The financial services employment landscape in 2023 showed significant regional variations. The United States led with 3.32 million employees, rising by 1.21% from the previous year. Europe presented a mixed picture: Germany saw a decline of 1.53% to 0.562 million employees, the United Kingdom decreased by 0.78%, and France remained stable with a slight increase of 0.1%. Italy and Spain faced modest declines, while Ireland and Sweden emerged positively with growth rates of 4.97% and 3.23%, respectively. Eastern European countries like Lithuania and Estonia saw significant increases (8.47% and 9.93%), contrasting with declines in many other countries in the region.
Future trends to watch include the continued rise in digital and fintech sectors potentially driving workforce changes, shifting geopolitical landscapes affecting employment stability, and regional policy adjustments influencing job growth or decline. Focus on tech-driven roles will likely increase, reshaping the traditional financial services employment structure.
Top countries in Employees in Financial Service Activities Sector by Country
# | 10 Countries | Thousand Units (Persons) | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United States | 3,320 | 2023 | +0.03% | +1.21% | View data |
2 | 2 Germany | 562 | 2023 | -1.23% | -1.53% | View data |
3 | 3 United Kingdom | 456.26 | 2023 | -0.55% | -0.78% | View data |
4 | 4 France | 400 | 2023 | 0% | +0.1% | View data |
5 | 5 Italy | 311.1 | 2023 | -1.27% | -0.88% | View data |
6 | 6 Poland | 239.5 | 2023 | +0.29% | -1.58% | View data |
7 | 7 Spain | 203.2 | 2023 | -0.54% | -1.04% | View data |
8 | 8 Romania | 78.4 | 2023 | -1.01% | -1.16% | View data |
9 | 9 Ireland | 74.21 | 2023 | +1.05% | +4.97% | View data |
10 | 10 Austria | 73.5 | 2023 | +0.89% | +0.48% | View data |