Key Market Indicators
Macedonian Construction Services Revenue is projected to hit €170 million by 2028, marking a modest growth from €167 million in 2023. This represents an average annual growth rate of 0.3%. Since 2016, the Macedonian market has seen a yearly increase of 2.6%. In 2023, Macedonia ranked 34th in the global market, with Bosnia and Herzegovina marginally ahead at €167 million. Leading the rankings were France, the United Kingdom, and Italy, respectively occupying the second, third, and fourth positions. Macedonian Construction Services Production is anticipated to reach €132 million by 2028, up from €130 million in 2023. This reflects a compound annual growth rate (CAGR) of 0.2%. Since 2016, the country's supply has grown by 3% annually. In 2023, Macedonia also ranked 34th in production, again trailing Bosnia and Herzegovina, which posted the same €130 million figure. France, the United Kingdom, and Italy maintained their dominant positions in this ranking as well.
