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Nordic Economic Outlook 2018

Annual Report on the Economic Development in the Nordic Countries in Terms of Growth, Business Cycles and Public Finance

image of Nordic Economic Outlook 2018

The Nordic Economic Outlook is an annual report on the economic development in the Nordic countries in terms of growth, business cycles and public finance The report is produced by the Nordic Council of Ministers and the content is prepared jointly by the Nordic Group of Macro Analysts (Nordiska konjunkturgruppen) with participants by experts from the Finance Ministries in the five Nordic countries. The group has operated under the Nordic Council of Ministers since 2004 and exchanges information on macroeconomic and structural developments on a continuous basis.

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Summary

This report on the economic development in the Nordic countries has been prepared by the Nordic Group of Macro Analysts (Nordiska konjunkturgruppen). Growth in the Nordic countries remained above trend in 2017 and first part of 2018. All five countries expect continued growth going forward, but are at somewhat different stages in the cycle. With the exception of Norway, growth rates are expected to decline a little, towards their underlying potential.

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