Analyzing the gross investment in the civil engineering sector in Austria from 2013 to 2023, a notable upward trend is observed. Starting at 147.1 million Euros in 2013, the value has increased significantly to reach 336.9 million Euros in 2023. This substantial growth includes several fluctuations, such as a peak increase in 2018 (44.03%) followed by a downturn in 2019 (-10.9%). Recent years' growth continues albeit at a slowing pace: 2022 (5%) and 2023 (4.11%). The Compound Annual Growth Rate (CAGR) over the last five years (up to 2023) is 2.92%.
Key variations:
- 2013: 7.53% year-on-year, -4.46% CAGR
- 2014: -1.29% year-on-year, 0.7% CAGR
- 2015: 19.97% year-on-year, 5.36% CAGR
- 2016: -1.78% year-on-year, 1.68% CAGR
- 2017: 18.41% year-on-year, 8.17% CAGR
- 2018: 44.03% year-on-year, 14.68% CAGR
- 2019: -10.9% year-on-year, 12.36% CAGR
- 2020: 10.65% year-on-year, 10.55% CAGR
- 2021: 7.13% year-on-year, 12.49% CAGR
- 2022: 5% year-on-year, 9.82% CAGR
- 2023: 4.11% year-on-year, 2.92% CAGR
The forecasted period from 2024 to 2028 anticipates a steady rise in gross investment, reaching 380.1 million Euros by 2028. The projected CAGR for this period is 1.76%, indicating a moderate growth rate.
Future trends to watch for:
- Potential impacts of economic policies and government spending on infrastructure.
- Influence of global economic conditions on investment trends.
- Emerging technologies and sustainability projects potentially driving investment.
- Impact of inflation and material costs on sector investments.
