In 2023, Italy led with 1.5 billion hours worked in legal and consultancy sectors. Spain and Canada followed, showing strong growth of 1.62% and 1.75% respectively. Eastern European countries like Poland and Hungary exhibited significant increases in labor hours, suggesting economic development in these sectors. Conversely, Greece and Iceland showed a decline and near flat growth, respectively, indicating potential economic challenges.
In the long term, the compound annual growth rate (CAGR) highlights Luxembourg’s notable expansion, potentially driven by its financial sector growth. In contrast, Greece’s negative growth raises concerns about sustainability and international competitiveness.
Looking ahead, digital transformation in legal and consultancy activities is expected to shift work dynamics globally, potentially reducing manual hours while increasing demand for technological skills. Additionally, economic and regulatory changes could impact labor demands, especially in rapidly developing markets.
Top countries in Total Hours Worked in Legal and Accounting Activities; Activities of Head Offices; Management Consultancy Activities by Country
| # | 10 Countries | Million Hours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,500 | 2023 | +0.66% | +0.6% | View data |
| 2 | 2 Spain | 893.17 | 2023 | +1.59% | +1.62% | View data |
| 3 | 3 Canada | 786.84 | 2023 | +1.35% | +1.75% | View data |
| 4 | 4 Netherlands | 706 | 2023 | +1.15% | +1.05% | View data |
| 5 | 5 Poland | 600.55 | 2023 | +2.31% | +2.84% | View data |
| 6 | 6 Greece | 310.62 | 2023 | +0.75% | -0.19% | View data |
| 7 | 7 Hungary | 262.73 | 2023 | +2.47% | +2.78% | View data |
| 8 | 8 Austria | 262.27 | 2023 | +1.53% | +1.71% | View data |
| 9 | 9 Sweden | 216.07 | 2023 | +1.93% | +1.78% | View data |
| 10 | 10 Ireland | 134.33 | 2023 | +2.52% | +2.75% | View data |