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Portugal Construction Services Industry Outlook 2024 - 2028

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

Key Market Indicators

**Portuguese Construction Services Production Forecasted to Hit €3.63 Billion by 2028** Portuguese construction services production is projected to grow modestly, reaching approximately €3.63 billion by 2028. This marks a slight increase from the estimated €3.59 billion in 2023, reflecting an annual growth rate of 0.2%. Since 2013, the supply from Portuguese construction services has seen a consistent rise, with an average annual growth of 2.2%. In 2023, Portugal ranked 19th globally in this sector, with Hungary narrowly ahead at €3.59 billion. Leading the rankings were France, the United Kingdom, and Italy, occupying the second, third, and fourth spots, respectively. **Portuguese Construction Services Revenue to Approach €3.98 Billion by 2028** In terms of revenue, Portugal's construction services sector is expected to reach nearly €3.98 billion by 2028, up from €3.97 billion in 2023. This represents a moderate annual growth rate of 0.1%. Since 2013, the Portuguese market for construction services has incrementally increased by an average of 2.2% per year. In the 2023 rankings, Portugal held the 19th position, with Romania slightly ahead, generating €3.97 billion. The top positions were again dominated by France, the United Kingdom, and Italy, maintaining their respective second, third, and fourth places.

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Portugal Construction Services Market Data and Forecasts