In 2023, South Korea led the self-employed in the accommodation and food services sector with 884.9 thousand, showing a 0.075% increase. Notably, Colombia faced the largest decline at -1.79%. Italy and Spain also saw decreases at -1.18% and -3.45% respectively. The United States had a decrease of -2.41%, while France had positive growth at 1.91%. Smaller markets like New Zealand and Latvia experienced significant growth at 4.72% and 7.78% largely due to their smaller base numbers. Luxembourg faced a decline of -5.36%.
Future trends to watch include:
- Potential economic recovery driving growth in self-employment, particularly in countries with negative trends.
- Increasing global tourism demand may boost the self-employed segment in countries like Spain, Italy, and the United States.
- Policy shifts and economic incentives could further influence self-employment levels, especially in Europe.
Top countries in Self-Employed People in Accommodation and Food Services Sector by Country
| # | 10 Countries | Thousand Units (Persons) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 884.9 | 2023 | +1.4% | +0.075% | View data |
| 2 | 2 Colombia | 734.78 | 2023 | +3.35% | -1.79% | View data |
| 3 | 3 Italy | 428.1 | 2023 | +0.19% | -1.18% | View data |
| 4 | 4 Spain | 221.6 | 2023 | -2.29% | -3.45% | View data |
| 5 | 5 United States | 216 | 2023 | -2.7% | -2.41% | View data |
| 6 | 6 France | 210 | 2023 | +1.45% | +1.91% | View data |
| 7 | 7 Germany | 201 | 2023 | -1.47% | -3.08% | View data |
| 8 | 8 United Kingdom | 146.5 | 2023 | +0.81% | +0.48% | View data |
| 9 | 9 Chile | 126.97 | 2023 | +3.47% | +1.71% | View data |
| 10 | 10 Netherlands | 74 | 2023 | 0% | +1.71% | View data |
