Denmark: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Denmark

June 20, 2017

Preview Citation

Format: Chicago

Denmark: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Denmark, (USA: International Monetary Fund, 2017) accessed September 20, 2024

Summary

This 2017 Article IV Consultation highlights the recovery of the Danish economy, which is approaching potential, despite growth in recent years that has been markedly slower than before the crisis. Unemployment is low and close to its estimated structural level, and capacity constraints are gradually starting to bind in some sectors. The coincidence of low output growth and increasingly binding constraints highlights Denmark’s reduced growth potential, reflecting structurally weak productivity growth and low domestic investment levels. The outlook is for continued moderate growth, projected at 1.5 percent in 2017 and 1.7 percent in 2018. Activity is expected to be driven by strong and increasingly balanced private demand.

Subject: Financial institutions, Fiscal policy, Fiscal stance, Housing prices, Labor, Labor supply, Mortgages, Prices

Keywords: CR, Europe, Fiscal stance, Global, Government finance statistics data, Headline inflation, House price, Housing prices, Investment fund, ISCR, Labor supply, Mortgage interest deductibility, Mortgages, Preliminary data, Private sector, Property tax, Staff appraisal, Staff projection

Publication Details

Pages:

63
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2017/158
Stock No:

1DNKEA2017001
ISBN:

9781484304594
ISSN:

1934-7685

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