In 2023, the percentage point contribution of non-residential construction productivity to capital growth stood at 0.0085. From 2024 onwards, there is a slight decline each year in this metric, with values forecasted to drop from 0.0084 in 2024 to 0.0079 by 2028. This represents a small but consistent year-on-year decrease. The compound annual growth rate (CAGR) over this period reflects this trend with a negative figure.

Future trends to watch for:

Technological advancements improving productivity.
Policy changes affecting the construction sector.
Economic conditions influencing capital growth allocation.
Infrastructure investment programs that could stabilize or reverse declines in productivity contribution.