In 2023, France leads the European construction output with €35.19 million, experiencing a 4.6% increase from previous years. Italy follows with €26.73 million, showing a significant growth of 8.58%. The Netherlands and Belgium registered robust increases, with 7.3% and 5.21% respectively. Emerging players like Slovenia and Malta experienced the most substantial growth rates, at 12.98% and 10.55%, suggesting vibrant construction activities. Finland, Ireland, and Slovakia showed modest gains, while Greece and Estonia experienced moderate increases. Latvia saw a minimal change with 0.27%.
Future trends to watch include potential shifts in market dynamics due to policy changes, infrastructure investments, and sustainable construction practices. Watch for ongoing digitalization, labor shortages, and economic conditions across Europe that may influence future growth in the construction industry.
Top countries in Construction Output Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 35.19 | 2023 | +2.71% | +4.6% | View data |
| 2 | 2 Italy | 26.73 | 2023 | +10.87% | +8.58% | View data |
| 3 | 3 Netherlands | 14.55 | 2023 | +7.41% | +7.3% | View data |
| 4 | 4 Belgium | 9.57 | 2023 | +3.67% | +5.21% | View data |
| 5 | 5 Finland | 4.37 | 2023 | +1.23% | +3.69% | View data |
| 6 | 6 Ireland | 2.84 | 2023 | +2.68% | +2.68% | View data |
| 7 | 7 Slovakia | 1.82 | 2023 | +1.98% | +5.04% | View data |
| 8 | 8 Slovenia | 1.2 | 2023 | +18.31% | +12.98% | View data |
| 9 | 9 Luxembourg | 1.07 | 2023 | +6.1% | +8.22% | View data |
| 10 | 10 Greece | 1 | 2023 | +2.43% | +6.63% | View data |
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