France leads in European building project production value with 49.36 billion Euros in 2024, followed by the UK and Germany. Poland and Norway show significant growth, reflecting substantial investments in infrastructure. Conversely, Spain experienced a significant decline. Overall, Hungary and several other smaller markets have shown strong year-on-year growth exceeding 10%, indicating emerging development opportunities.
Future trends to watch include:
- Continued growth in Central and Eastern European countries like Poland, Romania, and Hungary supported by EU funding.
- Potential recovery in Spain and Italy, driven by economic reforms and infrastructure investments.
- Steady growth in mature markets like France, Germany, and the UK, albeit at a slower pace compared to emerging markets.
- Increased investments in sustainable and green building projects amidst growing environmental concerns.
Top countries in Production Value of Building Projects Developments by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 49,360 | 2023 | +7.53% | +4.76% | View data |
| 2 | 2 United Kingdom | 32,160 | 2023 | +1.18% | +0.99% | View data |
| 3 | 3 Germany | 30,860 | 2023 | +3.53% | +7.76% | View data |
| 4 | 4 Poland | 20,450 | 2023 | +10.75% | +14.7% | View data |
| 5 | 5 Norway | 12,330 | 2023 | +7.61% | +4.83% | View data |
| 6 | 6 Spain | 6,200 | 2023 | -51.83% | -28.73% | View data |
| 7 | 7 Belgium | 6,130 | 2023 | +3.48% | +3.61% | View data |
| 8 | 8 Netherlands | 5,690 | 2023 | +10.29% | +1.98% | View data |
| 9 | 9 Austria | 5,680 | 2023 | +8.18% | +8.67% | View data |
| 10 | 10 Romania | 4,660 | 2023 | +10.45% | +11.08% | View data |