Service industry
Sector description
The service industry is a mainstay of Hamburg’s economy. We all – businesses and individuals alike - benefit on a daily basis from what Hamburg’s service industry offers, be it office services, education opportunities, business- and household-related services, event services, security services or private job mediation. Hamburg’s service sector is diverse and very heterogeneous.
As a service hub, Hamburg is characterised by its wide array of sectors. Information on the main sub-sectors of the service industry – the financial and insurance industry, the real estate industry, IT, the media and creative industry, the health care industry and the consultancy industry - can be found on dedicated sector pages.
Economic data
| Key figures of the service industry* | Total |
|---|---|
| Number of companies | 19.800 |
| Employees subject to social insurance contributions | 62.000 |
| Size group of the companies | |
| 1-3 employees | 18.800 |
| 4-9 employees | 527 |
| 10-49 employees | 357 |
| > 49 employees | 159 |
| *the large subsectors are not considered |
Current climate of the service industry
The calculated business climate indicator for the Hamburg economy and the respective sectors results from the assessments of the current situation and future development. The resulting values are between 0 and 200 index points.