Forecast: Construction Value Added in Italy

The construction value added in Italy is expected to decline from $70.424 billion in 2024 to $65.548 billion by 2028. This indicates a continuous drop over the forecasted period, with year-on-year variations showing a decrease each year. Compared to 2023, where the value stood at approximately $71 billion, the industry is experiencing a downtrend. The compound annual growth rate (CAGR) for these years illustrates a steady negative growth, emphasizing a contracting market. Factors such as economic conditions, policy changes, or declining demand might be contributing to this trend.

Future trends to watch include potential economic recovery efforts, changes in Italian housing policies, and shifts in EU financing that could influence construction investments. Additionally, technological advancements and sustainability efforts may alter the trajectory of this sector.