In 2023, the European construction sector showed notable variations in output across countries, with Germany leading at €16.23 million, demonstrating a 6.98% increase from the previous year. The United Kingdom and France followed with values of €13.38 million and €12.61 million, up by 1.99% and 4.49% respectively. Italy's construction output saw a significant rise of 12.11% to €11.3 million. Other countries like Romania (13.72%) and Serbia (16.32%) also experienced considerable growth, whereas Latvia and Montenegro saw minor declines.
Future trends to watch:
• Green and sustainable building practices influencing growth.
• Adoption of advanced construction technology (e.g., BIM, prefabrication).
• Potential impacts of geopolitical tensions and economic policies.
• Continued urbanization and infrastructure investments.
Top countries in Construction Output Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16.23 | 2023 | +5.5% | +6.98% | View data |
| 2 | 2 United Kingdom | 13.38 | 2023 | +1.82% | +1.99% | View data |
| 3 | 3 France | 12.61 | 2023 | +2.15% | +4.49% | View data |
| 4 | 4 Italy | 11.3 | 2023 | +14.94% | +12.11% | View data |
| 5 | 5 Spain | 6.85 | 2023 | +10.93% | +5.97% | View data |
| 6 | 6 Netherlands | 5.24 | 2023 | +7.41% | +7.3% | View data |
| 7 | 7 Poland | 4.53 | 2023 | +3.19% | +6.5% | View data |
| 8 | 8 Belgium | 3.45 | 2023 | +3.67% | +5.21% | View data |
| 9 | 9 Switzerland | 3.21 | 2023 | +3.75% | +5.7% | View data |
| 10 | 10 Sweden | 2.72 | 2023 | +3.81% | +4.08% | View data |
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