One year with pandemic – Financial impacts on Nordic households

Conceptual - moreless growth,

Personal finance

Effects of pandemic varies in between Nordic countries. According to this survey, negative financial impacts can be seen in Finland and Norway, whereas financial safety has remained in Denmark and Sweden.
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Consumer behaviour

Pandemic has had a significant impact on how we consume. In Sweden and Denmark, the increase in online shopping was as high as 50 percent. Even though online shopping increased, many households reduced their overall consumption and postponed major purchases.
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Outlook for future

Pandemic has affected financially vulnerable households the hardest. In Sweden and Finland, 4 out of 10 households with a vulnerable financial situation have a negative outlook regarding their future finances.