The number of high growth enterprises in employment services across Europe in 2023 displayed significant variability by country. Norway leads with 195 enterprises, experiencing a YoY growth of 19.81%. The Czech Republic and Hungary follow with 183 and 157 enterprises, showing growth rates of 2.47% and 5.7%, respectively. Although Portugal and Italy have lower counts, they still exhibit positive growth trends. Conversely, Slovakia and Latvia saw a slight decline, with Latvia experiencing a significant decrease of 6.01%. Notably, Iceland, despite having only 2 enterprises, showed a remarkable increase of 14.87%.
Future trends to watch include:
- Continued growth in Northern European countries, particularly Norway, which may maintain its lead.
- Potential stabilization or further growth in Southern and Eastern European markets as economic conditions improve.
- A focus on technological integration and innovation within employment services to sustain growth among high-growth enterprises.
- Potential market shifts or corrections in countries experiencing declines, such as Latvia, requiring strategic interventions.
Top countries in Number of High Growth Enterprises in Employment Services by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 195 | 2023 | +20.37% | +19.81% | View data |
| 2 | 2 Czech Republic | 183 | 2023 | +11.59% | +2.47% | View data |
| 3 | 3 Hungary | 157 | 2023 | +15.44% | +5.7% | View data |
| 4 | 4 Portugal | 88 | 2023 | +14.29% | +2.98% | View data |
| 5 | 5 Italy | 67 | 2023 | +13.56% | +3.29% | View data |
| 6 | 6 Lithuania | 52 | 2023 | +6.12% | +5.92% | View data |
| 7 | 7 Romania | 35 | 2023 | +16.67% | +0.58% | View data |
| 8 | 8 Slovakia | 34 | 2023 | +3.03% | -0.58% | View data |
| 9 | 9 Latvia | 11 | 2023 | -8.33% | -6.01% | View data |
| 10 | 10 Iceland | 2 | 2023 | 0% | +14.87% | View data |
