How Much Money Does Norway Make From Tourism?

By Anna Duncan

Norway, a Nordic country known for its natural beauty and unique culture, is a popular tourist destination. Tourists flock to Norway to experience its stunning fjords, picturesque landscapes, and vibrant cities. This has led to a significant boost in the country’s economy through the tourism industry.

How much money does Norway make from tourism?

According to recent statistics, tourism is one of Norway’s most significant industries. In 2019, the tourism industry contributed around 5% of Norway’s total GDP. The total revenue generated from tourism was approximately 60 billion Norwegian kroner (NOK), which is equivalent to 6.8 billion US dollars.

The impact of COVID-19 on Norwegian tourism

The COVID-19 pandemic has had a severe impact on the global travel industry, and Norway is no exception. The country experienced a significant drop in tourist arrivals in 2020 due to travel restrictions and lockdowns imposed by various countries worldwide.

In 2020, Norwegian tourism saw a decline of around 50% compared to the previous year. The revenue generated from the tourism industry also decreased significantly, with estimates suggesting that it fell by approximately 41%.

Popular tourist attractions in Norway

Norway offers an array of breathtaking sights and experiences that attract tourists from all over the world. Some of the most popular tourist attractions in Norway include:

  • The Northern Lights: A spectacular natural light show visible in northern regions of Norway.
  • Oslo: The capital city of Norway offers an abundance of cultural experiences such as museums, galleries, and music festivals.
  • The Fjords: Norway’s stunning fjords are among its most iconic attractions.
  • Bergen: A picturesque city surrounded by mountains and fjords offering visitors an authentic taste of Norwegian culture.

Conclusion

Norway’s tourism industry is a crucial contributor to the country’s economy. Despite the challenges posed by the COVID-19 pandemic, Norway remains an attractive destination for tourists worldwide. The country’s natural beauty, vibrant cities, and unique culture continue to draw visitors and generate revenue for the country.