Key Market Indicators
Maltese construction services production is projected to reach €338 million by 2028, up from €307 million in 2023, marking an average annual growth rate of 1.5%. This growth continues a trend seen since 2015, where Maltese supply increased by an average of 4.2% each year. In 2023, Malta ranked 32nd in construction services production, with Iceland surpassing it at €307 million. Leading the rankings were France, the United Kingdom, and Italy, occupying the second, third, and fourth spots respectively. Similarly, Maltese construction services revenue is expected to hit €343 million by 2028, up from €309 million in 2023, growing at an average annual rate of 1.7%. Like production, the revenue growth has been steady at 4.2% per year since 2015. In terms of revenue, Malta also ranked 32nd in 2023, with Latvia moving ahead at €309 million. France, the United Kingdom, and Italy again held the second, third, and fourth positions in the revenue rankings.
Malta Construction Services Market Data and Forecasts
How much will Malta Construction Services Market grow to 2028?
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