The value added of sports activities, amusement, and recreation activities in Australia was 5.96 Billion Australian Dollars in 2023. The data reveals that between 2013 and 2023, there were fluctuations with notable growth peaks in 2014 and 2017 and significant declines in 2015 and 2019. The year-on-year variation for 2022 and 2023 was -1.51% and -1.49%, respectively. The CAGR over the last five years to 2023 was -2.82%, indicating a decreasing trend.

Forecasted data from 2024 to 2028 suggest a continued decline in value, with the CAGR expected to be -1.13%. This indicates a consistent downward trend over the next five years.

Future trends to watch for:

Impact of economic shifts on consumer spending in recreational activities.
Technological advancements driving new forms of sports and recreational activities.
Post-COVID-19 recovery trends in the demand for amusement and recreation.