Denmark: Staff Report for the 2014 Article IV Consultation
IMF Staff Country Reports, December 9, 2014
Source details
- Canonical URL
- Denmark: Staff Report for the 2014 Article IV Consultation
Other formats
Bibliographic details
- Published: December 9, 2014
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484312612.002
Overview
- The Danish economy is recovering slowly and unevenly.
- The economy contracted slightly in 2013.
- The recovery is likely to continue but remain fragile.
Growth projections
- Annual growth is estimated at 0.7 percent in 2014.
- Projected to increase to 1.4 percent in 2015.
- Projected to trend to slightly above 2 percent thereafter.
Drivers of growth and headwinds
- Headwinds:
- Trend decline in North Sea oil and gas production.
- Decline in exports to euro-area partners.
- Support:
- Private domestic demand.
- Non-oil exports.
Subjects and keywords
- Subjects: Financial institutions, Fiscal policy, Fiscal stance, Housing, Housing prices, Loans, Mortgages, Prices
- Keywords: CR, data, economy, economy well, exchange arrangement, financial system profitability, Fiscal stance, Global, holding, Housing prices, interest deductibility, ISCR, liability positions vis-à-vis nonresident, Loans, mortgage credit system, Mortgages, rate, statistics, statistics Denmark
Denmark: Staff Report for the 2014 Article IV Consultation, December 9, 2014 — International Monetary Fund