The gross investment in the building completion and finishing sector in Finland showed notable volatility from 2013 to 2023. It experienced significant growth of 50.23% in 2014 but faced declines in subsequent years with a -4.37% decrease in 2015 and a -15.7% dip in 2017. However, a rebound was observed with a 6.41% increase in 2019. The most recent data for 2023 indicated a value of 38.8 million Euros, with a modest year-on-year growth of 0.78%. Over the last two years, annual growth has been minimal, with variations of 1.05% in 2022 and 0.78% in 2023. The last five years' average CAGR has been -0.1%.
The forecasted period from 2024 to 2028 predicts a steady but slow growth in investments, with an average annual growth rate of 0.61% and a total growth rate of 3.07% by 2028, indicating a gradual recovery and potential stabilization in the sector.
Future Trends to Watch For:
- The impact of sustainable building practices on investment levels
- Technological advancements in the building completion and finishing sector
- Government policies and economic conditions affecting construction activity