Construction in Denmark – Key Trends and Opportunities to 2018

Date: 2015-09

The Danish construction industry recorded a compound annual growth rate (CAGR) of 1.15% during the review period (2009−2013). Denmark’s economy is heavily dependent on exports, particularly from other European countries. The eurozone crisis and resulting economic uncertainty subsequently adversely impacted the Danish economy. The recession in the country during 2008–2009 was largely a result of the collapse of foreign demand for Danish products, which led to a decline in exports and manufacturing. The Danish construction industry’s output is expected to record a CAGR of 2.71% over the forecast period (2014–2018). This growth will be largely supported by significant public investments in infrastructural, residential and institutional construction.

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