The analysis of new business lending for SMEs in Denmark indicates significant fluctuations in lending from 2013 to 2023. In 2013, lending was at 36.61 billion Euros, reaching its peak in 2015 at 73.13 billion Euros. This period saw considerable growth with year-on-year increments like 49.06% in 2014 and 34.01% in 2015. Following 2015, a decline marked 2016 at -29.7%, and continued variability existed, including a notable peak again in 2019 at 67.82 billion Euros. In recent years, lending recovered to 66.26 billion Euros in 2023, achieving a positive year-on-year variation of 7.67% and a 6.23% CAGR over the past five years.
Looking ahead, forecasted data from 2024 to 2028 show a moderate growth trend, with a forecasted 5-year CAGR at 2.69% indicating a more stable period. Projected values reach 78.47 billion Euros in 2028, suggesting a 14.17% overall growth rate from 2024 to 2028.
Future trends to watch include economic factors that might impact lending, interest rate changes, government policies, and SME resilience and adaptability to market conditions. Enhanced digital lending platforms and alternate financing options may also influence future lending landscapes.
