Forecast: Gross Value Added Per Employee FTE of Construction Services in the UK

In 2023, the Gross Value Added (GVA) per Full-Time Equivalent (FTE) in the UK construction services sector stood at 66.4 thousand euros. The forecasted data from 2024 to 2028 indicates a slow but steady upward trend, reflecting a marginal annual growth in productivity per employee. The compound annual growth rate (CAGR) over this five-year period is projected at approximately 0.18%.

Future trends to watch for include:

• Technological advancements and their impact on productivity.
• Potential economic fluctuations influencing investment in construction.
• Policy changes driven by environmental considerations and regulations.
• Skilled labor shortages and how they might affect output efficiency.