Forecast: Production Value of Construction Services in Italy

In 2023, the production value of construction services in Italy stood at 45.5 billion euros. For 2024, the forecast is 45.03 billion euros, marking a 1% decrease from 2023. The subsequent years show a consistent decline: 44.6 billion euros in 2025, down 0.96% from 2024; 44.17 billion euros in 2026, down 0.97% from 2025; 43.74 billion euros in 2027, down 0.97% from 2026; and 43.31 billion euros in 2028, down 0.98% from 2027. Over a 5-year period, the compound annual growth rate (CAGR) is approximately -0.97%.

Future trends to watch for include:

  • Economic policies that may influence construction activity and market stability.
  • Technological advancements in construction methods that could impact productivity and costs.
  • Environmental regulations and sustainability practices that could alter industry standards and operations.

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