The global distribution of self-employed individuals in the Accommodation and Food Services sector varies significantly by country. In 2023, Colombia leads with the highest self-employment level at 1.62 billion hours, followed by Italy, Spain, and Germany. Colombia's self-employment slightly declined by 0.33%, while Italy and Spain experienced more pronounced reductions of 2.67% and 5.73%, respectively. Notably, New Zealand and Latvia witnessed a considerable increase in self-employment hours. Conversely, Estonia and Hungary faced the highest declines. The Compound Annual Growth Rate (CAGR) over the last five years indicates a moderate declining trend in most countries, reflecting wider economic transitions.
Looking ahead, several trends are worth monitoring:
- The impact of technological advancements and digital platforms facilitating the gig economy.
- Post-pandemic recovery efforts and tourism resurgence, particularly in countries heavily reliant on these sectors.
- Policy changes affecting labor markets and support for small and self-employed businesses.
- Potential shifts due to economic volatility and consumer behavior changes.
Top countries in Self-Employed People in Accommodation and Food Services Sector by Country
| # | 10 Countries | Million Hours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Colombia | 1,620 | 2023 | +3.43% | -0.33% | View data |
| 2 | 2 Italy | 910.43 | 2023 | -3.68% | -2.67% | View data |
| 3 | 3 Spain | 545.68 | 2023 | +0.41% | -5.73% | View data |
| 4 | 4 Germany | 422 | 2023 | -2.99% | -4.49% | View data |
| 5 | 5 United Kingdom | 252.74 | 2023 | -3.58% | -0.64% | View data |
| 6 | 6 Chile | 250.33 | 2023 | +3.07% | +0.99% | View data |
| 7 | 7 Netherlands | 155.67 | 2023 | +3.49% | -1.95% | View data |
| 8 | 8 Poland | 146.74 | 2023 | +0.4% | -0.48% | View data |
| 9 | 9 Portugal | 113.76 | 2023 | -2.87% | -3.78% | View data |
| 10 | 10 Austria | 113.5 | 2023 | -1.43% | -1.57% | View data |
