Danish Economy to Outpace Nordics Despite Novo Woes, Danske Says

Denmark’s economy is poised to expand at the fastest pace in the Nordic region this year, even as pharmaceutical giant Novo Nordisk A/S grapples with slowing sales, according to the country’s largest lender.

Danske Bank A/S raised its 2026 growth forecast for Denmark to 3% from 2.7% seen in December, citing resilient domestic demand and continued strength in drug manufacturing. The lender also sees Sweden’s economic output increasing 2.8%, while momentum in Norway slows and growth in Finland remains subdued, according to a report on Wednesday.