Economic Outlook
Solid growth for the Danish economy
In the coming years, the Danish economy is expected to continue to grow, especially as households will benefit from significant real wage increases.
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Follow the economy across the Nordic countries and economic changes worldwide.
Economic Outlook
Time for adjustment in the Finnish economy
High interest rates have sent the Finnish economy into a recession. Mortgage holders and the public sector are adapting their spending to respond to higher interest rates, which has weakened demand but will lead to more balanced finances.
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Economic Outlook
Can AI boost productivity in Finland?
Initial research suggests that using artificial intelligence can significantly improve productivity. Due to its high digital readiness, Finland is in a good position to leverage AI. After all, AI creates an opportunity for Finnish companies to get back on the productivity growth track.
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Economy
Riksbank governor: On track for cutting interest rates in Sweden
Interest rate cuts appear to be on the horizon in Sweden. But when and how quickly will they come? One of the country's top monetary policymakers, Riksbank Governor Erik Thedéen, shared his insights with Nordea's institutional clients at an event in Copenhagen.
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Economy
Denmark’s finance minister: ‘We’re not yet out of the woods’
At a recent event for Nordea’s institutional clients, Danish Finance Minister Nicolai Wammen shared the economic outlook and the government’s 2030 reform plan, while Kristine Rasmussen from Danmarks Nationalbank discussed the country’s funding needs in the coming year.
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Economic Outlook
Growth pause for the Danish economy
After several years of high growth, Danish economic activity has slowed down. The dampening is expected to be relatively mild and soon to be replaced by renewed progress during this year.
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Economic Outlook
Household debt burden on the decline in Sweden
Swedish household debt relative to income is falling for the first time since the mid-1990s – contributing to resilience in the long term, but raising questions about household spending and housing market trends in the near term.
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Economic Outlook
Public finances are rock-solid in Denmark
The trend in Denmark is opposite to that of many other countries where large public deficits have taken hold. The solid finances help to ensure stable, low interest rates in Denmark.
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Economic Outlook
The Norwegian economy and an energy price shock
In the next couple of years, activity in the Norwegian economy will be less affected by petroleum price changes than previously. But large energy shocks will impact price growth and thus Norges Bank’s interest rate decisions.
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Economic Outlook
Nordea Chief Economist: Increased chances of a soft landing
The prospects for the global economy are still relatively good despite significant monetary policy tightening. Inflation has fallen sharply, and central banks will likely start cutting rates this year. This increases the chances of a soft landing, but uncertainty is high.
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Economic Outlook
Norwegian economic outlook: Better times ahead
Slightly lower interest rates, continued high wage growth and low unemployment will gradually improve households’ purchasing power. We therefore foresee better times ahead for both the Norwegian economy and the housing market.
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Economic Outlook
Swedish economic outlook: Thicker ice
Sweden will see weak economic growth in the near term. Inflation will likely normalise and interest rates go down this year, which will provide support and lower the risks of a deep recession. However, the interest rate level will stay higher than before the pandemic.
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