The turnover of construction of railways and underground railways in Denmark showed significant fluctuations over the past decade. From 2013 to 2023, there was substantial growth, particularly notable in 2015 and 2016 with year-on-year increases of 38.16% and 9.29% respectively. However, there were also significant declines, such as the 29.71% drop in 2017 and the 24.4% downturn in 2020. In 2023, the turnover stood at 776.6 million Euros, marking a 7.37% increase from the previous year. The last five years ending in 2023 witnessed an average annual growth rate (CAGR) of 3.52%.
Future trends to watch for include a more stabilized growth rate, with forecast data indicating moderate year-on-year increases culminating in a 0.76% CAGR over the next five years. The projected turnover for 2028 is 820.2 million Euros, highlighting a forecasted overall growth rate of 3.88% from 2024. This indicates a phase of steady growth, although at a slower pace compared to the earlier years.
