Denmark: 2021 Article IV Consultation-Press Release; Staff Report; and Staff Supplement
IMF Staff Country Reports, June 14, 2021
Source details
- Canonical URL
- Denmark: 2021 Article IV Consultation-Press Release; Staff Report; and Staff Supplement
Other formats
Bibliographic details
- Published: June 14, 2021
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513573212.002
Summary findings
- Denmark entered the pandemic on a strong economic footing and utilized its large policy space built over time to successfully address the crisis and lay the ground for a strong recovery.
- The outlook is for a rebound in activity, but uncertainty remains elevated with risks tilted to the downside.
- Macrofinancial vulnerabilities persist as housing price growth has accelerated and household debt remains high.
- The current account declined but remains in surplus.
Outlook and risks
- Rebound in activity is expected.
- Elevated uncertainty with risks tilted to the downside.
Macrofinancial vulnerabilities
- Accelerated housing price growth.
- High household debt.
External sector
- Current account declined but remains in surplus.
Thematic subjects and keywords
- Subject: COVID-19, Financial institutions, Health, International organization, Labor, Labor markets, Loans, Monetary policy, Production, Productivity, Securities
- Keywords: COVID-19, EMU definition, Europe, government finance statistics data, Labor markets, liability positions vis-à-vis nonresident, Loans, money market rate, Productivity, Securities, staff appraisal
Content in this bundle
- 1dnkea2021001