In 2023, international spending for tourism in Norway stood at 17.67 billion USD. The forecasted data from 2024 to 2028 indicates a gradual increase in spending, rising from 17.84 billion USD in 2024 to 18.52 billion USD in 2028. The year-on-year percentage variations show consistent upticks: a 1.01% increase from 2023 to 2024, 1.01% from 2024 to 2025, 0.94% from 2025 to 2026, 0.93% from 2026 to 2027, and 0.87% from 2027 to 2028. The five-year Compound Annual Growth Rate (CAGR) for this period is approximately 0.95%.
Future trends to watch for include the potential impact of global economic conditions, changing travel preferences post-pandemic, and Norway's policy measures to attract more international tourists. Technological advancements in travel and tourism and sustainability trends are also expected to play a significant role in shaping future spending patterns.
