In 2023, the production value of buildings construction in Sweden stood at 36.50 billion euros. Moving forward, forecasts from 2024 to 2028 indicate a steady annual growth rate. In 2024, the value is expected to reach 37.21 billion euros, followed by incremental increases each subsequent year, eventually hitting 40.13 billion euros by 2028.
Year-on-year percentage variations:
- 2023 to 2024: 1.95%
- 2024 to 2025: 1.99%
- 2025 to 2026: 1.95%
- 2026 to 2027: 1.86%
- 2027 to 2028: 1.83%
The compound annual growth rate (CAGR) over the forecast period from 2024 to 2028 is approximately 1.92%.
Future trends to watch for include advancements in sustainable construction practices, potential shifts in regulatory policies, and the impact of technological innovations in building methods. Market dynamics such as labor availability and economic fluctuations will also play crucial roles in shaping the future of the construction sector in Sweden.
