The total contribution of travel and tourism to the gross domestic product in Norway reached 388 billion Norwegian kroner in 2023, surpassing pre-pandemic levels. By 2024, this sector's contribution to the Scandinavian country's gross domestic product could reach nearly 500 billion Norwegian kroner.

The international tourism receipts per capita in Norway were forecast to continuously increase between 2024 and 2029 by in total 1,595.2 U.S. dollars (+23.48 percent). According to this forecast, in 2029, the receipts per capita will have increased for the ninth consecutive year to 8,388.21 U.S. dollars. Receipts denote expenditures by inbound tourists from other countries. Domestic tourism expenditures are not included. The forecast has been adjusted for the expected impact of COVID-19. The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the international tourism receipts per capita in countries like Sweden and Finland.

Forecast: Tourism Direct GDP in Norway 2023 - 2027 Discover more data with ReportLinker!

The tourism sector GDP share in Norway was forecast to increase between 2023 and 2028 by in total *** percentage points. This overall increase does not happen continuously, notably not in 2028. The share is estimated to amount to **** percent in 2028. While the share was forecast to increase significant in the next years, the increase will slow down in the future.Depited is the economic contribution of the tourism sector in relation to the gross domestic product of the country or region at hand.The forecast has been adjusted for the expected impact of COVID-19.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the tourism sector GDP share in countries like Sweden and Iceland.

This statistic presents the direct contribution of travel and tourism to gross domestic product (GDP) in Norway from 2012 to 2018, with a forecast for 2028. Over this period, the direct contribution of the travel and tourism industry to GDP in Norway increased, reaching ***** billion Norwegian kroner in 2017.

The international tourist departures in Norway were forecast to continuously increase between 2024 and 2029 by in total two million departures (+24.84 percent). After the ninth consecutive increasing year, the number of depatures is estimated to reach 10.01 million departures and therefore a new peak in 2029. According to Worldbank, international tourist departures can be defined as departures from the country of usual residence to any other country for any purpose other than work. The forecast has been adjusted for the expected impact of COVID-19.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the international tourist departures in countries like Denmark and Finland.

This statistic presents the contribution of travel and tourism to the gross domestic product (GDP) in Norway in 2017, by type. Travel and tourism directly contributed approximately 122 billion Norwegian kroner to GDP in that year.

Norway NO: Exports: USD: All Services: Travel data was reported at 5.472 USD bn in 2022. This records an increase from the previous number of 1.938 USD bn for 2021. Norway NO: Exports: USD: All Services: Travel data is updated yearly, averaging 5.472 USD bn from Dec 2018 (Median) to 2022, with 5 observations. The data reached an all-time high of 5.929 USD bn in 2018 and a record low of 1.819 USD bn in 2020. Norway NO: Exports: USD: All Services: Travel data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Norway – Table NO.OECD.TISP: Trade in Services: Exports: USD: by Services: OECD Member: Annual. This component of EBOPS 2010 differs from most internationally traded services in that it is transactor-based. Unlike most services in EBOPS, travel is not a specific product; rather, it encompasses a range of goods and services consumed by non-residents in the economy that they visit. Travel is defined as covering goods and services for own use or to be given away, acquired from an economy, by non-residents during visits to that economy. It covers stays of any length, provided that there is no change in residence.Travel includes goods and services acquired by persons undertaking study or medical care while outside the territory of residence. It also includes acquisitions of goods and services by seasonal, border and other short-term workers in the economy of employment.The goods and services may be purchased by the persons concerned or by another party on their behalf; for example, business travel may be paid for or reimbursed by an employer; tuition and living costs of a student may be paid by a overnment; and health costs may be paid or reimbursed by a Government or insurer. Goods and services supplied by the producer without charge are also included, for example, tuition and board provided by a university.The most common goods and services entered under travel are accommodation, food, beverages and transport purchased within the economy visited (all of which are consumed in the supplying economy). Gifts, souvenirs and other articles that are purchased for own use and that may be taken out of the economies visited are also included.In line with the accrual principle, goods and services acquired during the visit, but paid for earlier or later, are included in travel. Goods and services may be acquired by being paid for by the person going abroad, paid for on his or her behalf, provided without a quid pro quo (for example, free room and board received: in such a case, there is also a corresponding transfer) or produced on own account (as in some cases of ownership of real estate and time-share accommodation).The goods and services for own use or to be given away, purchased by or provided to the non-resident while on the trip that would otherwise be classified under another item, such as postal services, telecommunications, and transport, are included in travel. This includes transport within a particular economy being visited where such transport is provided by carriers resident in that economy but excludes the international carriage of persons, which is covered in passenger services under transport services. Also excluded are goods purchased for resale in the resident's own economy or in a third economy. The acquisition of valuables (such as jewellery and expensive art), consumer durable goods (such as cars and electronic goods) and other consumer purchases for own use that is in excess of customs thresholds, are excluded. These goods are included in general merchandise.Travel excludes the acquisition of goods and services by diplomats, consular staff, military personnel, etc., and their dependants in the territory in which they are posted (included in Government goods and services n.i.e.).

Norway NO: Trade Balance: All Services: Travel data was reported at -82,301.800 NOK mn in 2022. This records a decrease from the previous number of -18,639.500 NOK mn for 2021. Norway NO: Trade Balance: All Services: Travel data is updated yearly, averaging -82,301.800 NOK mn from Dec 2018 (Median) to 2022, with 5 observations. The data reached an all-time high of -18,639.500 NOK mn in 2021 and a record low of -93,795.300 NOK mn in 2019. Norway NO: Trade Balance: All Services: Travel data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Norway – Table NO.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual. This component of EBOPS 2010 differs from most internationally traded services in that it is transactor-based. Unlike most services in EBOPS, travel is not a specific product; rather, it encompasses a range of goods and services consumed by non-residents in the economy that they visit. Travel is defined as covering goods and services for own use or to be given away, acquired from an economy, by non-residents during visits to that economy. It covers stays of any length, provided that there is no change in residence.Travel includes goods and services acquired by persons undertaking study or medical care while outside the territory of residence. It also includes acquisitions of goods and services by seasonal, border and other short-term workers in the economy of employment.The goods and services may be purchased by the persons concerned or by another party on their behalf; for example, business travel may be paid for or reimbursed by an employer; tuition and living costs of a student may be paid by a overnment; and health costs may be paid or reimbursed by a Government or insurer. Goods and services supplied by the producer without charge are also included, for example, tuition and board provided by a university.The most common goods and services entered under travel are accommodation, food, beverages and transport purchased within the economy visited (all of which are consumed in the supplying economy). Gifts, souvenirs and other articles that are purchased for own use and that may be taken out of the economies visited are also included.In line with the accrual principle, goods and services acquired during the visit, but paid for earlier or later, are included in travel. Goods and services may be acquired by being paid for by the person going abroad, paid for on his or her behalf, provided without a quid pro quo (for example, free room and board received: in such a case, there is also a corresponding transfer) or produced on own account (as in some cases of ownership of real estate and time-share accommodation).The goods and services for own use or to be given away, purchased by or provided to the non-resident while on the trip that would otherwise be classified under another item, such as postal services, telecommunications, and transport, are included in travel. This includes transport within a particular economy being visited where such transport is provided by carriers resident in that economy but excludes the international carriage of persons, which is covered in passenger services under transport services. Also excluded are goods purchased for resale in the resident's own economy or in a third economy. The acquisition of valuables (such as jewellery and expensive art), consumer durable goods (such as cars and electronic goods) and other consumer purchases for own use that is in excess of customs thresholds, are excluded. These goods are included in general merchandise.Travel excludes the acquisition of goods and services by diplomats, consular staff, military personnel, etc., and their dependants in the territory in which they are posted (included in Government goods and services n.i.e.).

This statistic presents the distribution of travel and tourism's direct contribution to the gross domestic product (GDP) in Norway in 2017, by type of travel spending. Leisure spending generated the largest share (** percent) of direct GDP from the travel and tourism industries in 2017

In 2021, the expenditure of foreign visitors in Norway represented *** percent of the country's gross domestic product (GDP). Meanwhile, Norwegian travelers in other countries contributed almost *** percent to the GDP. Despite the recovery recorded versus the previous year, these share were still below pre-pandemic levels.

Norway NO: Exports: % of Commercial Service Exports: Services: Travel data was reported at 14.650 % in 2017. This records an increase from the previous number of 13.990 % for 2016. Norway NO: Exports: % of Commercial Service Exports: Services: Travel data is updated yearly, averaging 11.779 % from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 17.728 % in 1994 and a record low of 8.224 % in 1975. Norway NO: Exports: % of Commercial Service Exports: Services: Travel data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Norway – Table NO.World Bank.WDI: Exports. Travel services (% of commercial service exports) covers goods and services acquired from an economy by travelers in that economy for their own use during visits of less than one year for business or personal purposes. Travel services include the goods and services consumed by travelers, such as lodging and meals and transport (within the economy visited).; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted average;

The tourism sector GDP share in Sweden was forecast to continuously increase between 2023 and 2028 by in total *** percentage points. The share is estimated to amount to **** percent in 2028. While the share was forecast to increase significant in the next years, the increase will slow down in the future.Depited is the economic contribution of the tourism sector in relation to the gross domestic product of the country or region at hand.The forecast has been adjusted for the expected impact of COVID-19.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the tourism sector GDP share in countries like Norway and Denmark.

The tourism sector GDP share in Denmark was forecast to continuously increase between 2023 and 2028 by in total *** percentage points. The share is estimated to amount to **** percent in 2028. While the share was forecast to increase significant in the next years, the increase will slow down in the future.Depited is the economic contribution of the tourism sector in relation to the gross domestic product of the country or region at hand.The forecast has been adjusted for the expected impact of COVID-19.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the tourism sector GDP share in countries like Sweden and Norway.

The tourism sector GDP share in Iceland was forecast to continuously increase between 2023 and 2028 by in total five percentage points. The share is estimated to amount to 22.35 percent in 2028. While the share was forecast to increase significant in the next years, the increase will slow down in the future.Depited is the economic contribution of the tourism sector in relation to the gross domestic product of the country or region at hand.The forecast has been adjusted for the expected impact of COVID-19.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the tourism sector GDP share in countries like Norway and Sweden.

The international tourism expenditure in Finland was forecast to continuously increase between 2024 and 2029 by in total 1 billion U.S. dollars (+31.77 percent). According to this forecast, in 2029, the expenditure will have increased for the ninth consecutive year to 4.2 billion U.S. dollars. Covered are expenditures of international outbound visitors to other countries from the selected region, including payments to foreign carriers for international transport. Domestic tourism expenditures are not included. The forecast has been adjusted for the expected impact of COVID-19.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the international tourism expenditure in countries like Iceland and Norway.

In 2024, German tourists in Denmark spent nearly ** million overnight stays in total, placing their country as the second-largest source market for overnight tourism in the neighboring nation, behind Danish domestic travelers. By a wide margin, the following most popular countries of origin among tourists in Denmark were the Netherlands and Norway. Denmark: smallest but most touristic country in Scandinavia As a consequence of the COVID-19 impact on tourism worldwide, the number of tourist overnight stays registered in Denmark went back down to levels recorded at the beginning of the 2010s. This setback, however, did not affect Denmark’s place as the most visited destination in the Nordic region; in 2020, Denmark accounted for ** percent of overnight stays made by international tourists in those countries. How does tourism contribute to the Danish economy? In the last year, travel and tourism contributed more than 100 billion Danish kroner to Denmark’s gross domestic product (GDP)—or around **** billion U.S. dollars based on the exchange rates of December 31, 2020. With a GDP worth approximately *** billion U.S. dollars, this sector represents a small share of the country’s economy. Nonetheless, thousands of Danish families depend on the over *** thousand jobs that it generates.

Norway NO: BOP: Current Account: Imports: Service: Travel: % of Service Imports data was reported at 33.088 % in 2017. This records an increase from the previous number of 32.042 % for 2016. Norway NO: BOP: Current Account: Imports: Service: Travel: % of Service Imports data is updated yearly, averaging 29.562 % from Dec 1975 (Median) to 2017, with 43 observations. The data reached an all-time high of 34.387 % in 1988 and a record low of 19.125 % in 1976. Norway NO: BOP: Current Account: Imports: Service: Travel: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Norway – Table NO.World Bank: Balance of Payments: Current Account. Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted Average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

With a Gross Domestic Product of over 4.3 trillion Euros, the German economy was by far the largest in Europe in 2024. The similarly sized economies of the United Kingdom and France were the second and third largest economies in Europe during this year, followed by Italy and Spain. The smallest economy in this statistic is that of the small Balkan nation of Montenegro, which had a GDP of 7.4 billion Euros. In this year, the combined GDP of the 27 member states that compose the European Union amounted to approximately 17.95 trillion Euros. The big five Germany’s economy has consistently had the largest economy in Europe since 1980, even before the reunification of West and East Germany. The United Kingdom, by contrast, has had mixed fortunes during the same period and had a smaller economy than Italy in the late 1980s. The UK also suffered more than the other major economies during the recession of the late 2000s, meaning the French economy was the second largest on the continent for some time afterward. The Spanish economy was continually the fifth-largest in Europe in this 38-year period, and from 2004 onwards, has been worth more than one trillion Euros. The smallest GDP, the highest economic growth in Europe Despite having the smallerst GDP of Europe, Montenegro emerged as the fastest growing economy in the continent, achieving an impressive annual growth rate of 4.5 percent, surpassing Turkey's growth rate of 4 percent. Overall,this Balkan nation has shown a remarkable economic recovery since the 2010 financial crisis, with its GDP projected to grow by 28.71 percent between 2024 and 2029. Contributing to this positive trend are successful tourism seasons in recent years, along with increased private consumption and rising imports. Europe's economic stagnation Malta, Albania, Iceland, and Croatia were among the countries reporting some of the highest growth rates this year. However, Europe's overall performance reflected a general slowdown in growth compared to the trend seen in 2021, during the post-pandemic recovery. Estonia experienced the sharpest negative growth in 2023, with its economy shrinking by 2.3% compared to 2022, primarily due to the negative impact of sanctions placed on its large neighbor, Russia. Other nations, including Sweden, Germany, and Finland, also recorded slight negative growth.