Key Market Indicators
Tourist arrivals to Iceland are expected to reach 1.55 million by 2026, with an average year on year growth rate of 0.9%. This is despite a decrease of 11.1% since 2000. The direct contribution of tourism to Iceland's GDP is predicted to increase from 9.85% in 2021 to 11.62% by 2026, with an average year on year growth of 2.6%. This is a 4.4 point increase since 2014, when Iceland was the second most popular destination for tourists, behind Spain. The Philippines and Mexico came in third and fourth place respectively.
Iceland Tourism Market Data and Forecasts
How much will Iceland Tourism Market grow to 2026?
More in Tourism Industry for 2027Improve your Knowledge with the latest Indicators and Trends
-
Religious Organizations: Assessing Market Trends and COVID-19 Impact Recovery
The prevalence of COVID-19 has introduced considerable changes in religious congregations operations worldwide. In-person religious services faced unprecedented limitations and, subsequently, a significant decline was observed in monetary contributions which form the economic lifeline of such organizations. Conversely, the pandemic prompted a surge in digital religious activities, such as online...
Discover more insights -
Tourism: An Analytical Dive into Global Trends & Destination Insights
In recent years, the tourism industry has seen a notable shift powered by evolving demographics, digital transformations, and changes in consumer behavior. On a global scale, an increase in disposable income and advanced technology have moved the traditional sightseeing tours to more experiential travel which embodies activities grasping culture, history,...
Discover more insights -
Sports Tourism: Evaluating Trends, Growth Factors and Future Prospects in Golf Sector
In recent years, the golf industry has been experiencing significant transformation. Driven by changing demographics, heightened customer expectations, and emergence of new markets, golf tourism is mirroring these shifts. Younger, more diverse audiences are taking to golf and destinations are crafting unique golf experiences to cater to this change in...
Discover more insights -
Resorts and Insurance Industry: Comprehensive Analytics and Benchmarking Metrics Unveiled
Insurance uptake by the resort industry is on an observed upward trajectory, largely due to growing understanding of financial volatility and risk exposure associated with major unpredictable events, like natural disasters or pandemics. The necessity of securing enormous investments needed for modern resort construction and operation, up against potential loss...
Discover more insights -
Exploring Global Trends in Nordic Travel: Focus on Tourism Numbers and Accommodations
Recent analyses reveal a distinct growth trajectory in the Nordic travel domain. The surge in inbound tourism, propelled by global interest in Scandinavia's unique natural and cultural attractions, demonstrates a robust market. Key activities such as aurora hunting, fjord cruises, and exploring historic Viking heritage have fostered tourism expansion. It's...
Discover more insights