Danmarks Nationalbank

10/24/2025 | Press release | Distributed by Public on 10/24/2025 05:52

Governor Christian Kettel Thomsen: Higher defence spending may increase capacity pressure in the Danish economy

Speech

Danmarks Nationalbank regularly provides its perspectives on economic and financial matters at various events and meetings. Speeches and presentations provide insight into Danmarks Nationalbank's contribution to the event or meeting in question.

Danish economy
24 October 2025

Governor Christian Kettel Thomsen: Higher defence spending may increase capacity pressure in the Danish economy

Denmark is facing a significant increase in defence spending to around 3.5 per cent of GDP. There is great uncertainty about how increased defence spending will affect the Danish economy. This is because it is unclear how quickly the expenses will come and what they will be used for, Danmarks Nationalbank Governor Christian Kettel Thomsen emphasised in a speech at an event at Danske Bank on 24 October 2025.

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