Economy

Follow the economy across the Nordic countries and economic changes worldwide. 

Economic Outlook

Sweden's knowledge economy

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

Global economic outlook: Risks both ways

The global economic outlook for 2025 reflects a very high level of uncertainty, and economic developments could easily surprise in either direction. Our baseline story remains unchanged, and we expect monetary policy easing to support growth especially in the Euro area and China – and in both regions consumer spending could surprise to the upside.

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Economic Outlook

Nordea's Chief Economist: Political risks have increased significantly

Global growth continues at a moderate pace. The US economy was boosted after the presidential election, while Europe is trying hard to catch up. Uncertainty is high and increasingly linked to political developments. Monetary policy rate cuts are coming to an end, and growth in the Nordic region will likely chiefly be driven by domestic demand in the coming year.

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Corporate insights

Chief Economist's Corner: Welcome to 2025

Trump, Germany and central bank rhetoric will be three factors that will define economic developments in the new year.

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Economic Outlook

Ready for 2025? Join our Nordea Economic Outlook webinar

Get valuable insights from our Group Chief Economist Helge J. Pedersen when he presents a new Nordea Economic Outlook, with our latest analyses and projections for the Nordic and global economies.

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Economy

Chief Economist's Corner: Will Trump be a wake-up call for Europe?

Economic and political problems are currently piling up in both Germany and France. But perhaps Trump's re-election will be a catalyst for major pan-European reforms.

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Economy

Chief Economist's Corner: The difficult interest rate journey

Interest rates are being cut quickly at the moment, and the course is set towards neutral - although no one quite knows what that level is, writes Nordea Group Chief Economist Helge Pedersen.

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Economy

Risk of a weaker NOK with Trump as president

Our Nordea forecast implies a slight further weakening of NOK towards year-end and a somewhat stronger NOK next year. But if Trump becomes president, the rate cut cycle in the US could soon end, and the USD could strengthen further. We therefore see a clear risk of a weaker NOK than our current forecasts imply.

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Economy

The US election: What’s at stake for the economy and markets?

An interesting US presidential election is drawing closer. While the result may not end up changing the medium-term outlook for the US economy significantly, the risks are real on many horizons.

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Economy

Chief Economist's Corner: Can Super Mario do it again?

The crisis is taking its toll on the EU, which is lagging further and further behind the US and China in the great economic race. Now Mario Draghi has presented a plan that may save the situation.

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Economic Outlook

Denmark's economic outlook: Calm waters

After some hectic years, the Danish economy is moving into a calmer period. Inflation is under control in both Denmark and the Euro area, boosting household purchasing power.

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Economic Outlook

Sweden enters new fiscal policy phase

Sweden's public finances are stable, which is and has been a strength – especially during the recent turbulent years with the pandemic, war and high inflation. Ahead of the next framework period, low government debt and an increased investment requirement open the door for a more expansionary fiscal policy.

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