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