Norway's inbound tourism expenditure on food and beverage serving services is forecasted to increase steadily from 2024 to 2028, reaching 11.91 billion Norwegian Krones by 2028. In 2023, this expenditure stood at 10.45 billion Norwegian Krones. The data forecasts an average year-on-year growth of approximately 2.8% over the given period. The Compound Annual Growth Rate (CAGR) over the next five years is projected to be around 2.7%.
Future trends to watch for include potential impacts of global economic fluctuations, changing tourist preferences, and the influence of digital transformation on the food and beverage sector. Monitoring these factors can provide insights into future expenditure patterns.
