The Czech Republic Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H1 2025)
Summary
GlobalData expects Czech Republic’s construction industry to recover and expand in real terms by 3.3% in 2025, following a contraction of 0.7% in 2024. This will be supported by investments in hospitality and transport infrastructure sector, with the utilization of the European Union’s Recovery and Resilience Facility (RRF) fund. The construction value add growth has accelerated in recent quarters, recording growth of 2.9% YoY in Q4 2024, which was preceded by a YoY growth of 1.6% in Q3 and a marginal decline of 0.7% in Q2 2024. Reflecting the improving conditions in the construction sector, new order for construction works has recorded sharp growth in the fourth quarter of 2024. According to the Czech Statistical Office (CZSO), total number of new orders for construction work grew by 18.1% year-on-year (YoY) in Q4 2024, following YoY growth of 1.8% in Q3 and 8.3% in Q2 2024. Growth in 2025 will also be supported by the Czech government’s investment under the 2025 State Budget, which was approved in December 2024. The 2025 State Budget includes an expenditure of CZK2.3 trillion ($100.3 billion), an increase of 4.2% compared to the expenditure of CZK2.22 trillion ($96 billion), in the 2024 Budget.
Over the remainder of the forecast period, the construction industry is expected to record an average annual growth of 3.4% between 2026 and 2029, supported by public and private sector investments in the country’s transport infrastructure, energy and housing projects. The forecast period growth will also be driven by the government’s aim to increase the share of renewable energy sources, in the total energy mix, from 16.5% in 2023 to 28% by 2030, and 46% by 2050, reducing greenhouse gas emissions by 55% by 2030, compared to 1990 levels. The Czech based energy projects developer, Czech energy utility (ČEZ), is planning to construct two new 1,000MW units at the Dukovany nuclear power plant by 2038, with an estimated investment of CZK400 billion ($17.3 billion).
GlobalData’s Construction in the Czech Republic - Key Trends and Opportunities to 2029 (H1 2025) report provides detailed market analysis, information, and insights into the Czech Republic’s construction industry, including -
- The Czech Republic’s construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Czech Republic’s construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
This report provides a comprehensive analysis of the construction industry in the Czech Republic. It provides -
- Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in the Czech Republic, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
- Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
- Assess market growth potential at a micro-level with over 600 time-series data forecasts
- Understand the latest industry and market trends
- Formulate and validate business strategies using GlobalData's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
- 1 Executive Summary
- 2 Construction Industry: At-a-Glance
- 3 Context
- 3.1 Economic Performance
- 3.2 Political Environment and Policy
- 3.3 Demographics
- 3.4 Risk Profile
- 4 Construction Outlook
- 4.1 All Construction
- Outlook
- Latest news and developments
- Construction Projects Momentum Index
- 4.2 Commercial Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.3 Industrial Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.4 Infrastructure Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.5 Energy and Utilities Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.6 Institutional Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.7 Residential Construction
- Outlook
- Project analytics
- Latest news and developments
- 5 Key Industry Participants
- 5.1 Contractors
- 5.2 Consultants
- 6 Construction Market Data
- 7 Appendix
- 7.1 What is this Report About?
- 7.2 Definitions
- 7.3 CRI Methodology
- 8 About GlobalData
- 9 Contact Us
- List of Tables
- Table 1: Construction Industry Key Data
- Table 2: The Czech Republic, Key Economic Indicators
- Table 3: The Czech Republic, Commercial Construction Output by Project Type (Real % Change), 2020–29
- Table 4: The Czech Republic, Top Commercial Construction Projects by Value
- Table 5: The Czech Republic, Industrial Construction Output by Project Type (Real % Change), 2020–29
- Table 6: The Czech Republic, Top Industrial Construction Projects by Value
- Table 7: The Czech Republic, Infrastructure Construction Output by Project Type (Real % Change), 2020–29
- Table 8: The Czech Republic, Top Infrastructure Construction Projects by Value
- Table 9: The Czech Republic, Energy and Utilities Construction Output by Project Type (Real % Change), 2020–29
- Table 10 The Czech Republic, Top Energy and Utilities Construction Projects by Value
- Table 11: The Czech Republic, Institutional Construction Output by Project Type (Real % Change), 2020–29
- Table 12: The Czech Republic, Top Institutional Construction Projects by Value
- Table 13: The Czech Republic, Residential Construction Output by Project Type (Real % Change), 2020–29
- Table 14: The Czech Republic, Top Residential Construction Projects by Value
- Table 15: The Czech Republic, Key Contractors
- Table 16: The Czech Republic, Key Consultants
- Table 17: The Czech Republic, Construction Output Value (Real, $ Million)
- Table 18: The Czech Republic, Construction Output Value (Nominal, CZK Billion)
- Table 19: GlobalData Construction Market Definitions
- Table 20: Risk Dimensions
- Table 21: Ratings, Scores and Definitions
- List of Figures
- Figure 1: Eastern Europe, Construction Output (Real % Change), 2023–29
- Figure 2: The Czech Republic, Construction Output by Sector (Real % Change), 2023–25 and 2026–29
- Figure 3: The Czech Republic, Risk Summary
- Figure 4: The Czech Republic, Risk Regional Comparison
- Figure 5: The Czech Republic, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2020–29
- Figure 6: The Czech Republic, Construction Output Value, by Sector (Real, $ Million), 2019–28
- Figure 7: The Czech Republic, Construction Value Add (CZK Billion, 2020 Chain-Linked Volumes)
- Figure 8: The Czech Republic, Construction Production Index, Seasonally Adjusted, 2021=100
- Figure 9: The Czech Republic, Economic Sentiment Indicator, Business and Consumer Confidence Indicator
- Figure 10: The Czech Republic, Total Gross Fixed Capital Formation (CZK Billion)
- Figure 11: The Czech Republic, Total Value of New Orders for Construction (CZK Billion)
- Figure 12: The Czech Republic, Approximate Value of Total Building Permits Issued (CZK Billion)
- Figure 13: The Czech Republic, Employment in Construction Sector (Thousand persons)
- Figure 14: The Czech Republic, Construction Labor cost index (Seasonally and calendar adjusted data, 2020=100)
- Figure 15: The Czech Republic, Construction Price Index (Base 2022=100)
- Figure 16: The Czech Republic, Price Indices of Building Projects (Base 2022=100) - Residential and Non-Residential
- Figure 17: The Czech Republic, Construction Projects Momentum Index
- Figure 18: Eastern Europe, Construction Projects Momentum Index
- Figure 19: The Czech Republic, Commercial Construction Output by Project Type (Real, $ Million), 2020–29
- Figure 20: The Czech Republic, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 21: The Czech Republic, Trade, Transportation, Accommodation and Food Service Value Add (Chain-linked Volumes of 2020, CZK Billion)
- Figure 22: The Czech Republic, Retail Trade Sales Index (Excluding Motor Vehicles and Motorcycles), % Change YoY
- Figure 23: The Czech Republic, Total Number of Guests in Collective Accommodation Establishments (In Thousands)
- Figure 24: The Czech Republic, Industrial Construction Output by Project Type (Real, $ Million), 2020–29
- Figure 25: The Czech Republic, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 26: The Czech Republic, Manufacturing Value Add (Chain-linked Volumes of 2020, CZK Billion)
- Figure 27: The Czech Industrial and Manufacturing Production Index (Base 2021=100)
- Figure 28: The Czech Republic, Total Cars Produced (Number of Units)
- Figure 29: The Czech Republic, New Industrial Orders (2021=100)
- Figure 30: The Czech Republic, Total Value of Goods Export (CZK Billion), In Current Prices
- Figure 31: The Czech Republic, Infrastructure Construction Output by Project Type (Real, $ Million), 2020–29
- Figure 32: The Czech Republic, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 33: The Czech Republic, Price Indices of Civil Engineering Works (Base 2022=100)
- Figure 34: The Czech Republic, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2020–29
- Figure 35: The Czech Republic, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 36: The Czech Republic, Institutional Construction Output by Project Type (Real, $ Million), 2020–29
- Figure 37: The Czech Republic, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 38: The Czech Republic, Public Administration, Education, Health and Social Work Value Add (Chain-linked Volumes of 2020, CZK Billion)
- Figure 39: The Czech Republic, Residential Construction Output by Project Type (Real, $ Million), 2020–29
- Figure 40: The Czech Republic, Residential Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 41: The Czech Republic, Real Estate Activities Value Add (Chain-linked Volumes of 2020, CZK Billion)
- Figure 42: The Czech Republic, Number of Residential Building Permits Issued
- Figure 43: The Czech Republic, Total number of Residential Dwellings Permits Issued
- Figure 44: The Czech Republic, Total Number of Residential Dwellings Completed (Excluding Extension Work)
- Figure 45: The Czech Republic, Headquarters of Key Contractors (% of Total Project Pipeline)
- Figure 46: The Czech Republic, Headquarters of Key Consultants (% of Total Project Pipeline)
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