As of 2023, the Gross Value Added (GVA) per employee in the UK's machinery for mining, quarrying, and construction sector stood at 122.5 thousand Euros. Forecasts from 2024 to 2028 show a steady increase from 125.3 to 132.1 thousand Euros. The year-on-year growth rates from 2024 to 2028 average around 1.4%, indicating consistent growth in productivity. The 5-year compound annual growth rate (CAGR) since 2023 is approximately 1.5%, reflecting a healthy upward trend in value generation per employee.
Future trends to watch include:
- Technological advancements and automation driving further productivity improvements.
- Potential impacts of policy changes and sustainability initiatives on operational efficiencies.
- Economic shifts that could influence investment levels in the sector.