Colliers Denmark Market Report 2025

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COLLIERS MARKET REPORT 2025

Copenhagen taking the lead ahead of major cities in the Nordics

1.3%

Copenhagen

Stockholm

1.2%

Oslo

Helsinki

1.1%

Aarhus

1.0%

Annual employment growth

Malmoe

0.9%

Bergen

Gothenburg

Tampere

0.8%

1.4%

1.8%

2.2%

2.6%

1.0%

Annual GDP growth

Note: Projected average growth in real GDP and employment (y/y), 2024-2028. Source: Oxford Economics, Colliers

Copenhagen and Aarhus set for highest growth in the Nordics

According to Oxford Economics, between 2024-2028, Copenhagen will experience the highest GDP growth and employment growth compared to the other Nordic cap itals. The sturdy growth contribution of Copenhagen’s pharmaceutical companies and the trade, transport and warehousing sectors are expected to be the main driv ers during this period. Significant growth is predicted for Aarhus too during the same period, with the city set to outrival comparable non-capital cities in the Nordic region in terms of both GDP growth and employment growth.