Key Market Indicators
Austrian Construction Services Production is projected to rise to approximately €15,460 million by 2028, up from €13,940 million in 2023. This represents an annual growth rate of 1.7%. Since 2013, the Austrian supply has seen an average yearly increase of 2.6%. In 2023, Austria ranked 11th globally in construction services production, with Belgium surpassing it with production also valued at €13,940 million. France, the United Kingdom, and Italy held the second, third, and fourth positions, respectively. Looking at revenue, Austrian Construction Services are expected to reach around €14,020 million by 2028, up from €13,790 million in 2023. This marks a modest average yearly growth rate of 0.3%. Since 2013, the Austrian market has grown by an average of 1.4% annually. In 2023, Austria also ranked 11th in construction services revenue, with Belgium once again overtaking it with a revenue of €13,790 million. France, the United Kingdom, and Italy secured the second, third, and fourth spots, respectively, in this ranking.
