The U.K. holds the top position in European construction production value, with slight growth recently. Germany's increase contrasts with Italy's significant decline. Spain, Netherlands, and Portugal show notable progress, while Romania and Serbia have seen the most rapid growth. Central and Eastern Europe face mixed trends, with Hungary rising and the Czech Republic declining. The Nordic countries present moderate growth, though Iceland had a sharp decline.
Looking ahead, watch for shifts in sustainability-driven construction, geopolitical impacts on supply chains, and innovations in construction technologies. Economic policies in Southern and Eastern Europe may influence construction investment and priorities. Monitoring these will reveal countries poised for growth or rebounding recovery.
Top countries in Production Value of Construction of Residential and Non-residential Buildings by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 115,110 | 2023 | +1.73% | +1.29% | View data |
| 2 | 2 Germany | 74,060 | 2023 | +2.96% | +3.97% | View data |
| 3 | 3 Spain | 61,680 | 2023 | +9.11% | +6.2% | View data |
| 4 | 4 Netherlands | 59,470 | 2023 | +18.15% | +8.48% | View data |
| 5 | 5 France | 47,040 | 2023 | +8.43% | +2.94% | View data |
| 6 | 6 Sweden | 36,930 | 2023 | +2.99% | +2.62% | View data |
| 7 | 7 Poland | 27,150 | 2023 | +0.11% | +0.79% | View data |
| 8 | 8 Belgium | 25,490 | 2023 | +3.12% | +4.78% | View data |
| 9 | 9 Norway | 25,300 | 2023 | +2.76% | +3.05% | View data |
| 10 | 10 Italy | 22,830 | 2023 | -25.57% | -15.9% | View data |
