Forecast: Tourism Direct GDP in Sweden

The Tourism Direct GDP in Sweden has shown fluctuations over the past decade. From 2013 to 2016, it generally increased, peaking in 2016 with a value of 2.74. However, from 2017 to 2020, there was a marked decline, reaching a low in 2020 at 1.69 due to the COVID-19 pandemic. The subsequent recovery saw a strong rebound in 2021 and 2022. By 2023, the value was at 2.68. Over the past five years, the compound annual growth rate (CAGR) stood at 0.65%, suggesting moderate long-term growth.

Projected data from 2024 to 2028 shows steady growth, with an anticipated value of 2.86 by 2028, reflecting a CAGR of 1% for this period. This indicates a positive outlook with an overall growth rate of 5.11% expected.

Future trends to watch for include the continued recovery and possible shifts in tourism patterns influenced by global economic conditions, changes in travel preferences, and potential impacts of environmental policies on tourism infrastructure.

Latest reports

 US Tourism Market Report- Q4 2024

US Tourism Market Report- Q4 2024

The US tourism industry experienced significant dynamism in the fourth quarter of 2024, driven by various economic, regulatory, and consumer behavior factors. This...

 China Tourism Market Report- Q4 2024

China Tourism Market Report- Q4 2024

In the fourth quarter of 2024, China's tourism industry continued its robust recovery, bolstered by strong domestic travel and innovative strategic initiatives. The...

 Japan Tourism Market Report- Q4 2024

Japan Tourism Market Report- Q4 2024

In the fourth quarter of 2024, Japan's tourism industry saw a robust recovery, with foreign visitor numbers reaching 33.37 million, surpassing pre-pandemic levels....

 Germany Tourism Market Report- Q4 2024

Germany Tourism Market Report- Q4 2024

In Q4 2024, Germany experienced a robust recovery in its tourism sector, driven by significant international interest and strategic initiatives across various segments....

 India Tourism Market Report- Q4 2024

India Tourism Market Report- Q4 2024

In Q4 2024, the Indian tourism industry experienced a dynamic shift, driven by varying market segments and external economic conditions. This period was...

 UK Tourism Market Report- Q4 2024

UK Tourism Market Report- Q4 2024

The UK tourism industry in Q4 2024 demonstrates a dynamic environment shaped by technological advancements, economic pressures, and evolving consumer preferences. Key market...

 France Tourism Market Report- Q4 2024

France Tourism Market Report- Q4 2024

Q4 2024 has been a dynamic period for the tourism sector in France, characterized by evolving trends and significant regulatory developments that are...

 Canada Tourism Market Report- Q4 2024

Canada Tourism Market Report- Q4 2024

In the fourth quarter of 2024, the Canadian tourism industry shows a nuanced recovery, with a noticeable increase in domestic travel due to...

 South Korea Tourism Market Report- Q1 2025

South Korea Tourism Market Report- Q1 2025

The first quarter of 2025 witnessed dynamic changes in the Tourism South Korea market, driven by various economic and geopolitical factors. Inbound tourism...

 Australia Tourism Market Report- Q4 2024

Australia Tourism Market Report- Q4 2024

The fourth quarter of 2024 showcased a dynamic period for the tourism industry in Australia, marked by significant trends in various sectors including...

Top Countries about Tourism