Key Market Indicators
Bosnian civil engineering production is projected to hit the €1 billion mark by 2028, up from approximately €870 million in 2023. This represents an average annual growth rate of 2.2%. Since 2016, Bosnia's civil engineering supply has consistently increased at an average rate of 4.7% per year. In 2023, Bosnia ranked 29th globally in civil engineering production, with Estonia surpassing it at the same €870 million mark. The top ranks were held by Germany, France, and Spain, respectively. Meanwhile, Bosnian civil engineering revenue is forecasted to surge to nearly €2 billion by 2028, rising from €1.3 billion in 2023. This translates to an average annual growth rate of 6.3%. Since 2016, the Bosnian market has experienced a robust growth rate of 13% per year. In 2023, Bosnia stood at 28th place in terms of civil engineering revenue, with Estonia again leading at the €1.3 billion mark. The United Kingdom, France, and Spain were the frontrunners in this category, ranking second, third, and fourth, respectively.