The turnover of the construction of buildings industry in Austria increased by 1.4 billion euros (+6.39 percent) in 2022. While the growth in this industry is slowing down, with 23.6 billion euros, the turnover is at its peak in the observed period. Notably, the turnover in this industry continuously increased over the last years.For the purpose of Eurstat Dataset NACE Rev.2 Section K turnover comprises the totals invoiced by the observation unit during the reference period, which corresponds to market sales of goods or services supplied to third parties.Find more statistics on the construction of buildings industry in Austria with key insights such as number of enterprises, production value, personnel costs, and number of employees.

Forecast: Construction Sector Final Consumption of Primary Solid Biofuels in Austria 2024 - 2028 Discover more data with ReportLinker!

The number of enterprises in the construction industry in Austria increased by 961 enterprises (+2.38 percent) since the previous year. With 41,399 enterprises, the number of enterprises thereby reached its highest value in the observed period. According to Eurostat, this includes all companies that were active during at least a part of the reference period.Find more statistics on the construction industry in Austria with key insights such as turnover, production value, personnel costs, and number of employees.

The number of employees in the construction industry in Austria increased by 13,798 employees (+4.66 percent) in 2021 in comparison to the previous year. Therefore, the number of employees in Austria reached a peak in 2021 with 310,111 employees. The relationship of employer to employee exists when there is an agreement, which may be formal or informal, between an enterprise and a person, normally entered into voluntarily by both parties, whereby the person works for the enterprise in return for remuneration in cash or in kind.Find more statistics on the construction industry in Austria with key insights such as number of enterprises, turnover, production value, and personnel costs.

The number of enterprises in the construction of buildings industry in Austria increased by 268 enterprises (+4.5 percent) since the previous year. With 6,225 enterprises, the number of enterprises thereby reached its highest value in the observed period. Only active units which either had turnover or employment at any time during the reference period should be included.Find more statistics on the construction of buildings industry in Austria with key insights such as turnover, production value, personnel costs, and number of employees.

Forecast: Employment in Specialized Construction Activities Sector in Austria 2024 - 2028 Discover more data with ReportLinker!

Austria’s construction industry has undergone a dramatic decline since 2008. In real terms, the Austrian construction industry’s output contracted by 17.8% between 2008 and 2015. The decline can be attributed to an economic slowdown, and weak business confidence and consumer demand, leading to reduced demand in the construction industry. Read More

Graph and download economic data for Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Austria (LFEAINTTATA647N) from 1999 to 2023 about Austria, construction, employment, and industry.

Forecast: Turnover in Specialized Construction Activities Sector in Austria 2024 - 2028 Discover more data with ReportLinker!

The number of employees in the construction of buildings industry in Austria increased by 3,237 employees (+4.29 percent) in 2021. Therefore, the number of employees in Austria reached a peak in 2021 with 78,737 employees. The relationship of employer to employee exists when there is an agreement, which may be formal or informal, between an enterprise and a person, normally entered into voluntarily by both parties, whereby the person works for the enterprise in return for remuneration in cash or in kind.Find more statistics on the construction of buildings industry in Austria with key insights such as number of enterprises, turnover, production value, and personnel costs.

Europe’s Mining, Quarrying and Construction Machinery Manufacturing industry produces earthmoving equipment, excavators and processing machinery. Performance is tied closely to construction and mining activity. Depressed construction activity in countries like France, Czech Republic and Hungary punctures the need for construction equipment. Nevertheless, the need to address housing shortages and build smarter homes across the continent ensures a high volume of work, boosting orders for diggers and excavators. Revenue is forecast to slump at a compound annual rate of 4.9% to €57.2 billion over the five years through 2024. Rising house prices and rising disposable income lifted construction activity leading up to the pandemic, resulting in revenue growth for construction machinery makers. The disruption to on-site construction activity caused by the pandemic dented construction and drilling equipment sales across the continent. High interest rates and soaring building costs have drastically reduced new building projects in Europe, directly affecting construction equipment. Government funding and policies to build more homes and enhance energy efficiency in Europe are elevating the volume of construction work, driving manufacturers' sales. However, revenue is hurt by more companies turning to leasing and renting construction equipment for short- and long-term projects. The drive to reduce reliance on Russian energy is elevating funding for renewable projects. More investment in drilling will drive orders for excavators, earthmoving equipment and drilling rigs, relieving the pressure on revenue, which is projected to drop by 5% in 2024.
Revenue is forecast to climb at a compound annual rate of 1.9% to €62.9 billion over the five years through 2029. Construction activity is set to remain sluggish in the short term due to cautious investors but government funding for several construction projects will raise the need for construction machinery.

Forecast: Employment in Construction of Roads and Railways Sector in Austria 2022 - 2026 Discover more data with ReportLinker!

Austria - Labour cost index: Industry (except construction) was 7.90 % year-on-year in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Austria - Labour cost index: Industry (except construction) - last updated from the EUROSTAT on March of 2025. Historically, Austria - Labour cost index: Industry (except construction) reached a record high of 8.70 % year-on-year in June of 2023 and a record low of -0.80 % year-on-year in June of 2021.

Graph and download economic data for Production: Industry: Total Industry Excluding Construction for Austria (AUTPRINTO01GYSAM) from Jan 1956 to Dec 2024 about Austria, construction, and production.

Forecast: Gross Investment in Building Completion and Finishing Sector in Austria 2024 - 2028 Discover more data with ReportLinker!

Graph and download economic data for Production: Industry: Total Industry Excluding Construction for Austria (PRINTO01ATQ659S) from Q1 1956 to Q4 2024 about Austria, IP, and construction.

Graph and download economic data for Monthly Hours Worked: Industry Excluding Construction for Austria (DISCONTINUED) (HOHWIN03ATM065N) from Jan 1965 to Dec 2007 about Austria, hours, construction, and industry.

Revenue is forecast to contract at a compound annual rate of 4.7% over the five years through 2024. COVID-19 caused significant disruption to the construction sector, the industry’s largest market, resulting in weaker demand for aggregates and materials used in the production of construction inputs. Although activity has since risen in line with the easing of lockdown restrictions, poor economic conditions have stifled any significant recovery, continuing to weigh on the industry’s revenue performance. In 2024, revenue is expected to tumble by 3.5% to €43.7 billion. Pandemic-induced supply chain disruptions were worsened by disruption caused by the Russia-Ukraine conflict, contributing to significant inflationary pressures. In response to rampant inflation, central banks have made retaliatory hikes to the base rate of interest, though this has increased the cost of borrowing for consumers and businesses, hurting activity in the housebuilding and commercial construction markets. This has weighed on demand for quarried materials and reduced revenue prospects for quarry operators. Over the five through 2029, revenue is forecast to grow at a compound annual rate of 2.6%, to €49.6 billion. Economic conditions are likely to remain fairly weak in the short to medium term as inflation remains above the universal 2% target. The elevated rate of inflation will ensure central banks delay any reductions in the base rate, keeping the cost of borrowing high for would-be home buyers. Weaker demand for houses will contribute to weak price performance and disincentivise developers from increasing production, weighing on activity levels in the construction sector.

This statistic shows the revenue of the industry “construction“ in Austria by segment from 2012 to 2018, with a forecast to 2025. It is projected that the revenue of construction in Austria will amount to approximately 22.15 billion U.S. Dollars by 2025.

This statistic shows the revenue of the industry “construction of residential and non-residential buildings“ in Austria from 2012 to 2018, with a forecast to 2025. It is projected that the revenue of construction of residential and non-residential buildings in Austria will amount to approximately 17.77 billion U.S. Dollars by 2025.