In 2023, Italy led with 455.91 million hours in auxiliary financial services, followed by Canada at 269.57 million hours. Spain and Poland recorded sizeable engagements at 167.25 and 118.68 million hours, respectively. Ireland and Denmark saw positive growth rates in 2023 at 3.07% and 2.48%. Conversely, Greece, Sweden, and Hungary faced negative year-on-year trends. Luxembourg's and Finland's hours increment, at 2.35% and 2.13%, indicate robust performance.
Future trends to watch include digital transformation's impact on workforce needs and automation's potential to alter hours worked across nations. Emphasis on technological adaptation may also reconfigure traditional work allocations in auxiliary financial services globally.
Top countries in Total Hours Worked in Activities Auxiliary to Financial Service and Insurance Activities by Country
| # | 10 Countries | Million Hours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 455.91 | 2023 | +0.12% | +0.14% | View data |
| 2 | 2 Canada | 269.57 | 2023 | +1.11% | +1.58% | View data |
| 3 | 3 Spain | 167.25 | 2023 | +1.68% | +1.59% | View data |
| 4 | 4 Poland | 118.68 | 2023 | +1.71% | +0.91% | View data |
| 5 | 5 Netherlands | 85 | 2023 | 0% | 0% | View data |
| 6 | 6 Ireland | 62.73 | 2023 | +2.71% | +3.07% | View data |
| 7 | 7 Greece | 61.73 | 2023 | +0.2% | -1.19% | View data |
| 8 | 8 Hungary | 44.74 | 2023 | -0.85% | -0.69% | View data |
| 9 | 9 Austria | 44.55 | 2023 | +0.27% | +0.31% | View data |
| 10 | 10 Czech Republic | 40.03 | 2023 | +0.33% | +0.6% | View data |