Key Market Indicators
Lithuanian Civil Engineering Revenue is projected to reach €1.66 billion by 2028, up from €1.49 billion in 2023, marking an annual growth rate of 1.7%. Over the past decade, the market has experienced an average annual growth of 2.4%. In 2023, Lithuania was ranked 25th in terms of civil engineering revenue, with Ireland slightly ahead at €1.49 billion. The United Kingdom, France, and Spain held the second, third, and fourth spots respectively. Lithuanian Civil Engineering Production is also on the rise, expected to reach €1.62 billion by 2028 from €1.47 billion in 2023, growing at an annual rate of 1.6%. Since 2010, the country’s production has grown by an average of 2.2% per year. In 2023, Lithuania ranked 26th in civil engineering production, with Latvia just ahead at €1.47 billion. Germany, France, and Spain were ranked second, third, and fourth respectively in this category.
