The European collection agencies and credit bureaus industry experienced varying employment trends in 2023. Germany, despite having the largest workforce in this sector, showed a slight decline, while the UK and Italy experienced growth at 1.16% and 2.72%. Poland and Romania notably surged at 3.81% and 4.76%. Meanwhile, France and Sweden saw declines of 2.76% and 2.91% respectively. Interestingly, Serbia had a significant increase of 36.26%, suggesting a rapidly expanding credit market. Conversely, Greece and Slovenia exhibited noticeable contractions at 9.08% and 6.51% respectively.
Future trends to watch include potential regulatory changes, technological advancements such as AI and automation that might alter workforce needs, and economic shifts which could impact credit markets and collection dynamics across Europe. Monitoring these could provide insights into employment fluctuations and growth opportunities within the sector.
Top countries in Number of Persons Employed of Collection Agencies and Credit Bureaus Services by Country
| # | 10 Countries | Units (Employees) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27,240 | 2023 | +0.79% | -0.91% | View data |
| 2 | 2 United Kingdom | 16,560 | 2023 | +0.98% | +1.16% | View data |
| 3 | 3 Spain | 14,490 | 2023 | -0.95% | -0.71% | View data |
| 4 | 4 Italy | 12,490 | 2023 | +1.41% | +2.72% | View data |
| 5 | 5 Poland | 5,850 | 2023 | +6.11% | +3.81% | View data |
| 6 | 6 France | 3,320 | 2023 | -4.85% | -2.76% | View data |
| 7 | 7 Norway | 3,220 | 2023 | +1.58% | +1% | View data |
| 8 | 8 Romania | 3,170 | 2023 | +4.31% | +4.76% | View data |
| 9 | 9 Netherlands | 2,570 | 2023 | -6.48% | -4.65% | View data |
| 10 | 10 Finland | 2,300 | 2023 | +2.36% | +2.57% | View data |
