Forecast: Production Value of Construction of Bridges and Tunnels in Finland

The production value of construction of bridges and tunnels in Finland has seen various fluctuations from 2013 to 2023, standing at 98.7 million euros in 2023. Significant year-on-year changes include a 24.28% drop in 2014 and a 25.11% increase in 2016. Over the last two years (2022-2023), the year-on-year variations depict minimal change with 0.72% and 0.61%, respectively. Over the five years leading up to 2023, the compound annual growth rate (CAGR) averaged at 0.81%, indicating slight overall growth amidst short-term volatility.

Looking ahead, forecasted data from 2024 to 2028 indicates steady growth. The projected compound annual growth rate (CAGR) for the next five years is 0.5%, translating to a growth rate of 2.52% by 2028. Future trends to watch for include governmental infrastructure investments, economic stability, and innovations in construction technology, which may all impact these forecasts positively.

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