The United States leads with 3.16 billion hours worked in the insurance, reinsurance, and pension funding sector, showing a 1.37% increase in 2023. Canada, Poland, and the Netherlands follow, with Poland's 2.64% growth in 2023 standing out. Several European countries, like Italy, Austria, and Spain, showed slight declines, with Sweden exhibiting the largest drop at 2.84%. Luxembourg and Iceland showed positive growth at 1.74% and 0.42%, respectively.
Future Trends to Watch:
- Technological advancements impacting workforce efficiency and hours worked.
- Regulatory changes and their influence on industry labor needs.
- Economic shifts potentially altering market demand and workforce distribution.
Top countries in Total Hours Worked in Insurance, Reinsurance and Pension Funding by Country
| # | 10 Countries | Million Hours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 3,160 | 2023 | +0.77% | +1.37% | View data |
| 2 | 2 Canada | 224.42 | 2023 | +0.75% | +1.07% | View data |
| 3 | 3 Poland | 191.33 | 2023 | +1.72% | +2.64% | View data |
| 4 | 4 Netherlands | 86 | 2023 | -2.27% | -1.34% | View data |
| 5 | 5 Spain | 84.53 | 2023 | -0.6% | -0.69% | View data |
| 6 | 6 Italy | 81.85 | 2023 | -0.16% | -0.18% | View data |
| 7 | 7 Austria | 41.32 | 2023 | -0.91% | -0.76% | View data |
| 8 | 8 Sweden | 29.91 | 2023 | -1.29% | -2.84% | View data |
| 9 | 9 Denmark | 29.44 | 2023 | +0.17% | +0.4% | View data |
| 10 | 10 Ireland | 24.87 | 2023 | -0.97% | -0.12% | View data |
