Denmark PESTLE Insights - A Macroeconomic Outlook Report

Denmark PESTLE Insights - A Macroeconomic Outlook Report

Summary

Financial intermediation, real estate and business activities contributed 23.3% to the gross value added (GVA) in 2022, followed by wholesale, retail and hotel activities (20.8%) and mining, manufacturing and utilities activities (17.9%). In nominal terms, the three sectors are expected to grow by 0.6%, 0.6% and 0.9%, respectively, in 2023.

Three major metropolitan areas in Denmark generated 70.3% of Denmark’s GDP and were home to 63.3% of the country’s population, as of 2022, according to GlobalData cities database

Overall, the OMX Copenhagen 20 exhibited an upward trend over last year. As of October 4, 2023, the index stood at 2,090.8, compared to 1,588.4 on October 4, 2022.

Scope

• Denmark's government has introduced the Denmark Forward plan, earmarking DKK160 billion ($22.6 billion) for infrastructure improvements through 2035. This investment will primarily focus on enhancing the country's road and railway systems, aiming to benefit both the public and businesses.

Reasons to Buy

• Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
• PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
• Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
• This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.