In 2023, South Korea led in self-employed individuals in accommodation and food services with 20.83 thousand persons. It was followed by Colombia (19.54 thousand), Japan (11.39 thousand), and Italy (10.78 thousand). Notably, despite Japan's larger economy, its share decreased by 3.35%, while the UK saw a 3.03% increase. Chile experienced the highest growth at 4.1%, while Hungary faced the steepest decline at 5.59%. Meanwhile, the U.S. and Germany witnessed declines of 1.96% and 1.85% respectively, reflecting broader economic trends.
Future trends to watch include the potential influence of economic recovery on self-employment rates. Monitoring the digitization of the hospitality sector, which could reshape self-employment dynamics, and the effects of global travel resurgence post-COVID-19 will also be key. Additionally, the varying pace of economic recovery across countries might lead to shifts in these figures, particularly in emerging markets boosting self-employment in these sectors.
Top countries in Number of Self-Employed Persons in Accommodation and Food Services Share by Country (Thousand Units (Persons))
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 South Korea | 20.83 | 2023 | +0.23% | +0.11% | View data |
2 | 2 Colombia | 19.54 | 2023 | -0.36% | -0.53% | View data |
3 | 3 Japan | 11.39 | 2023 | -3.58% | -3.35% | View data |
4 | 4 Italy | 10.78 | 2023 | +0.44% | +0.22% | View data |
5 | 5 Spain | 6.76 | 2023 | 0% | +0.49% | View data |
6 | 6 United States | 5.19 | 2023 | -0.45% | -1.96% | View data |
7 | 7 Germany | 5.02 | 2023 | -1.83% | -1.85% | View data |
8 | 8 United Kingdom | 3.9 | 2023 | +0.61% | +3.03% | View data |
9 | 9 Chile | 3.36 | 2023 | +3.62% | +4.1% | View data |
10 | 10 Greece | 2.54 | 2023 | -1.82% | -1.25% | View data |