In 2023, Germany leads in employment within the real estate rental sector with 243.26k employees, despite a year-over-year decline of 3.7%. Italy and Spain follow, with Italy showing a slight decline of 0.31% and Spain experiencing an increase of 2.32%. Notable growth is observed in Belgium at 6.07%, Ireland at 6.25%, and Macedonia at 8.31%. The smaller markets such as Cyprus and Greece show positive trends, with growth rates of 5.9% and 5.85% respectively. Larger markets like France and Sweden exhibit moderate growth.
Future trends to monitor include:
- Shifts in employment due to economic recovery and digital transformation.
- Impact of sustainable real estate practices on employment.
- Potential volatility in smaller markets and Eastern European countries.
Top countries in Number of Persons Employed of Renting and Operating of Own or Leased Real Estate by Country
| # | 10 Countries | Units (Employees) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 243,260 | 2023 | +0.38% | -3.7% | View data |
| 2 | 2 Italy | 176,810 | 2023 | -0.75% | -0.31% | View data |
| 3 | 3 Spain | 175,730 | 2023 | +2.43% | +2.32% | View data |
| 4 | 4 France | 165,270 | 2023 | -0.65% | +0.55% | View data |
| 5 | 5 Poland | 99,680 | 2023 | +3.62% | +4.67% | View data |
| 6 | 6 Sweden | 65,560 | 2023 | +1.46% | +1.59% | View data |
| 7 | 7 Belgium | 52,080 | 2023 | +4.63% | +6.07% | View data |
| 8 | 8 Hungary | 40,070 | 2023 | +2.26% | +1.76% | View data |
| 9 | 9 Czech Republic | 35,880 | 2023 | +1.29% | +1.26% | View data |
| 10 | 10 Denmark | 34,930 | 2023 | +1.96% | -3.15% | View data |
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