Over the period from 2013 to 2023, the turnover in the Construction of Roads and Railways Sector in Sweden showed notable fluctuations. The sector experienced significant growth in some years, such as 2015 and 2020, but also faced declines in other years like 2016 and 2019. By the end of 2023, the turnover stood at 55.59 billion SEK, representing a slight growth compared to previous years. The overall CAGR for the last five years up to 2023 was 0.41%.
From 2024 onwards, the forecasted data suggests a steady but modest upward trend, with the turnover expected to reach 57.39 billion SEK by 2028. The forecasted 5-year CAGR is 0.51%, indicating a period of stable growth.
Future trends to watch for include:
- Infrastructure investments by the government
- Advancements in construction technology
- Sustainable construction practices
- Economic conditions influencing sector demand