The total tourism employment in Denmark has shown a steady increase from 8.31 units in 2013 to 9.38 units in 2023. Starting from 2024, forecasts suggest a continued but slightly tapering growth reaching 9.76 units by 2028. The year-on-year percentage increase has gradually diminished over the years from a peak of 2.35% in 2015 to 0.87% by 2023. Over the last two years, growth rates reflect continued expansion albeit at a slower pace, with a CAGR of 0.84% over the last five years.
Future trends to watch for:
- An anticipated growth of 3.17% over the next five years, indicating moderate yet stable expansion of tourism employment.
- A forecasted CAGR of 0.63% through 2028, which suggests a gradual deceleration in growth compared to previous years.
- The tourism sector’s responsiveness to global economic changes and potential disruptions that could affect employment figures.