The forecasted non-residential construction productivity in Germany shows a decreasing trend from 2024 to 2028, with values slightly declining each year. As of 2023, the productivity percentage's contribution to capital growth was higher compared to the forecasted years.
The slight year-on-year decrease suggests a continuing downward trend. Over the five-year forecast period, the cumulative average growth rate indicates a consistent decline in productivity contributions.
Future trends to watch:
- Potential technological advancements in construction that may improve productivity.
- Economic policies or infrastructure investments that could positively impact productivity.
- Global economic conditions that could influence construction activity in Germany.
