The total tourism GDP in Denmark has shown a general upward trend from 2013 to 2023, increasing from 1.93 to 2.06 units of Gross Value Added. Despite some fluctuations, the year-on-year variations have mostly been positive, with substantial gains in certain years like 2016 (2.24%) and consistent albeit smaller increases in the recent years of 2021 (0.29%), 2022 (0.24%), and 2023 (0.29%). The compound annual growth rate (CAGR) over the last five years stands at a modest 0.13%.
Looking forward, the forecasted data suggests continued but slow growth, with the tourism GDP expected to rise to 2.08 units by 2028, reflecting a forecasted 5-year CAGR of 0.20%. This suggests a steady yet restrained expansion for the sector.
Future trends to watch for:
• The impact of global economic conditions on tourism spending.
• Technological advancements and their influence on tourism experiences.
• Changing consumer preferences, especially regarding sustainability and eco-tourism.
• Policy changes and marketing strategies aimed at boosting tourist inflow.
