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Austria Construction Services Industry Outlook 2024 - 2028

See how Austria Construction Services performed compared to key markets such as Germany, France and the United Kingdom.

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.

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Austria Construction Services Market Data and Forecasts