The global number of employees in the real estate sector exhibits significant variability across countries. Japan leads with 854,000 employees, followed by the United Kingdom at 509,410 and Germany at 440,000. South Korea and Spain have 370,000 and 149,700 employees, respectively. Other notable counts include Poland at 122,600 and Sweden at 87,000. Countries with smaller real estate workforces include Iceland with 1,600 employees and Luxembourg at 3,200.
The year 2023 displayed modest increases in employee numbers for most countries. Japan saw a 0.69% increase, the UK 1.53%, and Germany 0.84%. Standout growth includes Portugal at 1.84%, New Zealand at 2.25%, and Iceland at 2.71%. Some countries, like Poland and Estonia, experienced slight declines at -0.7% and -0.72%, respectively. Greece showed a remarkable 4.28% increase.
Future trends in the global real estate workforce may involve digital transformation and the rise of remote work, possibly stabilizing employee numbers in traditionally high-concentration regions while boosting employment in countries currently exhibiting lower workforce numbers.
Top countries in Number of Employees in Real Estate by Country
| # | 10 Countries | Thousand Units (Persons) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 854 | 2023 | +1.07% | +0.69% | View data |
| 2 | 2 United Kingdom | 509.41 | 2023 | +1.7% | +1.53% | View data |
| 3 | 3 Germany | 440 | 2023 | +0.69% | +0.84% | View data |
| 4 | 4 South Korea | 370 | 2023 | +1.07% | +1.18% | View data |
| 5 | 5 Spain | 149.7 | 2023 | +1.56% | +1.22% | View data |
| 6 | 6 Poland | 122.6 | 2023 | -0.81% | -0.7% | View data |
| 7 | 7 Sweden | 87 | 2023 | +1.16% | +1.44% | View data |
| 8 | 8 Italy | 84.7 | 2023 | +1.44% | +1.33% | View data |
| 9 | 9 Hungary | 70.82 | 2023 | +0.58% | +0.49% | View data |
| 10 | 10 Chile | 66.9 | 2023 | +1.36% | +0.76% | View data |