The non-residential construction productivity contribution to capital growth in the UK has demonstrated a steady incremental rise from 2024 onwards. The forecasted growth, measured year by year from 2024 to 2028, shows a consistent increase of approximately 0.02 percentage points annually. This reflects a positive trend in productivity contributing to capital growth, following a stable baseline established in previous years. Given that the data for 2023 is not explicitly provided, we ascertain that 2024 sets the starting point for forecasted growth, reflecting a slight upward momentum in the sector.

Future trends to watch for include:

Technological advancements in construction methods could further enhance productivity.
Potential economic policy changes impacting investment in non-residential construction.
Shifts in demand for non-residential spaces due to evolving business needs and post-pandemic recovery dynamics.