Based on the historical and forecasted data provided, gross investment in the civil engineering sector in Finland has experienced significant fluctuations. The series, expressed in Million Euros, stood at 157.9 in 2023. Over the last two years (2021-2023), the sector showcased moderate growth with year-on-year variations hovering around 0.89%. Between 2019-2023, the Compound Annual Growth Rate (CAGR) averaged at 3.29%, indicating a moderate recovery following the dip in 2018 and 2019.
Looking ahead, the forecast data from 2024-2028 suggests a relatively stable growth period with marginal year-on-year increases. The average annual growth rate over these five years is forecast at a conservative 0.62%. By 2028, the sector is expected to achieve a cumulative growth of 3.14% from its 2023 value.
Future trends to watch for include the impact of Finland’s infrastructure policies, potential increases in public-private partnerships, and technological advancements in construction that could drive efficiency and cost reduction. Monitoring economic conditions and regulatory changes will also be crucial for anticipating further variations in investment levels.
