Denmark’s economy has outperformed everyone

According to The Economist magazine, Denmark’s economy performed the best during the pandemic 

A few months ago, the government revealed that it expected the economy to have grown by 3.8 percent by the end of 2021, in spite of the pandemic. 

Now The Economist magazine has echoed that sentiment by ranking Denmark top of the pops in regards to the performance of economies during the pandemic.

Denmark was ranked first out of 23 wealthy OECD countries, ahead of Nordic neighbours Norway and Sweden. 

The list is based on GDP development, investment levels, household income, public debt and share prices.

READ ALSO: Danish economy peaking right now

2022 looks promising
“The overall picture has been remarkably benign, even as several variants of the coronavirus emerged during the year. But it hides stark differences beneath,” wrote The Economist.

“The pandemic has created winners and losers—and the dispersion between them is likely to persist in 2022.” 

That statement fits well with the government’s expectation in August that the positive trend was set to continue in 2022. For Denmark, at least. 

Meanwhile, Spain finished bottom on The Economist ranking, behind the UK, Japan and Germany.

The US was ranked 10th, followed by Canada (11th), France and Italy (both 15th).





  • How internationals can benefit from joining trade unions

    How internationals can benefit from joining trade unions

    Being part of a trade union is a long-established norm for Danes. But many internationals do not join unions – instead enduring workers’ rights violations. Find out how joining a union could benefit you, and how to go about it.

  • Internationals in Denmark rarely join a trade union

    Internationals in Denmark rarely join a trade union

    Internationals are overrepresented in the lowest-paid fields of agriculture, transport, cleaning, hotels and restaurants, and construction – industries that classically lack collective agreements. A new analysis from the Workers’ Union’s Business Council suggests that internationals rarely join trade unions – but if they did, it would generate better industry standards.

  • Novo Nordisk overtakes LEGO as the most desirable future workplace amongst university students

    Novo Nordisk overtakes LEGO as the most desirable future workplace amongst university students

    The numbers are especially striking amongst the 3,477 business and economics students polled, of whom 31 percent elected Novo Nordisk as their favorite, compared with 20 percent last year.