Economic Survey, August 2020

The corona pandemic continues to have a big impact on economic developments across countries. Contagion from the virus continues, with many new cases every day. The global economy has suffered a major setback, and the Danish economy has also been dealt a significant blow.

However, Denmark is among a number of countries that succeeded in getting the epidemic under control relatively early on, thereby enabling a reopening of the economy. This has lifted economic activity especially in the industries that have suffered most from the lockdown and changed consumer behaviour. However, exporting industries are facing difficult export market conditions.