Follow the economy across the Nordic countries and economic changes worldwide.
Economy
The international political landscape has changed dramatically. This increases the need for Europe to turbocharge plans to secure its strategic autonomy – and this starts now with the build-up of EU's defence capabilities.
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Economy
Trumponomics will probably not lead to much lower growth in Norway’s economy or more rate cuts from Norges Bank. To the contrary, we’ve strengthened our view that the number of rate cuts will be few.
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Economy
Small open economies are vulnerable to disruptions in global trade. However, the impact of Trump’s potential tariffs on the Nordic and Euro-area economies depends very much on the confidence effect, according to our economists in a new analysis.
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Corporate insights
It has been 100 days since Donald Trump de facto assumed office as President of the US. It is fair to say that he has been transforming the US fundamentally ever since through executive orders and has challenged the rules-based international cooperation.
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Economy
Denmark is navigating current global uncertainty from a position of economic strength, according to experts at Nordea’s recent Danish Economic and Government Debt Symposium. Can consumer confidence and household spending catch up with the country’s economic resilience?
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Economic Outlook
Even with only two rate cuts, we expect housing prices to grow by nearly 10% in 2025. After declining sharply for two years, housing construction may finally benefit from some tailwinds. Yet, a weak NOK and higher construction activity in Europe could soon pose new challenges for the construction sector. Who will build all the new homes?
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Economic Outlook
Economic growth in Norway picked up last year and is now back at normal levels. Unemployment has remained stable at a low level since last summer. Growth should increase further in the period ahead.
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Economic Outlook
The US has become the most important export market for Finland. This makes Finland quite sensitive to any trade barriers imposed by the US. In addition to direct tariffs, indirect effects such as counter-tariffs, foreign exchange rates and increased uncertainty will have an impact on Finland’s economy.
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Economic Outlook
The Finnish economy has seen cautious growth, but the economic cycle remains weak. Consumers are still cautious, even though purchasing power has started to improve and interest rates have fallen.
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Economic Outlook
The conditions are in place for a recovery in domestic demand – the main drivers are lower interest rates and stronger household purchasing power. Inflation remains low, and the Riksbank will likely cut its policy rate further.
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Economic Outlook
Sweden is at the forefront of technology and R&D. This is one of the reasons for Sweden’s relatively bright growth prospects.
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Economic Outlook
The Danish economy is on a firm footing, and we expect it to continue to grow in 2025, supported by further central bank rate cuts and rising household purchasing power.
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