Forecast: Construction Output in Poland

The construction output in Poland has shown significant growth from 2013 to 2023, fluctuating over the period but maintaining an overall upward trend. In 2023, the value stood at 133.15 billion Euros, marking a year-on-year increase of 3.19%. Between 2018 and 2023, the compound annual growth rate (CAGR) was recorded at 6.5%, indicating robust growth. The year-on-year variations highlight periods of both expansion and contraction, reflecting market dynamics and external economic factors.

Looking forward, the forecasted data from 2024 to 2028 suggest continued growth, albeit at a more moderate pace. The five-year CAGR from 2023 to 2028 is projected to be 2.26%, with a total forecasted growth rate of 11.8% over the same period.

Future trends to watch for:

  • Economic policies and infrastructural investments by the Polish government
  • Impact of technological advancements and sustainability practices in construction
  • Influences of the broader European economy and global market conditions

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