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Lithuania Construction Services Industry Outlook 2024 - 2028

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

Key Market Indicators

**Vilnius, Lithuania** — The revenue for Lithuanian construction services is projected to climb to €1.5 billion by 2028, marking an increase from €1.2 billion recorded in 2023. This growth corresponds to an annual average increase of 2.5%. Since 2013, the Lithuanian construction market has experienced a steady rise, averaging a 3.3% annual increase. Despite these gains, Lithuania ranked 24th in 2023, with Slovenia just ahead, also reporting €1.2 billion in revenue. Leading the rankings were France, the United Kingdom, and Italy, securing the second, third, and fourth positions, respectively. In terms of production, Lithuanian construction services are expected to reach €1.4 billion by 2028, up from €1.2 billion in 2023. This represents an average annual growth rate of 2.4%. Since 2013, the supply side of Lithuanian construction services has also grown by 3.3% annually. In 2023, Lithuania held the 24th spot in production rankings, again trailing Slovenia, which reported €1.2 billion. France, the United Kingdom, and Italy maintained their positions as the top three producers in this sector.

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Lithuania Construction Services Market Data and Forecasts