Based on historical data from 2013 to 2023, Poland's construction output has shown a combination of fluctuations and significant growth periods. Between 2013 and 2017, the growth was relatively modest, with occasional declines. From 2018 onwards, Poland experienced a substantial increase in construction output, peaking in 2023 at 660.78 billion Zloty, reflecting a notable year-on-year growth of 9.28% and a five-year CAGR of 9.79%.
The forecasted data from 2024 to 2028 indicates a continuation of this upward trajectory, with a projected average annual growth rate (CAGR) of 5.46%. The estimated growth rate over these five years is 30.45%, suggesting robust expansion driven by a combination of public infrastructure investments and private sector developments.
Future trends to watch for:
- Increased government spending on infrastructure projects
- Rising demand for residential and commercial construction
- Technological advancements and their integration into construction practices
- Impact of regulatory changes and environmental sustainability trends on construction projects