The road infrastructure investment in Austria saw significant fluctuations from 2013 to 2023. Starting from €363 million in 2013, the value increased to €508.23 million by 2023, reflecting varied year-on-year changes. There were peaks in 2017 and 2019 with growth rates of 15.99% and 21.38%, respectively, while observing a notable decline of -12.41% in 2021. The Compound Annual Growth Rate (CAGR) for the last five years stands at 1.88%. By 2028, the investment is forecasted to reach €575.34 million, demonstrating a 10.24% growth from 2023, with a projected 5-year CAGR of 1.97%.
Future trends to watch for:
- Government policy changes impacting infrastructure funding.
- Economic factors that could alter budget allocations.
- Technological advancements in road construction.
- Environmental sustainability concerns and their effect on infrastructure projects.