Forecast: Turnover in Specialized Construction Activities Sector in Turkey

The turnover in the specialized construction activities sector in Turkey stood at 118.25 billion New Turkish Liras in 2023. From 2024 to 2028, the turnover is forecasted to increase steadily from 124.47 billion to 146.03 billion New Turkish Liras. The year-on-year variation shows consistent growth: 4.41% from 2024 to 2025, 4.18% from 2025 to 2026, 3.96% from 2026 to 2027, and 3.77% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the next five years is approximately 3.79%.

This upward trend indicates a stable expansion in the specialized construction activities sector. Key factors to watch for include fluctuations in construction material costs, changes in urban development policies, and economic stability in Turkey. Enhanced focus on sustainable construction practices and technological advancements within the sector might further influence future growth rates.

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