In 2023, the Netherlands and Spain lead in Gross Value Added (GVA) for European architectural and engineering activities, technical testing, and analysis, with figures at €13.66 billion and €13.64 billion, respectively. Belgium and Finland follow, contributing over €4 billion each. Ireland shows the most significant growth at 12.69%, while Malta experiences a robust increase of 13.05% year-on-year.
Other noteworthy changes include Estonia's substantial growth of 8.99%, outperforming other Baltic nations, and Slovenia's increase of 6.13%. Countries like Cyprus and Lithuania exhibit moderate growth, suggesting a stable but less dynamic market.
Future trends to watch include:
- Continued growth in the Netherlands and Spain as key European players in this sector.
- The potential for emerging markets in smaller nations experiencing rapid technological and infrastructural changes.
- Technological advancements and sustainability trends driving industry transformations across Europe.
Top countries in Architectural and Engineering Activities, Technical Testing and Analysis Gross Value Added by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 13,660 | 2023 | +6.95% | +6.39% | View data |
| 2 | 2 Spain | 13,640 | 2023 | +3.03% | +2.9% | View data |
| 3 | 3 Belgium | 5,790 | 2023 | +3.13% | +4.75% | View data |
| 4 | 4 Finland | 4,510 | 2023 | +2.71% | +3.54% | View data |
| 5 | 5 Ireland | 4,120 | 2023 | +11.04% | +12.69% | View data |
| 6 | 6 Portugal | 1,960 | 2023 | +4.26% | +6.08% | View data |
| 7 | 7 Slovenia | 932.55 | 2023 | +2.13% | +6.13% | View data |
| 8 | 8 Lithuania | 408.64 | 2023 | +3.23% | +5.4% | View data |
| 9 | 9 Estonia | 336.91 | 2023 | +3.14% | +8.99% | View data |
| 10 | 10 Latvia | 302.18 | 2023 | +3.01% | +4.29% | View data |
