Forecast: Contribution to GDP of Construction in France

The contribution of the construction sector to France's GDP has shown a declining trend from 5.94 in 2013 to 5.33 in 2023. Over the last two years (2022-2023), there was a year-on-year decrease of -0.38%. From the actual data in 2023, the forecast for future years continues to show a similar downward trajectory, reaching 5.2 by 2028. The forecasted CAGR for the next five years is -0.38%, indicating a consistent average yearly decline.

Future trends to watch for:

• Technological advancements in construction methods to possibly offset declines.
• Government policies and infrastructure projects that could stimulate sector growth.
• Economic fluctuations and their impacts on construction investment.
• Environmental sustainability initiatives and their integration into construction practices.