The Gross Value Added (GVA) per Full-Time Equivalent (FTE) in the construction of residential and non-residential buildings in the UK was 118.8 thousand euros in 2023. From 2024 to 2028, forecasted values increase steadily from 120.5 to 127.1 thousand euros, indicating a positive trend in productivity. The year-on-year variation shows an upward trajectory, with an approximate annual growth rate (CAGR) of around 1.3%. This trend suggests a consistent improvement in GVA, reflecting potential efficiency gains and economic health in the construction sector.
Future trends to watch for include the impact of digitalization and automation on productivity, shifts in housing demand driven by demographic changes, and the influence of sustainability regulations on construction practices. Keeping an eye on economic policies and material costs will also be crucial for anticipating further developments in this sector.
