Copenhagen's economic growth has exploded.

The capital area's economic growth has exploded over the past ten years and now surpasses both Berlin and Amsterdam.

In ten years, 7,000 new workplaces have been added in the City of Copenhagen and more than 100,000 new jobs.

These are some of the conclusions in the City of Copenhagen's first comprehensive business report, the Employment, Integration and Business Administration writes in a press release.

Things are going well in Copenhagen

With total GDP growth of 37 percent, the capital area has also had the strongest economic progress among comparable major cities such as Stockholm, Berlin, Amsterdam and Hamburg.

Higher growth in Copenhagen

The capital area's GDP grew by 37 percent from 2014 to 2024.

That is more than in the following comparable major cities in the same period:

Stockholm: 22 %

Berlin: 31 %

Amsterdam: 29 %

Hamburg: 18 %

Source: City of Copenhagen (https://via.ritzau.dk/pressemeddelelse/15263203/hovedstadsomradets-okonomiske-vaekst-er-eksploderet-pa-10-ar-og-slar-berlin-og-amsterdam?publisherId=13559151&lang=da).

Copenhagen's Mayor for Employment, Integration and Business, Andreas Keil (S), is pleased:

- Things are going well in Copenhagen, and the city's business community is creating growth for the benefit of all of Denmark. In ten years, companies in Copenhagen have created more than 100,000 new jobs, and we should be proud of that.

- Now we must work to ensure that there is also room in the future for the companies that create jobs and growth in Copenhagen, he says in the release.

It shows that we have some skilled companies

Copenhagen's Lord Mayor, Sisse Marie Welling (SF), is also proud of the development.

- It shows that we have some skilled companies and a strong business community that both creates jobs and growth and at the same time helps make the capital vibrant.

- For me, it is important that Copenhagen's growth benefits the whole city and that the business community actively contributes to the city's development, she says.

Focus on parking conditions

At the same time, the report points out that there are still areas that can be optimized for the capital's business community.

For example, three out of four companies believe that the municipality should improve parking conditions, and only one in four companies is satisfied with the city's business friendliness.

Read also: It will become more expensive to own a car in Copenhagen: 'I had no idea the price would go crazy when I bought my car' (https://www.dr.dk/nyheder/indland/det-bliver-dyrere-have-bil-i-koebenhavn-jeg-anede-ikke-prisen-ville-gaa-amok-da-jeg-koebte-min-bil)

Andreas Keil will therefore gather the city's business community for a summit where the parties can discuss some of the companies' current challenges.

The Capital Region is home to 32 percent of the country's population but accounts for 44 percent of the country's total value creation, the report shows.

Warning: This article was translated by a Large Language Model, in case of doubt, you can always visit the original source.