The data reveals varied growth across European countries in high growth enterprises within the construction sector. Portugal and Italy lead with the highest enterprises at 1.13 thousand each, reflecting moderate growth. Hungary shows significant growth potential with a 17.5% increase YoY. Romania and Latvia also exhibit robust expansion rates at 19.97% and 15.42% respectively. Conversely, Norway experiences a decline of 3.46%. Czech Republic, Lithuania, and Slovakia demonstrate moderate growth, while Iceland lags with minimal enterprise numbers.
Future trends to monitor include the impact of economic policy changes and investment in sustainable building practices, which could shift growth dynamics, especially in emerging construction markets like Hungary and Romania.
Top countries in Number of High Growth Enterprises in Construction of Residential and Non-residential Buildings by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 1,130 | 2023 | +5.69% | +6.46% | View data |
| 2 | 2 Italy | 1,130 | 2023 | +9.39% | +5.37% | View data |
| 3 | 3 Hungary | 1,070 | 2023 | +17.07% | +17.5% | View data |
| 4 | 4 Czech Republic | 624 | 2023 | +12.64% | +6.06% | View data |
| 5 | 5 Lithuania | 421 | 2023 | +6.85% | +3.24% | View data |
| 6 | 6 Romania | 410 | 2023 | +7.89% | +19.97% | View data |
| 7 | 7 Latvia | 254 | 2023 | +18.14% | +15.42% | View data |
| 8 | 8 Norway | 166 | 2023 | -0.6% | -3.46% | View data |
| 9 | 9 Slovakia | 151 | 2023 | +2.72% | +5.42% | View data |
| 10 | 10 Iceland | 53 | 2023 | +12.77% | +4.76% | View data |
