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47 November, 2020 Denmark Global: 8 Availability: 10 Cost: 37 Regulation: 4 Productivity: 43 2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 40) Region: 5 Availability: 7 Cost: 20 Regulation: 3 Productivity: 19 Remote Readiness 8 Remote Readiness 10 Denmark has spent $20 billion USD on measures to combat the impact of Covid-19. This includes: • Additional money for hiring extra healthcare workers • Compensation of salaries for workers, self-employed and freelancers • Financial support with companies' fixed costs • Increased access to unemployment and sickness benefits • Support for the tourism sector • Grants for low-income families https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19 Borders are only open to a select group of countries that are declared to be minimum risk. Travel is dependent on having a valid reason and a negative Covid-19 test result. Lockdown restrictions are on a regional basis. Areas in the north where there has been a severe outbreak of the disease are closing non- essential shops, all schools and public transport. There are also restrictions on leaving the county. 5.9% 4.7% 0% 20% Denmark Regional Ave. % of GDP Denmark Q4 2019* Q4 2020* % Change YOY Total Workforce 3.02M 2.92M -3% Unemployment Rate (%) 3.7% 4.8% +30% Unemployed Workers 112K 140K +25% Manpower 2020 Total Workforce Index Workforce Statistics Covid-19 Situation Covid-19 Government Spend as % of GDP Border Closures and Restrictions Additional Government Spending and Foregone Revenue to September 2020 Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis) *Reported figures at Q4 each year https://covid19.who.int/ https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in- Response-to-COVID-19 Other Sources: https://data.worldbank.org/ https://ilostat.ilo.org/ https://home.kpmg/xx/en/home/insights/ https://www.gov.uk/foreign-travel-advice United States Embassy https://tradingeconomics.com/