Forecast: Turnover of Construction Services in Spain

The turnover of construction services in Spain is projected to decline steadily from 2024 to 2028. Year-on-year percentage variations show a contraction:

  • 2024 to 2025: -9.4%
  • 2025 to 2026: -10.3%
  • 2026 to 2027: -11.4%
  • 2027 to 2028: -12.7%
The compounded annual growth rate (CAGR) over the five-year period is approximately -11.7%.

Attention should be given to macroeconomic conditions, government spending on infrastructure, regulatory changes, and technological advancements in construction. These factors could significantly influence the projected downturn in the construction services market in Spain.

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