Industry revenue of »temporary employment agency activities« in Belgium 2011-2023

Belgium is one the smaller but more stable economies in Europe. Temporary work opportunities have been growing steadily in the country owing to a fast changing employment landscape.  A lot more firms are now hiring temporary workers, primarily due to the fact that they are cost efficient. According to figures from the Belgian federation of HR service providers, the number of temporary workers in the country amounted to 656,281 in 2017, six percent more than the previous year. Therefore, it is not surprising to see that the revenue of temporary employment agency activities has also been growing steadily.

Unemployment rate on the decline

unemployment rate has been declining. The number of unemployed individuals amounted to 489,000 in 2019, compared to 557,000 in 2017, and are projected to further reduce to 402,000 by 2024. Most of the part-time workers are employed in the health care sector, followed by hotels & restaurants.

Industry revenue of »temporary employment agency activities« in Belgium from 2011 to 2023

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Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Belgium. The industry “temporary employment agency activities“ has the code “N782“.

Details on the methodology can be found here.

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