In 2023, the productivity contribution of non-residential construction to capital growth in France stood at a certain level. The forecasted data from 2024 to 2028 shows a gradual decline, starting at 0.32 percentage points in 2024, decreasing to 0.25 by 2028. Year-on-year variations indicate a steady decrease of 6.7% CAGR over this period, reflecting a waning impact on capital growth due to potential market saturation or decreased investment efficiency.
Future trends to watch for:
- Technological advancements and automation may mitigate productivity decline.
- Policy changes or increased investment in infrastructure might enhance growth.
- Global economic factors could influence non-residential construction trends in France.