Insights | Nordea

2024-01-28

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.

Man jumping on an observation deck at the coast

2024-01-28

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.

2024-01-28

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.

2024-01-28

Economic Outlook

Handbrake on for the Finnish economy

High interest rates have sent the Finnish economy into a recession. The outlook for the first half of the year is unfavourable for private consumption, construction and exports alike.

2024-01-28

Economic Outlook

Finland in search of lost productivity

Finland is in desperate need of investments in education, research and development in order to boost productivity growth, which has stalled for the past 15 years, to being on par with peer countries.

Solar energy field and wind turbines seen from the air during sunrise

2024-01-16

Corporate insights

Nordic cleantech: Light at the end of the tunnel

After several difficult years, the Nordic cleantech sector looks set for a comeback. Some of the past headwinds are receding and may even turn into tailwinds, according to a new report from Nordea’s ESG Research team.

Customer using smart phone to scan QR code

2024-01-15

Fraud

Are you on top of quishing? A new fraud method

We have phishing, vishing and smishing. Now we also have quishing. This is a new fraud method where the fraudsters now use a QR code.

2024-01-10

Entrepreneurship

Everybody should have equal access to an active life

Lasse W. Madsen, who was last year's winner of our Danish Handipreneur prize, insists that all amputees should be able to afford a prosthetic leg. That has given both himself and other leg amputees all over the world their future back.

Businesswoman in green office looking out of window1920x1080.jpg

2024-01-08

Insights

What lies ahead – our experts share their views on 2024

Have a look at our different economic comments country by country for 2024.

2024-01-05

Nordea On Your Mind

AI is not likely to replace people, but people with AI may replace those without it

OpenAI’s launch of ChatGPT sparked a surge of interest in artificial intelligence (AI) and its productivity-boosting use cases, as well as fears of human job losses. Don’t panic, says Philip Widegren, Data Science Lead at Nordea’s AI Hub.

2023-12-22

Economy

Chief Economist's Corner: A challenging year lies ahead

Developments in the world economy and the financial markets in 2023 were fortunately much better than feared. Now a new year awaits us, which already promises to be very challenging, according to Nordea Group Chief Economist Helge Pedersen.

2023-12-21

Insights

Feeling in control of your finances leads to less worry – regardless of income

Having control over one's finances makes us less worried – regardless of income. This correlation is significant in our Nordic survey, Nordic Pulse, and the result is equally clear in all Nordic countries.