The turnover of building project developments in Germany has shown significant variation over the years. Starting at €13.72 billion in 2013, it saw an overall growth with fluctuations, reaching €30.03 billion in 2023, reflecting a 3.66% year-on-year increase. The sector experienced notable volatility, with sharp dips in 2015 and 2017, contrasted by peaks in 2018 and 2020. Over the past five years, the cumulative average growth rate (CAGR) stood at 8.62%. Forecast data from 2024 onwards project a steady annual increase, anticipating a turnover of €35.17 billion by 2028, with a forecasted 5-year CAGR of 2.5%.

Future trends to watch for:

A steady increase in turnover with a moderate annual growth rate.
Potential impacts of economic policies and resource constraints on longer-term development.
Adoption of sustainable and smart building technologies driving innovation and growth.