Colliers Denmark Market Report 2025

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COLLIERS MARKET REPORT 2025

Stable economy that out grows eurozone and other Nordic economies Danish economy is robust, and Denmark is considered a safe country to invest in - and with good reason. Every year since 2016, Denmark has had a surplus in public finances and the largest surplus relative to GDP among EU countries since 2019. Furthermore, in 2023, Danish real GDP growth exceeded the eurozone average as well as the GDP growth of the other Nordic countries. The same scenario is forecast for 2024. In addition, growth in both GDP and employment is predicted to be higher for Copenhagen and Aarhus than for comparable Nordic cities. Real wages have bounced back to 2021 levels, and the ECB eased monetary policy in 2024 with four cuts in the key interest rate as inflation now seems tamed. Nevertheless, Danish GDP growth is expected to be slightly lower in 2024 than the year before, partly because recent years’ interest rate hikes continue to dampen consumer spending. However, Danish economic growth momen tum is still expected to be significantly stronger than the eurozone equivalent.