Economics
Denmark Raises Growth Outlook as Upswing Offsets Virus Surge
- GDP growth seen at 3.9% in 2021, matching fastest in 27 years
- Denmark’s finance ministry presented its forecasts on Friday
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Denmark now sees its economic growth matching the fastest pace in almost three decades, predicting an outbreak of the new virus variant won’t derail a boom in the Nordic nation.
Gross domestic product will probably expand by 3.9% this year, up from a previous forecast of 3.8%, the finance ministry said in a statement. The forecast, that would equal the increase in 2006 and hasn’t been exceeded since 1994, was first reported by Bloomberg on Thursday.