In 2023, Germany led European value added in Architectural and Engineering Activities; Technical Testing and Analysis, contributing €48.14 billion. Italy and Spain followed with €17.44 billion and €12.84 billion, respectively. Germany and Ireland posted significant growth rates of 2.25% and 2.87% year-on-year. Conversely, Greece experienced a decline of 3.96%. Over the past five years, performance has varied across countries with steady overall growth, highlighting Germany's consistent strength and rising contributions from Belgium and Ireland.
Looking to the future, these sectors might experience shifts due to digital transformation and sustainable development demands. Countries leading in technology and innovation, like Germany, will likely maintain their dominance. Watch for increased investments in green technologies and smart infrastructure, influencing the sector's evolution and potential growth opportunities. Additionally, mergers and partnerships within the EU may reshape the competitive landscape, offering both challenges and new growth avenues.
Top countries in Value Added of Architectural and Engineering Activities; Technical Testing and Analysis by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 48,140 | 2023 | +1.81% | +2.25% | View data |
| 2 | 2 Italy | 17,440 | 2023 | +0.25% | +0.02% | View data |
| 3 | 3 Spain | 12,840 | 2023 | +1.68% | +1.47% | View data |
| 4 | 4 Netherlands | 10,730 | 2023 | +1.62% | +1.38% | View data |
| 5 | 5 Belgium | 5,350 | 2023 | +2.39% | +3.11% | View data |
| 6 | 6 Austria | 5,280 | 2023 | +1.94% | +2.01% | View data |
| 7 | 7 Finland | 4,220 | 2023 | +2.23% | +2.14% | View data |
| 8 | 8 Ireland | 2,670 | 2023 | +3.21% | +2.87% | View data |
| 9 | 9 Slovakia | 1,300 | 2023 | +1.89% | +0.096% | View data |
| 10 | 10 Greece | 893.03 | 2023 | -5.07% | -3.96% | View data |
