From 2013 to 2023, internal tourism expenditure on road passenger transport services in Sweden grew from 10.72 billion SEK to 15.78 billion SEK. The year-on-year variations highlight fluctuating growth rates, with significant dips in 2020 due to the pandemic (-19.25%) followed by rebounds in 2021 (8.78%) and 2022 (13.37%). The Compound Annual Growth Rate (CAGR) for the last five years stands at 2.42%, indicating a stable upward trend despite the pandemic's impact.
Post-2023, the forecasted data predicts continued growth, reaching 18.36 billion SEK by 2028 with a 5-year CAGR of 2.41%, representing a steady annual growth rate. While growth is expected to moderate, it will still be significant, reflecting the recovering and stabilizing tourism sector.
Future trends to watch for:
- Impact of sustainability initiatives on road transport options
- Technological advancements in transport services
- Changing tourist preferences and demand for eco-friendly travel
- Economic factors affecting domestic tourism expenditure