As of 2023, Germany leads with the largest employment figures in retail trade, with over 20,000 individuals engaged, followed by the UK and Spain. Countries such as Italy, Poland, and South Korea show notable positive growth in employment from 2022 to 2023, with Italy and Poland surpassing a 1% increase. In contrast, the UK experienced a slight decrease, while Finland and New Zealand noted modest declines. The Compound Annual Growth Rate (CAGR) will be key to understanding future trends over the next five years.
Future trends to watch include younger demographics entering the workforce and technological advancements reshaping employment patterns in the retail sector. Numerous emerging markets may witness a rise in labor demands, driven by expanding retail networks and e-commerce platforms necessitating a hybrid workforce globally.
Top countries in Number of Employees in Retail Trade (Except of Motor Vehicles and Motorcycles) Share by Country (Thousand Units (Persons))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 20.41 | 2023 | +0.44% | +0.43% | View data |
| 2 | 2 United Kingdom | 19.14 | 2023 | +0.19% | -0.042% | View data |
| 3 | 3 Spain | 9.56 | 2023 | +0.5% | +0.53% | View data |
| 4 | 4 Italy | 9.07 | 2023 | +1.19% | +1.21% | View data |
| 5 | 5 Poland | 8.96 | 2023 | +1.11% | +1.32% | View data |
| 6 | 6 South Korea | 7.7 | 2023 | +1.05% | +1.08% | View data |
| 7 | 7 Netherlands | 5.22 | 2023 | +0.93% | +0.75% | View data |
| 8 | 8 Austria | 2.4 | 2023 | +0.72% | +0.71% | View data |
| 9 | 9 Hungary | 2.32 | 2023 | +0.36% | +0.44% | View data |
| 10 | 10 Greece | 2.01 | 2023 | +0.92% | +1.05% | View data |