The Value Added of Real Estate in Denmark has shown a general upward trend from 2013 to 2023, starting at 168.07 billion Danish Krones in 2013 and reaching 233.98 billion Danish Krones in 2023. The year-on-year variations have been mostly positive, with notable dips such as a 3.69% decrease in 2020 due to external factors impacting the market. However, the sector quickly recovered, showing a significant 7.49% increase in 2022. The five-year CAGR until 2023 stands at 2.37%, indicating moderate growth.
The forecasted data from 2024 to 2028 suggests continued growth but at a slower pace, with a forecasted five-year CAGR of 1.57% and an overall growth rate of 8.11% over this period. By 2028, the value added is projected to reach 257.62 billion Danish Krones.
Future trends to watch for include:
- The impact of economic policies on the real estate market.
- Technological advancements influencing property management and valuation.
- Growth in sustainable and green real estate developments.
- Demographic changes affecting housing demand.
