In 2023, Germany led Europe in the production value of building and landscape services, despite having a moderate growth rate of 1.77%. The UK and France trailed, both showcasing stronger growth rates than Germany at 2.5% and 3.05%, respectively. Notably, Switzerland and Poland outpaced other countries with impressive growth rates of 5.55% and 7.05%. Romania exhibited the most significant increase at 9.27%, while Iceland experienced a decline of 3.59%. Smaller economies like Serbia, Portugal, and Croatia also achieved substantial growth. Cumulatively, growth trends indicate regional variations and differences in economic conditions.
Future trends suggest a continued upward trajectory for Eastern European countries due to rapid urban development and increased investment. Conversely, Western European countries might face slower growth, influenced by market saturation and regulatory challenges. Monitoring policy changes, technological advancements, and sustainability initiatives will be crucial for anticipating shifts in production values across Europe.
Top countries in Production Value of Buildings and Landscape Services Share by Country (Million Euros)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 23.21 | 2023 | +3.05% | +1.77% | View data |
2 | 2 United Kingdom | 18.07 | 2023 | +2.01% | +2.5% | View data |
3 | 3 France | 11.93 | 2023 | +2.89% | +3.05% | View data |
4 | 4 Italy | 8.69 | 2023 | +2.35% | +2.07% | View data |
5 | 5 Spain | 6.98 | 2023 | +2.4% | +2.67% | View data |
6 | 6 Netherlands | 5.21 | 2023 | +3.3% | +3.42% | View data |
7 | 7 Belgium | 3.94 | 2023 | +4.09% | +4.35% | View data |
8 | 8 Switzerland | 3.83 | 2023 | +3.61% | +5.55% | View data |
9 | 9 Sweden | 3.04 | 2023 | +3% | +3.57% | View data |
10 | 10 Austria | 2.31 | 2023 | +3.84% | +3.72% | View data |