- Denmark’s macro-economic situation is stable and has recovered since the economic and financial crisis, but growth rates have been modest at 1.6% and 1.1%, in 2015 and 2016.
- Productivity growth has been weak for the last decade. Achieving stronger productivity growth would be important for addressing the macroeconomic challenges related to slow growth, increasing costs from an ageing population and preserving a generous social welfare system.
- Danish R&D intensity is about 3% of GDP and Denmark is an innovation leader in the EU, but there is still a potential to increase the innovation performance in particular of SMEs.
- Budgets for publicly funded R&D will be cut by 2% each of the next four years. However, public R&D is still projected to be close to 1%.