Insights

Economic Outlook

Denmark's economic outlook: Well positioned

In a world of political uncertainty, the Danish economy is well positioned to handle future challenges. The foundation lies in the labour market, where record-high employment helps ensure robust public finances.

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Economic Outlook

Chief economist: Strong growth in the Nordic countries over the coming years

The global economy was characterised by a high degree of resilience in a tumultuous 2025, with the prospect of renewed growth in 2026. However, there are significant risks are associated with the unpredictable geopolitical situation.

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Economic Outlook

Consumers are critical for growth in Finland

The increase in household saving has kept private consumption subdued in recent years. We examine how alternative assumptions about the savings ratio in the forecast years will affect consumption, employment and economic growth.

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Economic Outlook

Finnish economic outlook: Waiting for the turnaround

Finland’s economic growth has been slow to materialise. Weak consumer confidence and falling housing prices continue to hold back private consumption and construction investments. However, the fundamentals of the economy have improved, so the conditions for recovery are present. There are already signs of improvement in the manufacturing sector.

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Economic Outlook

Growing demand for NOK

Movements in the NOK exchange rate are closely tied to structural net NOK transactions. After several years of persistent negative pressure, in which many market participants had an underlying need to sell NOK, we are now seeing signs of a shift in main flows, indicating a gradual strengthening of the NOK in 2026.

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Economic Outlook

Norwegian economy: Moderate outlook

The Norwegian economy has picked up but has recently been slightly weaker than estimated. While many areas of the economy are doing well, others are more challenging.

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Economy

Chief Economist's Corner: Welcome to 2026

The global economy proved to be more resilient to President Trump's aggressive trade policy than many feared. This provides the basis for a tempered – but real – optimism as we enter the new year.

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Sustainable finance

SFDR revision: New thresholds for sustainable financial products

The European Commission has unveiled its long-awaited revision to the Sustainable Finance Disclosure Regulation (SFDR), with new categories, thresholds and a focus on measurable indicators.

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Insights

Setting the plan for your financial year 2026? Get insights from our local experts

Want to know what to expect in 2026 when it comes to markets, investments, and your personal finances in the Nordics? We've gathered local expert analysis, outlooks, and insights from across our markets for you to explore.

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Economy

Chief Economist's Corner: Housing price spiral in motion

Housing prices are setting records, and especially in the Copenhagen area there has been significant pressure. The government now wants to introduce a more lenient financing model, but it will hardly lead to the desired result.

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Business growth

Buddy Energy – smart energy for buildings of the future

When the electricity market became increasingly unpredictable, three companies saw an opportunity to think differently. The result was Buddy Energy – an energy company that helps property owners transition to more sustainable and cost-efficient energy use. With support from Nordea, the company is now ready to grow – quickly and sustainably.

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Sustainability

Nordic companies stick to climate goals despite global uncertainty

Amid geopolitical tensions and fractured global cooperation, Nordic companies are not retreating from their climate ambitions. Our Equities ESG Research team’s annual review shows stronger commitments and measurable progress on emissions reductions.

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