Forecast: Financial Services and Insurance Output in Denmark

The financial services and insurance output in Denmark remained stable at 4.8 units from 2013 to 2017, followed by a decline to 4.6 units in 2018 and 2019. From 2020 to 2022, the value decreased further, reaching 4.4 units by 2021 and maintaining this level through 2023. The year-on-year variation indicates minimal change in recent years, with a 0% variation in 2022 and 2023. Over the last five years, the average variation per year (CAGR) has been -0.89%.

Future trends to watch for:

  • The forecasted output remains stable at 4.4 units from 2024 to 2027, before a slight increase to 4.5 units in 2028.
  • The projected five-year CAGR is 0.45%, indicating a modest recovery or stabilization trend over the forecast period.
  • Given the historical data, attention should be paid to potential economic or regulatory changes affecting the financial services and insurance sectors in Denmark.

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