Denmark: 2018 Article IV Consultation-Press Release and Staff Report
IMF Staff Country Reports, June 20, 2018
Source details
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- Denmark: 2018 Article IV Consultation-Press Release and Staff Report
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Bibliographic details
- Published: June 20, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484362433.002
Executive summary and outlook
- The Danish economy "continues to enjoy solid growth."
- The output gap "has seemingly closed for the first time since the global financial crisis."
- The outlook is for continued robust growth, "projected to exceed its trend in the near term, reaching 2.0 percent in 2018 and 1.9 in 2019."
Labor market and capacity
- Unemployment is "low and close to its estimated structural level."
- There are "signs of labor shortages and capacity constraints in some sectors."
Prices and inflation
- Inflation "remains subdued."
Housing market and household balance sheets
- "Property prices in urban areas are rising swiftly."
- Household debt "remains elevated despite recent deleveraging."
Structural constraints and growth potential
- The report highlights "increasingly binding constraints" that point to "Denmarkâs reduced growth potential."
- These constraints reflect "structurally weak productivity growth and the post-crisis investment slowdown."
Key publication facts and identifiers
- Pages: 53
- Volume: 2018
- Issue: 177
- Series: Country Report No. 2018/177
- DOI: https://doi.org/10.5089/9781484362433.002
- ISBN: 9781484362433
- ISSN: 1934-7685
Denmark: 2018 Article IV Consultation-Press Release and Staff Report, IMF Staff Country Reports 2018, 177.
Content in this bundle
- Country Report