Nordea Economic Outlook: Unrestricted growth
Spring is in the air, also for the world economy, which is currently experiencing its strongest recovery in almost 50 years. We expect global growth to land as high as 5.8% this year, before slowing to 4.5% next year, says Helge Pedersen, Nordea Group Chief Economist. “The outlook is also bright in the Nordics over a year into the pandemic, as the vaccine roll-out continues to gain momentum. The countries stand well-equipped, with strong public finances and households in good financial shape. As the pandemic loses its grip and societies gradually reopen, GDP growth is expected to take