The forecasted Gross Value Added (GVA) for the air transport sector in Norway shows a steady increase from 5.31 billion Norwegian Krones in 2024 to 5.48 billion Norwegian Krones in 2028. Comparing the available historical data to 2023, the sector’s GVA had a value of 5.25 billion Norwegian Krones. The year-on-year percentage variations indicate moderate growth: 0.75% from 2024 to 2025, 0.93% from 2025 to 2026, 0.74% from 2026 to 2027, and 0.72% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over this five-year period is estimated at around 0.98%, reflecting consistent yet cautious expansion.
Future trends to watch for:
- The impact of environmental regulations on operational costs in the air transport sector.
- Technological advancements in aviation that may improve efficiency and reduce costs.
- Changes in passenger demand and tourism trends, particularly post-pandemic recovery patterns.
- Geopolitical developments that may affect international air travel and freight.