Denmark's Convergence Programme 2023

The Convergence Programme contains a medium to long term projection of the Danish Economy based on the business cycle assessment for 2023 and 2024 presented in Economic Survey, May 2023. It shows a more positive development in the public finances than in the latest assessment in August 2022. This is primarily due to a higher structural employment. The fiscal sustainability indicator amounts to 1.5 per cent of GDP relative to the previous estimate of 1.4 per cent of GDP. This implies that the current economic policy can carry through to the long term without unsustainable increases in public debt.