The European Construction Production Index reveals varying growth patterns across countries. In 2023, Montenegro, Albania, and Cyprus showed robust production levels, leading the pack. Notable increases were seen in Serbia, Hungary, and Malta. However, larger economies like Germany and France experienced more modest growth. While some nations such as Spain and Macedonia saw declines, others maintained stability with minimal fluctuations, including Switzerland and Greece.
Future trends to watch include:
- Potential continued growth in Southeastern Europe driven by infrastructure investments.
- The impact of economic conditions on construction activity in major economies like Germany and France.
- Green construction trends influencing the sector's growth across Europe.
- Post-pandemic recovery efforts potentially boosting production across various countries.
Top countries in Construction Production Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Montenegro | 236.6 | 2022 | -4.44% | +3.5% | View data |
| 2 | 2 Albania | 188.1 | 2022 | +12.5% | +8.4% | View data |
| 3 | 3 Cyprus | 186.4 | 2022 | -5.67% | +3.88% | View data |
| 4 | 4 Serbia | 184 | 2022 | -10.42% | +9.59% | View data |
| 5 | 5 Malta | 160.7 | 2022 | +5.31% | +8.45% | View data |
| 6 | 6 Slovenia | 158.4 | 2022 | +22.13% | +8.41% | View data |
| 7 | 7 Hungary | 158.2 | 2022 | +1.87% | +8.5% | View data |
| 8 | 8 Estonia | 153.2 | 2022 | -1.23% | +3.81% | View data |
| 9 | 9 Romania | 143.8 | 2022 | +12.87% | +9.73% | View data |
| 10 | 10 Croatia | 141.7 | 2022 | +3.96% | +6.16% | View data |
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