Forecast
Forward projections from the prediction engine — baseline plus an optimistic/pessimistic band and a confidence interval, per macro indicator. These are PROJECTIONS, not observations: generated from observed history, never a guarantee. A country we hold no projections for is shown honestly.
Forecast
Need it as JSON? GET /api/v1/forecast/country/{iso3}.
Denmark: forward projections across 16 macro indicators, horizons 2026, 2027, 2028, 2029, 2030, 2031, 2035, 2036. These are projections, not observations — each carries an optimistic/pessimistic band and a confidence interval, anchored against the latest observed value where one is held.
Nowcast
Each indicator nowcast from its strongest leading series — inferable from observations already in hand.
For each indicator, Denmark's strongest leading series is fit by ordinary least squares over their shared observed history, then the leader's already-observed recent values project the target — so the next year or two is inferable from data already in hand. These are nowcasts from a leading correlation: correlation, not causation, and not a guaranteed forecast.
Led by GDP (current US$) by 3 years (it moves withthe target; r = 0.932 over 46 obs).
| Year | Nowcast | Implied by GDP (current US$) in |
|---|---|---|
| 2026 | 10.37 | 2023 (404.7bn) |
Latest observed11.2(2026)· IMF DataMapper API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 13.15 | 15.58 | 10.71 | 12.44 – 13.85 |
| 2028 | 14.84 | 19.06 | 10.63 | 13.27 – 16.42 |
| 2030 | 16.54 | 21.98 | 11.09 | 14.1 – 18.97 |
| 2035 | 20.78 | 28.47 | 13.08 | 15.88 – 25.67 |
Blended 1-yr-ahead11.57· skill-weighted across models
Track record±1.95typical miss · 1 realized · 17% MAPE
Method: linear_trend; lookback 8y; horizon 1y; confidence 80%
Latest observed70.12(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 72.58 | 82.33 | 64.12 | 70.02 – 75.13 |
| 2028 | 77.49 | 94.39 | 62.85 | 71.36 – 83.63 |
| 2030 | 82.41 | 104.22 | 63.51 | 72.7 – 92.12 |
| 2035 | 94.71 | 125.55 | 67.98 | 75.06 – 114.36 |
Blended 1-yr-ahead71.31· skill-weighted across models
Track record±3.39typical miss · 1 realized · 5% MAPE
Method: linear_trend; lookback 8y; horizon 1y; confidence 80%
Latest observed462.5bn(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 477bn | 520.5bn | 439.3bn | 462.2bn – 491.8bn |
| 2028 | 514.1bn | 589.4bn | 448.8bn | 476.1bn – 552.1bn |
| 2030 | 551.2bn | 648.5bn | 466.9bn | 488.6bn – 613.8bn |
| 2035 | 644bn | 781.6bn | 524.8bn | 510.4bn – 777.6bn |
Blended 1-yr-ahead519.6bn· skill-weighted across models
Track record±22.4bntypical miss · 1 realized · 4% MAPE
Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%
Latest observed2.93(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 3.76 | 12 | -4.76 | 2.06 – 5.45 |
| 2028 | 5.52 | 12 | -9.23 | 2.41 – 8.62 |
| 2030 | 7.27 | 12 | -10 | 3.03 – 11.52 |
| 2035 | 11.67 | 12 | -10 | 4.63 – 12 |
Blended 1-yr-ahead3.68· skill-weighted across models
Track record±0.06typical miss · 1 realized · 2% MAPE
Method: weighted_composite; lookback 6y; horizon 1y; confidence 80%
Latest observed77k(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 79k | 86.5k | 72.6k | 76.6k – 81.5k |
| 2028 | 84.5k | 97.3k | 73.3k | 78.2k – 90.7k |
| 2030 | 89.9k | 106.5k | 75.5k | 79.7k – 100.1k |
| 2035 | 103.4k | 126.9k | 83k | 82k – 124.9k |
Blended 1-yr-ahead85.7k· skill-weighted across models
Track record±3.7ktypical miss · 1 realized · 4% MAPE
Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%
Latest observed26.4(2026)· IMF DataMapper API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 25.89 | 32.46 | 18.32 | 24.47 – 27.32 |
| 2028 | 22.87 | 34.24 | 9.76 | 20.03 – 25.72 |
| 2030 | 19.86 | 34.54 | 2.92 | 16.01 – 23.7 |
| 2035 | 12.32 | 33.07 | 0 | 7.15 – 17.48 |
Blended 1-yr-ahead25.22· skill-weighted across models
Track record±0.51typical miss · 1 realized · 2% MAPE
Method: linear_trend; lookback 10y; horizon 1y; confidence 80%
Latest observed59.11(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 60.66 | 67.69 | 53.64 | 58.62 – 62.71 |
| 2028 | 63.78 | 75.95 | 51.61 | 58.86 – 68.7 |
| 2030 | 66.9 | 82.6 | 51.19 | 59.14 – 74.65 |
| 2035 | 74.69 | 96.9 | 52.48 | 59.2 – 90.18 |
Blended 1-yr-ahead60.66· skill-weighted across models
Track record±3.49typical miss · 1 realized · 6% MAPE
Method: linear_trend; lookback 8y; horizon 1y; confidence 80%
Latest observed1.89(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 2.34 | 9.32 | -5 | 0.75 – 3.92 |
| 2028 | 3.05 | 15.15 | -5 | 0.22 – 5.88 |
| 2030 | 3.76 | 19.38 | -5 | 0 – 7.53 |
| 2035 | 5.55 | 27.64 | -5 | -0.23 – 11.33 |
Blended 1-yr-ahead1.53· skill-weighted across models
Track record±0.54typical miss · 1 realized · 30% MAPE
Method: exponential_smoothing; lookback 6y; horizon 1y; confidence 80%
Latest observed2.1(2026)· ECB Data Portal API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2027 | 2.14 | 9.97 | -5 | 0.36 – 3.91 |
| 2029 | 2.17 | 15.74 | -5 | -0.94 – 5.28 |
| 2031 | 2.18 | 19.7 | -5 | -1.88 – 6.24 |
| 2036 | 2.19 | 26.97 | -5 | -3.65 – 8.03 |
Blended 1-yr-ahead1.78· skill-weighted across models
Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%
Latest observed21.85(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 21.76 | 23.41 | 20.32 | 21.08 – 22.43 |
| 2028 | 21.48 | 24.35 | 19 | 19.89 – 23.07 |
| 2030 | 21.21 | 24.91 | 18 | 18.8 – 23.61 |
| 2035 | 20.51 | 25.75 | 15.98 | 16.26 – 24.77 |
Blended 1-yr-ahead21.68· skill-weighted across models
Track record±1.63typical miss · 1 realized · 7% MAPE
Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%
Latest observed6m(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 6m | 6.3m | 5.7m | 5.8m – 6.2m |
| 2028 | 6m | 6.3m | 5.8m | 5.6m – 6.5m |
| 2030 | 6.1m | 6.4m | 5.8m | 5.4m – 6.8m |
| 2035 | 6.2m | 6.4m | 5.9m | 4.9m – 7.4m |
Blended 1-yr-ahead6.1m· skill-weighted across models
Track record±37.4ktypical miss · 1 realized · 1% MAPE
Method: exponential_smoothing; lookback 10y; horizon 1y; confidence 80%
Latest observed2.57(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 3.44 | 11.93 | -2.93 | 2.32 – 4.56 |
| 2028 | 5.44 | 15 | -5.59 | 3.34 – 7.54 |
| 2030 | 7.43 | 15 | -6.8 | 4.47 – 10.4 |
| 2035 | 12.42 | 15 | -7.71 | 7.08 – 15 |
Blended 1-yr-ahead2.89· skill-weighted across models
Track record±2.05typical miss · 1 realized · 80% MAPE
Method: weighted_composite; lookback 7y; horizon 1y; confidence 80%
Latest observed118.4bn(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 124.3bn | 138.8bn | 109.8bn | 120.1bn – 128.5bn |
| 2028 | 139.9bn | 165bn | 114.8bn | 129.3bn – 150.4bn |
| 2030 | 155.4bn | 187.8bn | 123.1bn | 137.8bn – 173.1bn |
| 2035 | 194.4bn | 240.1bn | 148.6bn | 154bn – 234.7bn |
Blended 1-yr-ahead124.4bn· skill-weighted across models
Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%
Latest observed4.88(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 4.75 | 5.64 | 3.86 | 4.54 – 4.96 |
| 2028 | 4.59 | 6.13 | 3.06 | 4.14 – 5.05 |
| 2030 | 4.52 | 6.5 | 2.53 | 3.85 – 5.18 |
| 2035 | 4.46 | 7.26 | 1.65 | 3.31 – 5.6 |
Blended 1-yr-ahead4.97· skill-weighted across models
Track record±0.48typical miss · 1 realized · 10% MAPE
Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%
Latest observed127.8bn(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 134.7bn | 150bn | 119.5bn | 130.2bn – 139.2bn |
| 2028 | 152.9bn | 179.4bn | 126.5bn | 141.6bn – 164.3bn |
| 2030 | 171.2bn | 205.3bn | 137.1bn | 151.7bn – 190.6bn |
| 2035 | 216.8bn | 265bn | 168.5bn | 171.8bn – 261.7bn |
Blended 1-yr-ahead134.5bn· skill-weighted across models
Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%
Latest observed5.53(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 5.56 | 6.54 | 4.57 | 5.32 – 5.8 |
| 2028 | 5.61 | 7.32 | 3.9 | 5.08 – 6.14 |
| 2030 | 5.67 | 7.87 | 3.46 | 4.88 – 6.46 |
| 2035 | 5.8 | 8.92 | 2.69 | 4.4 – 7.21 |
Blended 1-yr-ahead2.67· skill-weighted across models
Track record±2.56typical miss · 1 realized · 85% MAPE
Method: linear_trend; lookback 6y; horizon 1y; confidence 80%
Reliability badges show each indicator's best model skill— how much it beats a naive last-value forecast, measured out-of-sample on that series' own observed history (backtested one-step-ahead). A track record, not a guarantee of future accuracy.
Generated by the prediction engine (model prediction-engine-v1) on 2026-10-31 from observed history. Projections, not observations — never a guarantee of future values.
Machine-readable: GET /api/v1/forecast/country/DNK · Country page → · Full brief → · API docs
| 2027 | 11.09 | 2024 (424.5bn) |
| 2028 | 12.48 | 2025 (462.5bn) |
Fit: Current account / GDP ≈ -4.3933 + 0·GDP (current US$). Correlation, not causation.
Led by Current account / GDP by 3 years (it moves withthe target; r = 0.911 over 43 obs).
| Year | Nowcast | Implied by Current account / GDP in |
|---|---|---|
| 2026 | 424.1bn | 2023 (9.7) |
| 2027 | 462.4bn | 2024 (11.2) |
| 2028 | 490.5bn | 2025 (12.3) |
Fit: GDP (current US$) ≈ 176444700774.5904 + 25532608152.9137·Current account / GDP. Correlation, not causation.
Led by GDP (current US$) by 1 year (it moves inversely tothe target; r = -0.789 over 34 obs).
| Year | Nowcast | Implied by GDP (current US$) in |
|---|---|---|
| 2026 | 25.97 | 2025 (462.5bn) |
Fit: Govt debt / GDP ≈ 79.6757 + 0·GDP (current US$). Correlation, not causation.
Led by GDP (current US$) by 2 years (it moves inversely tothe target; r = -0.668 over 64 obs).
| Year | Nowcast | Implied by GDP (current US$) in |
|---|---|---|
| 2026 | -0.3 | 2024 (424.5bn) |
| 2027 | -0.97 | 2025 (462.5bn) |
Fit: CPI inflation ≈ 7.292 + 0·GDP (current US$). Correlation, not causation.
Machine-readable: GET /api/v1/nowcast/country/DNK?indicator= · API docs