The Construction Value Added in Brazil stands at 3.31% of the Value Added in Industry and Services as of 2023. Forecasts indicate a steady decline over the next few years: 3.14% in 2024, 2.98% in 2025, 2.82% in 2026, and 2.66% in 2027.
Year-on-year variations show:
- 2024: -5.14%
- 2025: -5.10%
- 2026: -5.39%
- 2027: -5.67%
The Compound Annual Growth Rate (CAGR) from 2023 to 2027 is -5.32%, indicating a consistent decline in the Construction Value Added over this period.
Future trends to watch for:
- Economic policies that may influence construction investments
- Technological advancements and innovations in construction methods
- Global economic conditions and their impact on Brazil's economy
- Infrastructure projects and government spending in the construction sector