Key Market Indicators
Serbian Construction Services Revenue is projected to reach approximately €1.4 billion by 2028, up from around €1.1 billion in 2023. This reflects an annual growth rate (CAGR) of 3.8%. Since 2019, the Serbian market has experienced a significant annual increase of 8.9%. In the 2023 rankings, Serbia was placed 26th, with Greece surpassing it at €1.1 billion. The top spots in the ranking were held by France, the United Kingdom, and Italy, respectively. In terms of production, Serbian Construction Services is expected to grow from €975 million in 2023 to €1.2 billion by 2028, indicating a 3.2% annual growth rate. Since 2019, Serbia's supply has seen an annual increase of 8.4%. In 2023, Serbia also ranked 26th in production, with Greece leading at €975 million. France, the United Kingdom, and Italy occupied the second, third, and fourth positions, respectively, in the production rankings.
