{
  "title": "Denmark: 2021 Article IV Consultation-Press Release; Staff Report; and Staff Supplement",
  "publication": "IMF Staff Country Reports, June 14, 2021",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2021/06/14/denmark-2021-article-iv-consultation-press-release-staff-report-and-staff-supplement-50207",
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  "summary": "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.",
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      "heading": "Summary findings",
      "content": "- 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.\n- The outlook is for a rebound in activity, but uncertainty remains elevated with risks tilted to the downside.\n- Macrofinancial vulnerabilities persist as housing price growth has accelerated and household debt remains high.\n- The current account declined but remains in surplus."
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    {
      "heading": "Outlook and risks",
      "content": "- Rebound in activity is expected.\n- Elevated uncertainty with risks tilted to the downside."
    },
    {
      "heading": "Macrofinancial vulnerabilities",
      "content": "- Accelerated housing price growth.\n- High household debt."
    },
    {
      "heading": "External sector",
      "content": "- Current account declined but remains in surplus."
    },
    {
      "heading": "Thematic subjects and keywords",
      "content": "- Subject: COVID-19, Financial institutions, Health, International organization, Labor, Labor markets, Loans, Monetary policy, Production, Productivity, Securities\n- 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\n\n---\n\n Content in this bundle\n\n- 1dnkea2021001\n  - 1dnkea2021001 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1dnkea2021001 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: June 14, 2021",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781513573212.002",
    "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.",
    "Rebound in activity is expected.",
    "Elevated uncertainty with risks tilted to the downside.",
    "Accelerated housing price growth.",
    "High household debt.",
    "Current account declined but remains in surplus.",
    "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",
    "**1dnkea2021001**"
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