In 2023, employment in the Accommodation and Food Service Activities sector in Norway stood at an actual value of 77,580 Full-Time Equivalents (FTE). As of 2024, the employment forecasts indicate a progressive increase, with projections at 79.38 thousand FTEs. Year-on-year variations show a steady upward trend with employment expected to rise by approximately 2.46% in 2025 to 81.33 thousand FTEs. This positive trajectory continues in subsequent years:
• 2026: 83.26 thousand FTEs, up around 2.37% from the previous year
• 2027: 85.18 thousand FTEs, up around 2.31% from the previous year
• 2028: 87.07 thousand FTEs, up around 2.22% from the previous year.
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is projected to be approximately 2.47%, indicating a stable growth rate over the forecast period.
Future trends to watch for include potential influences of economic shifts, technological advancements in hospitality management, and increased tourism which could impact employment levels. Observing these trends will be crucial for strategic planning in the sector.
