The Gross Value Added (GVA) by travel agencies and tour operators in Norway is projected to increase steadily from 2024 to 2028. The forecast shows an annual increment with a compound annual growth rate (CAGR) over this period. In 2023, the GVA stood at 3.60 billion Norwegian Krones. With values forecasted to reach 3.87 billion by 2028, the sector is experiencing a consistent year-on-year growth rate.
Key variations for the forecasted period:
- 2024: +1.67%
- 2025: +1.37%
- 2026: +1.62%
- 2027: +1.33%
- 2028: +1.31%
Analysts should monitor trends impacting international travel, such as new visa regulations, potential economic fluctuations in key tourism source countries, and technological innovations that could alter how travel services are booked and experienced.
