The tourism sector in Sweden is expected to see a gradual decline in its Gross Value Added over the forecast period. In comparison to 2023, where the industry stood at a GVA of 1.75, the projected values show a consistent year-on-year decrease. Specifically, forecasts for 2024 anticipate a value of 1.66, representing a reduction. This trend continues with values dropping to 1.54 in 2025, 1.43 in 2026, 1.32 in 2027, and finally reaching 1.21 by 2028. The annual average variation or CAGR over these five years underscores a deceleration in the sector.
- 2024: -5.14%
- 2025: -7.23%
- 2026: -7.14%
- 2027: -7.69%
- 2028: -8.33%
Future trends to watch include shifts in global travel patterns, the impact of environmental regulations, and changes in consumer preferences towards sustainable tourism. Monitoring these factors will be crucial in understanding and potentially mitigating the downward trend in Sweden's tourism GVA.
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