The impact of travel and tourism on Sweden's economy was estimated to amount to nearly 465.8 billion Swedish kronor in 2024, around 14 billion SEK more than the previous year. Sweden's tourism GDP recovered from the coronavirus COVID-19 pandemic period by 2023, with higher numbers than from the pre-pandemic period.
The tourism sector contributed less than *** percent to the gross domestic product (GDP) in Sweden in 2020 and 2021. This development was highly associated to the COVID-19 pandemic. The Scandinavian country's GDP in that year amounted to around *** billion U.S. dollars.
The tourism sector GDP share in Sweden was forecast to continuously increase between 2023 and 2028 by in total 2.3 percentage points. The share is estimated to amount to 8.43 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 Denmark.
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International tourism, number of arrivals in Sweden was reported at 1957000 in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Sweden - International tourism, number of arrivals - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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Sweden Tourism Revenue: Stockholm data was reported at 9,639,811.397 SEK th in 2017. This records an increase from the previous number of 9,128,549.880 SEK th for 2016. Sweden Tourism Revenue: Stockholm data is updated yearly, averaging 6,115,313.899 SEK th from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 9,639,811.397 SEK th in 2017 and a record low of 4,233,195.000 SEK th in 2003. Sweden Tourism Revenue: Stockholm data remains active status in CEIC and is reported by Swedish Agency for Economic and Regional Growth. The data is categorized under Global Database’s Sweden – Table SE.Q001: Tourism Revenue.
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Sweden SE: International Tourism: Receipts: for Passenger Transport Items data was reported at 2.338 USD bn in 2010. This records an increase from the previous number of 1.962 USD bn for 2009. Sweden SE: International Tourism: Receipts: for Passenger Transport Items data is updated yearly, averaging 1.018 USD bn from Dec 1995 (Median) to 2010, with 16 observations. The data reached an all-time high of 2.338 USD bn in 2010 and a record low of 425.000 USD mn in 1997. Sweden SE: International Tourism: Receipts: for Passenger Transport Items data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Sweden – Table SE.World Bank.WDI: Tourism Statistics. International tourism receipts for passenger transport items are expenditures by international inbound visitors for all services provided in the international transportation by resident carriers. Also included are passenger services performed within an economy by nonresident carriers. Excluded are passenger services provided to nonresidents by resident carriers within the resident economies; these are included in travel items. In addition to the services covered by passenger fares--including fares that are a part of package tours but excluding cruise fares, which are included in travel--passenger services include such items as charges for excess baggage, vehicles, or other personal accompanying effects and expenditures for food, drink, or other items for which passengers make expenditures while on board carriers. Data are in current U.S. dollars.; ; World Tourism Organization, Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files.; Gap-filled total;
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Forecast: Tourism Direct GDP in Sweden 2023 - 2027 Discover more data with ReportLinker!
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Forecast: Total Tourism GDP in Sweden 2024 - 2028 Discover more data with ReportLinker!
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International tourism, receipts (current US$) in Sweden was reported at 14926000000 USD in 2018, according to the World Bank collection of development indicators, compiled from officially recognized sources. Sweden - International tourism, receipts - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Sweden SE: International Tourism: Receipts: for Travel Items data was reported at 12.633 USD bn in 2016. This records an increase from the previous number of 11.307 USD bn for 2015. Sweden SE: International Tourism: Receipts: for Travel Items data is updated yearly, averaging 7.181 USD bn from Dec 1995 (Median) to 2016, with 22 observations. The data reached an all-time high of 12.633 USD bn in 2016 and a record low of 3.471 USD bn in 1995. Sweden SE: International Tourism: Receipts: for Travel Items data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Sweden – Table SE.World Bank.WDI: Tourism Statistics. International tourism receipts for travel items are expenditures by international inbound visitors in the reporting economy. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars.; ; World Tourism Organization, Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files.; Gap-filled total;
9.7 (%) in 2019. The share of Travel & Tourism spending or employment in the equivalent economy-wide concept in the published national income accounts or labour market statistics. Visitor exports are compared with exports of all goods and services Domestic Travel & Tourism spending is compared with GDP Government individual Travel & Tourism spending is compared with total government spending Internal Travel & Tourism consumption is compared with total internal consumption (i.e. total domestic spending plus total export) Leisure Travel & Tourism contribution to GDP is compared with total GDP Business Travel & Tourism contribution to GDP is compared with total GDP Travel & Tourism capital investment spending is compared with all fixed investment spending
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International tourism, number of departures in Sweden was reported at 6081000 in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Sweden - International tourism, number of departures - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Sweden GDP: Exports: Goods and Services: Services: Travel Funds data was reported at 129,635.000 SEK mn in 2017. This records an increase from the previous number of 117,329.000 SEK mn for 2016. Sweden GDP: Exports: Goods and Services: Services: Travel Funds data is updated yearly, averaging 51,571.000 SEK mn from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 129,635.000 SEK mn in 2017 and a record low of 20,568.000 SEK mn in 1993. Sweden GDP: Exports: Goods and Services: Services: Travel Funds data remains active status in CEIC and is reported by National Institute of Economic Research. The data is categorized under Global Database’s Sweden – Table SE.A049: ESA 2010: GDP: Exports and Imports: Goods and Services: Current Price.
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Sweden SE: Trade Balance: All Services: Travel data was reported at -40,112.700 SEK mn in 2023. This records a decrease from the previous number of -33,993.500 SEK mn for 2022. Sweden SE: Trade Balance: All Services: Travel data is updated yearly, averaging -34,963.550 SEK mn from Dec 2010 (Median) to 2023, with 14 observations. The data reached an all-time high of -16,670.800 SEK mn in 2020 and a record low of -49,321.900 SEK mn in 2018. Sweden SE: 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 Sweden – Table SE.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.).
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The Sweden hospitality package market is projected to grow from USD 5.83 million in 2025 to USD 9.15 million by 2033, at a CAGR of 4.26%. The growth of the market is attributed to the increasing number of tourists visiting Sweden and the growing popularity of hospitality packages. The major drivers of the market are the increasing demand for convenience and value-added services, the growing popularity of online travel agencies, and the increasing number of international visitors. The key trends in the Sweden hospitality package market include the increasing popularity of customized packages, the growing demand for sustainable travel, and the increasing use of technology in the hospitality industry. The major companies in the market are Nordic Choice Hotels, Scandic Hotels, Elite Hotels, Ligula Hospitality Group, Best Western Hotels & Resorts, Marriott International, Accor Hotels, First Hotels, Radisson Hotel Group, Hilton Hotels & Resorts, and Comwell Hotels. Recent developments include: April 2023: Choice Hotels EMEA added Scandinavia's "Fortress Hotels" to its Ascend Hotels Collection portfolio., April 2023: Scandic announced it would open its first hotel under its new Scandic Go brand, a smart, sustainable hotel concept under the economy segment, at the beginning of September in Stockholm, Sweden.. Key drivers for this market are: Growth In Tourism, Strong Economy. Potential restraints include: Seasonality, Skilled Labor Shortages. Notable trends are: Increasing Number of Foreign Visitors Are Driving the Market.
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Sweden - Nights spent at tourist accommodation establishments in partnership with Europe was 59413595.00 in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Sweden - Nights spent at tourist accommodation establishments in partnership with Europe - last updated from the EUROSTAT on June of 2025. Historically, Sweden - Nights spent at tourist accommodation establishments in partnership with Europe reached a record high of 60676996.00 in December of 2023 and a record low of 38480669.00 in December of 2020.
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Sweden SE: Exports: USD: All Services: Travel data was reported at 9.871 USD bn in 2023. This records an increase from the previous number of 9.044 USD bn for 2022. Sweden SE: Exports: USD: All Services: Travel data is updated yearly, averaging 9.181 USD bn from Dec 2010 (Median) to 2023, with 14 observations. The data reached an all-time high of 10.190 USD bn in 2011 and a record low of 4.350 USD bn in 2020. Sweden SE: 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 Sweden – Table SE.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.).
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Hotels and short-term accommodation providers in Europe enjoy strong demand due to the continent’s well-developed tourism sector and significant number of holiday destinations that cater to various consumer needs. European residents often holiday domestically or go on trips to other European countries due to how quick and easy it is to travel to them. Rising domestic and international tourism fuelled accommodation demand prior to the COVID-19 outbreak, but travel restrictions then decimated revenue. Revenue is slated to contract at a compound annual rate of 9.5% over the five years through 2024 to €187.9 billion, including an expected 3.2% drop in 2024. Despite the numerous popular holiday spots spread across Europe, including Spain, Italy and France, hotels and other holiday accommodation providers weren’t prepared for the catastrophic drop in tourism caused by the COVID-19 pandemic. Strict restrictions on international travel decimated tourist numbers, with holiday accommodation sites forced to close for long periods in 2020. The easing of travel restrictions in 2021 and 2022 drove revenue back up, supported mostly by heightened domestic tourism due to heightened consumer confidence and a trend towards staycations. Since 2022, though, severe inflation and heightened economic and geopolitical uncertainty have squeezed consumers’ budgets and made them less confident of their financial prospects confidence, limiting spending on holidays. European hotels and short-term accommodation providers faces intense competition, putting pressure on prices and RevPAR. The growing popularity of online booking platforms like Airbnb has played a big part in increasing competitive pressures. To attract potential guests, accommodation providers are adopting dynamic pricing strategies and investing in enhancing the customer experience through innovation and differentiation. Revenue is forecast to swell at a compound annual rate of 2.9% over the five years through 2029 to €217 billion. A mounting number of international guests and strong demand for domestic holidays will drive growth. As consumer confidence improves and inflation edges back down to more normal levels, disposable income will climb, stimulating holiday spending. Hotels and short-term accommodation providers will continue to face competitive pressures as the popularity of short-term rental platforms grows, hindering revenue and profit.
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The Sweden hospitality package market, valued at €5.83 billion in 2025, is projected to experience steady growth, exhibiting a Compound Annual Growth Rate (CAGR) of 4.26% from 2025 to 2033. This expansion is fueled by several key factors. Increased inbound tourism, driven by Sweden's appealing natural landscapes, vibrant cities, and strong cultural heritage, significantly contributes to market growth. The rising popularity of experiential travel, with tourists seeking curated packages encompassing accommodation, activities, and transportation, further boosts demand. Furthermore, the development of innovative hotel offerings, such as the expansion of budget and economy hotels catering to price-conscious travelers and the growth of unique service apartments targeting extended-stay visitors, diversifies the market and fuels its expansion. The presence of established international hotel chains alongside strong domestic players like Scandic Hotels and Nordic Choice Hotels ensures a competitive landscape driving service innovation and competitive pricing. However, the market also faces certain constraints. Economic fluctuations impacting disposable income and travel budgets can influence demand, while seasonal variations in tourism can lead to peaks and troughs in market activity. Furthermore, the increasing reliance on online booking platforms necessitates continuous investment in digital marketing and online visibility to maintain competitiveness. Nevertheless, the overall outlook for the Swedish hospitality package market remains positive, with continued growth projected throughout the forecast period. The market’s segmentation by hotel type (chain vs. independent) and by hotel segment (budget, mid-scale, luxury) allows for targeted marketing and investment strategies within the various market niches. The presence of robust loyalty programs offered by major hotel brands further contributes to customer retention and market stability. Recent developments include: April 2023: Choice Hotels EMEA added Scandinavia's "Fortress Hotels" to its Ascend Hotels Collection portfolio., April 2023: Scandic announced it would open its first hotel under its new Scandic Go brand, a smart, sustainable hotel concept under the economy segment, at the beginning of September in Stockholm, Sweden.. Key drivers for this market are: Growth In Tourism, Strong Economy. Potential restraints include: Growth In Tourism, Strong Economy. Notable trends are: Increasing Number of Foreign Visitors Are Driving the Market.
In 2021, the expenditure of foreign visitors in Sweden represented almost one percent of the country's gross domestic product (GDP). Meanwhile, Swedish travelers in other countries contributed more than one percent to their nation's GDP. Despite the recovery recorded versus the previous year, these share were still below pre-pandemic levels.
The impact of travel and tourism on Sweden's economy was estimated to amount to nearly 465.8 billion Swedish kronor in 2024, around 14 billion SEK more than the previous year. Sweden's tourism GDP recovered from the coronavirus COVID-19 pandemic period by 2023, with higher numbers than from the pre-pandemic period.