Forecast: Gross Value Added Per Employee FTE of Construction of Residential and Non-residential Buildings in Italy

In 2023, the Gross Value Added (GVA) per employee FTE in the construction of residential and non-residential buildings in Italy stood at approximately 65.5 thousand euros. The forecast data from 2024 to 2028 indicates a slight declining trend, with the GVA per employee decreasing from 65.5 to 65.4 thousand euros by 2026, stabilizing thereafter. This subtle decline represents a minimal negative year-on-year variation. The Compound Annual Growth Rate (CAGR) over this period reflects a stagnant to slightly decreasing growth trend.

Future trends to watch:

• Impact of technological innovations on construction efficiency and GVA.
• Government policies impacting housing demand and construction investments.
• Economic conditions influencing construction costs and labor availability.