GDP from Construction in the United Kingdom increased to 35821 GBP Million in the first quarter of 2025 from 35727 GBP Million in the fourth quarter of 2024. This dataset provides - United Kingdom Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Construction output in the United Kingdom increased 1.20 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United Kingdom Construction Output - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, the gross value added (GVA) of the construction industry in the United Kingdom amounted to almost *** billion British pounds, compared with ***** billion pounds in the previous year.

Economic uncertainty and inflationary pressures have spurred a degree of instability in the UK economy in recent years. This has spurred a reluctance among private investors to dedicate significant spending towards capital ventures, weighing on lead generation in commercial building construction markets. High construction costs and rising interest rates have led to further apprehension among property developers to engage in new ventures, though long-term government capital procurement frameworks have provided some resilience to wavering provate investemt. Revenue is slated to rise at a compound annual rate of 0.5% over the five years through 2024-25, reaching £22.8 billion. Aided by the release of pent up demand and a stronger than anticipated initial economic recovery from the pandemic, the industry recorded a strong rebound in new orders from pandemic-induced lows in 2021-22, particularly in private commercial and private industrial markets. However, capacity constraints and the impact of reduced new work volumes secured during the height of the pandemic limited output growth. Growth in new order volumes slowed in 2022-23, as economic uncertainty compounded and rising tender prices reduced the propensity of investors to commit to commercial real estate ventures. High borrowing costs continued to weigh on investor sentiment in 2023-24. However, a steady stream of work on projects procured through capital procurement frameworks, including Procure23 and the School Rebuilding Programme, is set to maintain revenue growth through the current year. Revenue is expected to increase by 6.6% in 2024-25. Revenue is slated to climb at a compound annual rate of 0.3% to reach £23.2 billion over the five years through 2029-30. The effects of the UK's economic slowdown will continue to bite in the near term, as weak order books limit remuneration. Input price inflation is set to continue to ease in the medium term. However, material costs are likely to remain elevated and a construction worker shortage will pressure profit. Commitments made by the government as part of capital procurement frameworks will continue to support demand for commercial building contractors in the coming years, while private sector order books should improve as borrowing costs come down.

Housing and non-housing repair and maintenance were the segments with the largest construction output in the United Kingdom in 2024. Those two sectors together amounted to over ** percent of the industry. Meanwhile, the output of new private housing construction amounted to **** percent. The output volume of infrastructure in the past five years has been higher than in previous decades. A look at the construction output index for new private housing shows that output increased in 2021 and 2022, but it has fallen after that. Construction GVA increasingAn increased output also translated into a growing contribution to the gross domestic product (GDP). In the fourth quarter of 2024, the construction industry had a gross value added of nearly ** billion British pounds. That value reached a low point during the start of the COVID-19 pandemic. In comparison, the overall GDP of the United Kingdom was valued at over **** trillion British pounds. Private housing construction expected to declineThe output of the private housing sector was forecast to increase significantly in 2025. The few years after that, the output of private housing construction is expected to keep increasing but at a slower rate. The average price of houses in the UK increased noticeably in 2024, higher demand for and higher prices of housing generally incentivize the housing sector.

Forecast: Contribution to GDP of Construction in the UK 2024 - 2028 Discover more data with ReportLinker!

As of May 2025, UK construction output as measured by gross value added was *** percent larger than it was in 2022, while services output has grown by ***** percent, and agriculture by *** percent. By comparison, production output has fallen by ****percent.

The number of employees working in the construction industry in the United Kingdom has fluctuated significantly between 2019 and 2024. The most recent data shows that there were 2.06 million people working in the construction sector. Most employees in the UK construction industry are men, according to the same source.

Construction Orders in the United Kingdom decreased 0.10 percent in December of 2024 over the same month in the previous year. This dataset provides - United Kingdom Construction Orders- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Monthly Business Survey for Construction and Allied Trades (MBS) collects information about the value of work undertaken by Great British businesses on new housing, new infrastructure, other new construction projects, and repair and maintenance during the month. Information about employment is also collected quarterly. The information is used to monitor the performance of the industry and contributes to gross domestic product (GDP).

The purpose of the survey is to obtain information about the construction industry and allied trades (e.g. plumbers and electricians), and to provide a comprehensive review of economic activity. The information provided is essential as the construction industry and allied trades forms a large part of the country's industrial production and capital investment.

Businesses of all sizes are surveyed to ensure statistics are representative of the UK economy.

The study available from the UK Data Archive under SN 8807 includes monthly data for 2010-2019 and annual data files for all years.

Linking to other business studies
These data contain Inter-Departmental Business Register (IDBR) reference numbers. These are anonymous but unique reference numbers assigned to business organisations. Their inclusion allows researchers to combine different business survey sources together. Researchers may consider applying for other business data to assist their research.

Latest edition information
For the third edition (October 2023), annual data and documentation for 2021 have been added to the study.

In 2024, Albania was the country with the largest construction industry as a share of its gross domestic product (GDP) in Europe. The United Kingdom's construction sector amounted to *** percent of its GDP, the similar to Austria. However, the UK figures refer to 2023, as there were no figures for 2024. While Croatia's construction industry represented *** percent of its GDP, those figures amounted to roughly *** percent in Ireland and Greece. In 2023, France and Germany were among the European countries with the highest construction production value.

United Kingdom UK: GDP: % of GDP: Gross Value Added: Industry data was reported at 18.574 % in 2017. This records an increase from the previous number of 17.985 % for 2016. United Kingdom UK: GDP: % of GDP: Gross Value Added: Industry data is updated yearly, averaging 20.001 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 27.892 % in 1990 and a record low of 17.830 % in 2014. United Kingdom UK: GDP: % of GDP: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Gross Domestic Product: Share of GDP. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

Abstract copyright UK Data Service and data collection copyright owner. The Monthly Business Survey for Construction and Allied Trades (MBS) collects information about the value of work undertaken by Great British businesses on new housing, new infrastructure, other new construction projects, and repair and maintenance during the month. Information about employment is also collected quarterly. The information is used to monitor the performance of the industry and contributes to gross domestic product (GDP).The purpose of the survey is to obtain information about the construction industry and allied trades (e.g. plumbers and electricians), and to provide a comprehensive review of economic activity. The information provided is essential as the construction industry and allied trades forms a large part of the country's industrial production and capital investment.Businesses of all sizes are surveyed to ensure statistics are representative of the UK economy.The study available from the UK Data Archive under SN 8807 includes monthly data for 2010-2019 and annual data files for all years.Linking to other business studiesThese data contain Inter-Departmental Business Register (IDBR) reference numbers. These are anonymous but unique reference numbers assigned to business organisations. Their inclusion allows researchers to combine different business survey sources together. Researchers may consider applying for other business data to assist their research.Latest edition informationFor the third edition (October 2023), annual data and documentation for 2021 have been added to the study. Main Topics: This study provides estimates of the value of construction work undertaken in the following areas:public housing, new workpublic housing, repair and maintenanceprivate housing, new workprivate housing, repair and maintenanceinfrastructure, new workinfrastructure, repair and maintenancepublic non-housing, new workpublic non-housing, repair and maintenanceprivate non-housing, commercial, new workprivate non-housing, industrial, new workprivate non-housing, industrial and/or commercial, repair and maintenanceThe following variables are also provided:Standard Industrial Codes 2007turnoveremploymentIDBR reporting unit reference numbersweighting values

In the first quarter of 2025, the gross value added (GVA) of the construction industry in the United Kingdom was slightly higher than in the same period of the previous year. In the first quarter of 2025, the GVA of construction in the UK amounted to ***** billion British pounds. Out of its various segments, private housing constituted the biggest share of the UK construction industry based on output.

In UK Data Center Construction Market, Data centers are critical infrastructure for the digital economy, supporting services such as cloud computing, enterprise applications, and data storage.

Infrastructure in the UK, covering investment, construction activity and capital stocks, up to 2024. These are official statistics in development.

Monthly chained volume indices in gross value added for services and its main components.

Estimates for gross value added (GVA), jobs and output per job by section level industry, as defined by the Standard Industrial Classification (SIC). Contains annual and quarterly statistics. Contains estimates for industry quarter-on-quarter, year-on-year and quarter-on-year contributions to output per job.

Industry Analysts discuss remote working and the performance of the construction sector.

Price quote data (for locally collected data only) and consumption segment indices that underpin consumer price inflation statistics, giving users access to the detailed data that are used in the construction of the UK’s inflation figures. The data are being made available for research purposes only and are not an accredited official statistic. From October 2024, private school fees and part-time education classes have been included in the consumption segment indices file. For more information on the introduction of consumption segments, please see the Consumer Prices Indices Technical Manual, 2019. Note that this dataset was previously called the consumer price inflation item indices and price quotes dataset.