## Denmark: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Alternate Executive Director for Denmark

_IMF Staff Country Reports, September 13, 2024_

## Source details

**Canonical URL:** [Denmark: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Alternate Executive Director for Denmark](https://www.imf.org/en/publications/cr/issues/2024/09/12/denmark-2024-article-iv-consultation-press-release-staff-report-and-statement-by-the-554777)

## Other formats

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## Bibliographic details
- Published: September 13, 2024
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400287480.002

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### Economic performance
- The Danish economy "has continued to expand at a robust pace, driven by an exceptional surge in the pharmaceutical."
- "The rest of the economy has remained relatively subdued, aside from the maritime and information and communication technology industries, reflecting sluggish demand."

### Inflation and energy
- "With a decline in global energy prices and lacklustre domestic demand, inflationary pressures have largely dissipated in recent months."

### Fiscal policy
- Policy priority: "to manage fiscal policy in a manner consistent with near-term cyclical conditions while taking account of long-term spending pressures without risking fiscal sustainability."
- Emphasis on balancing near-term cyclical responses with long-term fiscal sustainability given projected spending pressures.

### Financial stability
- "The financial system remains sound, but risks remain."
- Continued vigilance and policy measures are implied to preserve stability.

### Labor market and structural reforms
- Continued reform efforts are necessary "to boost labor supply and enhance productivity, aiming to sustain the welfare state."
- Reform priorities listed:
  - "enhancing work incentives"
  - "addressing skill mismatches by accepting more foreign talent"
  - "modernizing active labor market policies"
  - "enhancing education outcomes for children with immigrant backgrounds"

### Climate policy
- "Further actions are necessary to achieve climate mitigation targets and prepare for climate change."

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## Content in this bundle

- **1dnkea2024001-print-pdf**
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_Source: https://www.imf.org/en/publications/cr/issues/2024/09/12/denmark-2024-article-iv-consultation-press-release-staff-report-and-statement-by-the-554777_