Watch Demo

Latvia Construction Services Industry Outlook 2024 - 2028

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

Key Market Indicators

Latvian Construction Services Revenue is projected to reach €512 million by 2028, down slightly from €513 million in 2023, with a flat year-on-year compound annual growth rate (CAGR). Since 2013, the Latvian market has seen a 2% annual decline. In 2023, Latvia was ranked 31st, with Cyprus surpassing it by a narrow margin. France, the United Kingdom, and Italy held the second, third, and fourth positions, respectively, in the same ranking. Latvian Construction Services Production is expected to decline to €500 million by 2028 from €510 million in 2023, marking a modest 0.3% annual decrease in CAGR. Latvian supply has also been on a downward trajectory, decreasing by 2% annually since 2013. In 2023, Latvia was ranked 29th, with Bulgaria surpassing it. France, the United Kingdom, and Italy again occupied the second, third, and fourth spots in this category.

Marketing Banner

Latvia Construction Services Market Data and Forecasts