Key Market Indicators
The revenue from Czech construction services is projected to rise to approximately €5 billion by 2028, up from around €4.8 billion in 2023. This represents an annual growth rate of 0.6% CAGR. Since 2013, the Czech market has maintained a steady increase of 0.6% year-on-year. In 2023, the Czech Republic ranked 17th globally in construction services revenue, with Hungary slightly ahead at €4.8 billion. Leading the rankings are France, the United Kingdom, and Italy, occupying the second, third, and fourth spots, respectively. On the production front, Czech construction services are expected to reach about €4.75 billion by 2028, rising from €4.62 billion in 2023. This sector is experiencing a 0.5% annual growth rate in CAGR. Since 2013, the Czech supply has grown by 0.3% each year. In the 2023 production rankings, the Czech Republic came in 16th, with Romania surpassing it at €4.62 billion. France, the United Kingdom, and Italy again hold the second, third, and fourth positions, respectively.
