In 2023, Switzerland led in the European turnover of head office services with a value of 76.09 billion euros, followed by Germany and the United Kingdom with 61.65 and 31.97 billion euros respectively. Notable year-on-year growth was observed in Austria (23.02%), Poland (17.71%), and Serbia (15.3%). Meanwhile, significant declines were seen in France (-19.99%) and Croatia (-37.73%). Overall, the sector exhibited diverse performances across countries, with varied economic and organizational factors at play.
Future trends to watch in this sector include digital transformation and remote work's effects on organizational structures, as well as economic conditions influencing businesses' strategic necessities for central management. These factors could largely impact turnover dynamics and country-specific growth patterns in the coming years.
Top countries in Turnover of Head Offices Services by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 76,090 | 2023 | +7.4% | +0.72% | View data |
| 2 | 2 Germany | 61,650 | 2023 | +0.18% | +6.38% | View data |
| 3 | 3 United Kingdom | 31,970 | 2023 | +4.93% | +6.18% | View data |
| 4 | 4 Netherlands | 16,080 | 2023 | +3.32% | +2.93% | View data |
| 5 | 5 Spain | 14,040 | 2023 | +5.66% | +3.41% | View data |
| 6 | 6 Belgium | 13,150 | 2023 | +7.74% | +3.85% | View data |
| 7 | 7 Italy | 5,710 | 2023 | -1.64% | -8.93% | View data |
| 8 | 8 Denmark | 4,860 | 2023 | +5.64% | +5.94% | View data |
| 9 | 9 France | 3,930 | 2023 | -36.02% | -19.99% | View data |
| 10 | 10 Austria | 3,500 | 2023 | +12.57% | +23.02% | View data |
