FX.co ★ Denmark GDP Rebounds in Q2

In the second quarter of 2025, Denmark's economy experienced a resurgence, expanding by 1.3% on a quarterly basis, as per a preliminary estimate. This rebound follows a 1.3% decline in the first quarter and was predominantly fueled by the pharmaceutical sector. Government expenditure also saw a turnaround, rising by 0.8% compared to a previous decrease of 1.6%. Net external demand contributed positively as well, with export growth at 4.0% exceeding the import rate of 2.0%. Although fixed investment continued to decline, the rate of decrease was much slower, at only 0.3% down from a steep 13.5% drop, aided by increased investments in other construction and engineering, which rose 1.4% compared to a previous decline of 1.7%, and in machinery and transport equipment, which went up by 3.4% from a previous fall of 7.4%. Conversely, household consumption experienced a modest slowdown to 0.5% from 0.8%. On a year-over-year basis, GDP rose by 1.9%, which is a deceleration from the 2.3% growth recorded in the previous quarter.