Forecast: Production in Construction of Roads and Railways Sector in Austria

The production in the construction of roads and railways sector in Austria experienced fluctuations over the last decade. The value stood at 7.39 billion Euros in 2023. Significant variations include a decrease in 2015 and 2016, followed by gradual increase from 2018 onwards. The average annual growth over the last five years was around 1.42%. Predicted values suggest a slight CAGR of 0.32% over the next five years, indicating more stability.

Future trends to watch for:

  • Innovative infrastructure technologies
  • Government investment strategies
  • Sustainable and green construction practices

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