Forecast: Tourism Direct Employment in Denmark

Denmark's tourism direct employment has shown a steady upward trend from 2013 to 2023. Actual data for 2023 indicate that the value stands at 9.44 units of total employment. Year-on-year growth has generally hovered around 1%, with the last two years (2022 and 2023) showing increments of about 0.92% and 0.89%, respectively. The compound annual growth rate (CAGR) over the last five years sits at 0.95%.

Forecasts from 2024 suggest a continued but slightly decelerated growth rate, with the five-year forecast CAGR dropping to 0.64%. By 2028, the expected value is 9.83 units, representing a modest growth rate of 3.26% over the five-year period.

Future trends to watch for:

  • Potential impacts of global economic conditions and geopolitical factors on tourism.
  • Technological advancements in hospitality and travel that could either enhance or replace certain job functions.
  • Climate change and sustainability efforts influencing tourism patterns and employment structures.

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