Danemark Croissance Du Pib

Denmark’s economy contracted by 0.5% quarter-on-quarter in the first quarter of 2025, after a downwardly revised 1.6% growth in the previous period, preliminary estimates showed. The economic downturn was mainly due to a decline in the pharmaceutical industry. Net external demand also contributed negatively, as exports (-3.0% vs 3.6% in Q4 2024) decreased more than imports (-0.3% vs 3.8%). Additionally, fixed investments fell sharply (-6.3% vs 10.2%), weighed down by lower investment in machinery and transport equipment (-1.9% vs 9.9%) and intellectual rights (-21.8% vs 31.7%). Moreover, government spending dropped (-1.1% vs 1.5%), while household consumption growth slowed (0.2% vs 0.4%), partly due to a fall in vehicle purchases (-2.0% vs 0.3%). On an annual basis, the GDP expanded by 3.6% in the March quarter, following a downwardly revised 4.2% rise in the preceding quarter.