The Financial Service Activities sector in Poland has experienced fluctuations in employee numbers over the past decade. Notably, 2013 and 2014 saw decreases in employment, followed by a recovery in 2015. The workforce peaked slightly in 2018, but faced a decline again by 2021. As of 2023, the sector employed 239.5 thousand people, with a marginal uptick from 2022.
Year-on-year variations:
- The years 2020 to 2021 saw decreases of -1.99% and -1.33% respectively.
- From 2021 to 2023, there was a slight recovery with increases of 0.34% and 0.29%.
CAGR analysis:
- The last 5 years (2018-2023) experienced an average annual decline of -1.58%.
Future forecasts predict a gradual recovery, with the employee count expected to reach 242.1 thousand by 2028, reflecting a 5-year CAGR of 0.17%.
Trends to watch for:
- Technological advancements fostering automation and digital transformation impacting employment.
- Economic shifts and regulatory changes influencing sectoral growth.
- Increasing demand for skilled digital finance professionals.