Analysis of the global number of self-employed persons in the motor vehicles and motorcycles sector reveals significant discrepancies by country. Colombia leads with 2.51 million self-employed individuals, followed by Italy and South Korea with 1.39 and 1.36 million, respectively. In contrast, countries like Luxembourg, Norway, and Estonia show negligible numbers under 0.01 million. Colombia and Chile show a positive year-on-year growth, while countries like Japan, Canada, and Germany witness significant declines. The Compound Annual Growth Rate (CAGR) over the last five years highlights persistent trends, with Japan and Norway experiencing the steepest declines.
Future trends to watch include the impact of technological advancements on the self-employed workforce in this sector, particularly in developed countries, where automation could further reduce the need for self-employed professionals. Additionally, economic policies fostering entrepreneurship in emerging markets like Colombia and Chile might catalyze growth in self-employment numbers. Observing how these dynamics interact with global economic conditions can offer insights into the self-employment landscape's evolution.
Top countries in Number of Self-Employed Persons in Motor Vehicles and Motorcycles Wholesale, Retail Trade and Repar by Country
| # | 10 Countries | Thousand Units (Persons) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Colombia | 2,510 | 2023 | -0.16% | +0.13% | View data |
| 2 | 2 Italy | 1,390 | 2023 | -1% | -0.88% | View data |
| 3 | 3 South Korea | 1,360 | 2023 | -1.31% | -1.15% | View data |
| 4 | 4 Spain | 795 | 2023 | -0.5% | -0.37% | View data |
| 5 | 5 Japan | 699 | 2023 | -5.8% | -5.49% | View data |
| 6 | 6 Chile | 632 | 2023 | +1.12% | +1.18% | View data |
| 7 | 7 Germany | 494 | 2023 | -2.18% | -2.2% | View data |
| 8 | 8 France | 469 | 2023 | +0.21% | +0.7% | View data |
| 9 | 9 Poland | 386 | 2023 | -2.03% | -1.81% | View data |
| 10 | 10 United Kingdom | 370 | 2023 | -0.8% | -1.15% | View data |
