In 2023, the number of self-employed people in the recreational activities sector in Norway was 14.0 thousand units. Forecast data from 2024 to 2028 predict a stable trend, maintaining at 14.0 thousand units each year. This indicates no year-on-year variation over the forecast period, signifying a period of stagnation from 2024 onwards. Over the last two years from 2022 to 2023, there was no change in the number of self-employed people in the sector, given that the 2023 value stood at 14.0 thousand units as well. The Compound Annual Growth Rate (CAGR) over the last five years holds at 0%, signaling no growth in the self-employed population within this sector.
Future trends to watch for include:
• Potential shifts in regulatory frameworks that could impact small or self-employed businesses.
• Emerging recreational activities that might stimulate a rise in new self-employment ventures.
• Technological advancements that could either create new opportunities or disrupt existing ones in the recreational sector.
• Changing consumer preferences towards recreational activities, which may affect demand.
• Economic factors and market conditions that could either support or hinder self-employment growth in this industry.
