Forecast: Gross Value Added Per Employee FTE of Construction of Bridges and Tunnels in the UK

The Gross Value Added (GVA) per Full-Time Equivalent (FTE) employee in the UK’s bridge and tunnel construction sector is forecasted to decline from its 2023 levels. In 2024, it is expected to be negative 74,100 Euros and continue on a downward trend to reach negative 116,800 Euros by 2028. This represents a consistent year-on-year decline in value, highlighting a challenging economic environment for the sector.

Key future trends to watch include:

  • Rising costs of materials and labor influencing GVA negatively.
  • Potential policy changes or infrastructure investments that may stabilize or reverse the decline.
  • Technological advancements that could enhance productivity and efficiency in construction activities.

Top Countries about Tunnel Construction