Denmark expects slower growth over next 2 years due to Mideast tensions
Denmark’s Economic Affairs Ministry expects economic growth to slow over the next two years, according to a new forecast released on May 23.
The ministry projects gross domestic product (GDP) growth of 2.7 percent in 2026, before easing to 1.6 percent in 2027, reflecting a weaker economic outlook and growing external uncertainties, public broadcaster DR reported.
Officials said a slowdown in growth is expected to become apparent during the current year, citing the “escalating situation in the Middle East” as a key factor behind rising energy prices and increased volatility in financial markets.
The ministry also pointed to mounting competition in the weight-loss drug market, saying it expects the pharmaceutical sector to make a smaller contribution to economic growth than in recent years.
