In 2024, Germany maintained its position as the leader in the European construction services market with 1.2649 billion hours worked, exhibiting a significant year-on-year growth of 4.2%. On the other hand, the United Kingdom (0.78509 billion hours) and Poland (0.27093 billion hours) also showed positive growth trends, with the UK having a slight increase of 0.31% and Poland recording a 3.75% increase year-on-year. Meanwhile, Italy (0.4612 billion hours) and Spain (0.39191 billion hours) experienced declines of -1.73% and -4.31%, respectively.
Other notable trends:
- The Netherlands showed a minor decline of -0.78% in hours worked, totaling 0.17212 billion hours.
- Smaller increases were seen in countries like Sweden (0.16622 billion hours, 0.89% growth) and Romania (0.15314 billion hours, 2.33% growth).
- Countries like Austria (0.1351 billion hours, 0.4%), Portugal (0.10727 billion hours, 2.26%), and Norway (0.092062 billion hours, 0.59%) saw modest growths.
- In contrast, countries such as Hungary (-0.43%), Czech Republic (-2.6%), Greece (-1.76%), Lithuania (-3.21%), Bulgaria (-4.72%), and Slovakia (-4.92%) experienced reductions in hours worked.
- Smaller economies like Bosnia and Herzegovina (0.0098014 billion hours, 0.17%) and Cyprus (0.0097426 billion hours, -0.93%) presented minimal changes.
Future trends to watch for in European construction services include potential recovery in countries with recent declines (e.g., Spain, Italy), continued growth in leading markets (e.g., Germany, Poland), and the impact of economic and regulatory policies on smaller markets. Moreover, technological and environmental advancements may significantly influence labor hours and productivity across the region.
Top countries in Hours Worked in Construction Services by Country
# | 10 Countries | Hours | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 1,264,900,000 | 2023 | +3.14% | +4.2% | View data |
2 | 2 United Kingdom | 785,090,000 | 2023 | +0.42% | +0.31% | View data |
3 | 3 Italy | 461,200,000 | 2023 | -1.92% | -1.73% | View data |
4 | 4 Spain | 391,910,000 | 2023 | -5.54% | -4.31% | View data |
5 | 5 Poland | 270,930,000 | 2023 | +1.87% | +3.75% | View data |
6 | 6 Netherlands | 172,120,000 | 2023 | -0.71% | -0.78% | View data |
7 | 7 Sweden | 166,220,000 | 2023 | +0.91% | +0.89% | View data |
8 | 8 Romania | 153,140,000 | 2023 | -2.53% | +2.33% | View data |
9 | 9 Austria | 135,100,000 | 2023 | +0.69% | +0.4% | View data |
10 | 10 Portugal | 107,270,000 | 2023 | +1.17% | +2.26% | View data |