Global revenue growth

Consistent revenue gains across our global footprint were achieved by focusing on the pursuit international business across the largest economies, plus investment in people and technology to meet emerging client needs. 

Europe, Middle East and Africa region (+10%)

• Central and Western Europe experienced robust growth, driven by strong performance in Germany (+14%) Austria (+12%), Ireland (13%) and the UK (7%).
• Revenue in France grew significantly (+20%), due to organic growth and future-oriented acquisitions to align with the changing needs of the market. 
• The Nordic region reported significant uplift (+10%), and strong performance across all service lines. 
• Revenues from the Middle East rose by 13% overall, with double-digit growth in Egypt, Jordan, Kuwait, Saudi Arabia and United Arab Emirates. 
• Regional and cross-border collaboration continues to drive ongoing growth across sub- Saharan Africa. 
• Regional growth percentages are in USD 
• All country growth percentages are in local currency 

Asia Pacific region (+6%) 

• India achieved exceptional growth (+26%) by focusing on innovation and digital transformation, growing the labour force to over 10K employees, and establishing an expanded regional presence. 
• Australia remains a key driver, delivering a 10% increase year on year. 
• The ASEAN region saw strong overall growth (+9%), led by Malaysia (+17%). 
• China delivered 8% growth, despite challenging market conditions. 

Americas region (+5.5%)

• In North America, the combined growth of Canada and the US market was 4%, while key market Mexico saw a 15% increase in revenue. 
• In South America, Brazil (+25%) and Columbia (+24%) each saw impressive growth, with continuous investment in technology and people development driving recognition and strength in the market. 

This collaborative strategy has seen notable rewards in:

• the East Africa region (Ethiopia, Kenya, Rwanda, Tanzania and Uganda), fully aligning their strategy, people, processes and technology, enhancing quality and efficiency. Some of the key milestones achieved are bigger regional project wins, ISO27001 accreditation, joint business development initiatives, establishing experienced quality champions and adopting the same audit tools. 

Similarly, 

• in Latin America, regional collaboration and investment in people and technology has led to enhanced operational efficiency, talent growth, the acquisition of new clients and growing recognition in the marketplace, driving growth in audit, tax and advisory services.  

Investing in people 

BDO is a people-powered business, and we continue to invest to attract and secure the best talent. In 2024, our workforce grew across all levels and service lines to almost 120,000 in number (+3.4%), across 1,800 offices globally. 

A firm foundation in quality 

Quality is a top priority at BDO with a clear strategy focused on building the team and infrastructure necessary to consistently deliver a high-quality standard across all services. BDO has made substantial investments to ensure that quality remains at the core of our culture and work. 

• Significant investment to improve BDO’s integration audit solution and audit processes. 
• A new global tool for compliance reporting, designed to compile and monitor governance, risk, and compliance data for BDO firms. 
• Implementing a SoQM that meets ISQM1 standards, ensuring consistent engagement quality. 
• Recruiting specialised talent, upskilling teams, and enhancing training and resources. 

Transformational technology 

In 2024, BDO introduced its secure generative artificial intelligence (AI) platform, empowering its teams to use the latest technology and deliver the best value to the businesses they serve.