest rate in line with ECB
The National Bank of Denmark has followed the ECB in increasing its key interest rate – the certificates of deposit rate – by 0.25 percentage points to 2.1 percent.
Danish households more positive about the economy
Consumer trust among Danish households has risen, according to new figures, with above average numbers for August compared to the previous six months.
New figures show slight rise in Danish unemployment
Seasonally adjusted figures for last month show that the number of unemployed people in Denmark rose slightly by 300 full time positions to 93,700, continuing a small upwards trend in Danish unemployment.
New forecast: Danish economy performing better than expected
A new forecast predicts that the Danish economy is going to perform much better this year than previously expected, despite international instability, tariffs and higher oil prices.
EU breathes sigh of relief over new Trump tariffs
The European Union expressed relief Friday over a new wave of US tariffs imposed by Washington on trading partners, following concerns of possible retaliation to a massive fine Brussels had slapped on US giant Google.
EU seeks Trump tariff exemptions on wine and cheese
The EU has asked the US for tariff exemptions on more products, a spokesman said on Wednesday, including cheese and wine.
Climate change to blame as heatwave hits Europe's economies
Human-caused climate change is "unequivocally" responsible for the intensity of a record-breaking heatwave scorching Europe, scientists said Friday, while experts consider the costs for an economy as productivity melts and growth becomes lethargic.
How companies in Europe are struggling to recruit workers from outside the EU
Almost half of European small and medium companies struggle to find workers with the skills they need but recruitment outside the EU remains “limited” and “too difficult”, a recent Eurobarometer survey published by the European Commission had shown.
Incomes in Copenhagen rise by twice the rate as rest of Denmark
People living in Copenhagen have seen their income after tax rise by a whopping 21.5 percent over the past decade, more than double the rate of increase for Denmark as a whole, according to a new analysis.
Danish employment rate hits record-high despite Novo Nordisk layoffs
A total of 3,084,600 people were in paid employment in Denmark last month, according to new figures from Statistics Denmark, which is a new record.
Blockbuster EU-Mercosur trade deal enters into force
The European Union's mammoth trade deal with South American bloc Mercosur provisionally enters into force Friday, despite a pending court ruling on its legality.
Denmark’s central bank warns Middle East war could affect economy
Nationalbanken, Denmark’s central bank, said in a new forecast on Thursday that the current stable economy could be affected in the long term by the war in the Middle East.
Billions on defence and lower VAT: Denmark reveals 2035 spending plan
The Danish government on Tuesday presented a new state spending plan covering the period until 2035, but said that it does not leave much in the way of remaining funds.
How many Danish parents financially support their adult children?
A large proportion of Danes with adult children aged 18-29 support them financially, a new survey has revealed.
Why Danish exports to the US have gone up over the last year
Danish exports to the United States were up in 2025 despite the introduction of tariffs and a falling exchange rate with the US dollar.
How would Trump’s Greenland tariffs affect the Danish economy?
US President Donald Trump has threatened to hit Denmark with tariffs in response to a military exercise in Greenland. How would the act affect the Danish economy?
European leaders denounce Trump's tariff threats over Greenland
European leaders on Sunday hit back at US President Donald Trump's threat of tariffs over their opposition to his designs on Greenland, with far-right Italian leader Giorgia Meloni urging Washington against making a "mistake".
EU to ink long-awaited trade deal with South American bloc
The European Union will on Saturday sign a deal 25 years in the making with the South American trade bloc Mercosur, creating one of the world's largest free trade areas at a time of growing protectionism and volatility.
Trump threatens tariffs as US lawmakers back Denmark, Greenland
Donald Trump on Friday warned that he could slap tariffs on countries that do not support his Greenland takeover plans, as US Congress members visited Copenhagen to give their backing for Denmark and its autonomous Arctic island.
Danish government seals 2026 budget after making deal with Conservatives
Denmark’s government presented the 2026 budget agreement on Thursday after making a deal with the opposition Conservative party.
What's in store for Denmark's economy during the rest of 2025?
The Danish government’s latest economic projections were published on Wednesday, predicting overall growth by the end of this year despite global instability and a slow start to 2025. Wages and employment could also grow both this year and in 2026.
Cost of living in Denmark so far avoids potential trade war effects
Consumer prices in Denmark were 1.5 percent higher in April than in the same month in 2024, according to new figures from Statistics Denmark.
Danish stock market falls at opening after Easter break
Denmark’s C25 index opened in the red on Tuesday following the Easter holiday.