
Ukraine Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H1 2025)
Description
Ukraine 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 the construction industry in Ukraine to expand by 16.2% in 2025, owing to low base effect, coupled with an improvement in construction activities, an increase in international financial assistance, and the government’s ongoing recovery efforts in the aftermath of the conflict with Russia. According to the State Statistics Service of Ukraine, the construction industry’s value-add grew by 2.5% year on year (YoY) in Q4 2024, preceded by YoY growth rates of 3.4% in Q3 and 36.7% in Q2 2024. To support macroeconomic stability, the National Bank of Ukraine maintained its key policy rate at 15% in early 2025.
Over the remainder of the forecast period, GlobalData expects the construction industry in Ukraine to expand by 9.7% during 2026-29, supported by sustained international financial assistance, government investment in critical infrastructure, and ongoing efforts to modernize public services and enhance regional connectivity. In April 2025, the Nordic Environment Finance Corporation (Nefco), in collaboration with donors and partners such as the European Union, Sweden, and Finland, launched new recovery initiatives totaling UAH1.4 billion ($32.7 million). These initiatives include the rehabilitation of public buildings and energy efficiency upgrades. The Ukrainian government continues to address regional needs from 2022 onwards, allocating UAH2.9 billion ($66.2 million) for reconstruction in the Sumy region for 2025. This includes additional grants from the state budget and international partners aimed at supporting healthcare, education, social infrastructure, and community development.
GlobalData’s Construction in Ukraine - Country Briefing (H1 2025) report provides detailed market analysis, information, and insights into Ukraine’s construction industry, including -
This report provides a comprehensive analysis of the construction industry in Ukraine. It provides -
Summary
GlobalData expects the construction industry in Ukraine to expand by 16.2% in 2025, owing to low base effect, coupled with an improvement in construction activities, an increase in international financial assistance, and the government’s ongoing recovery efforts in the aftermath of the conflict with Russia. According to the State Statistics Service of Ukraine, the construction industry’s value-add grew by 2.5% year on year (YoY) in Q4 2024, preceded by YoY growth rates of 3.4% in Q3 and 36.7% in Q2 2024. To support macroeconomic stability, the National Bank of Ukraine maintained its key policy rate at 15% in early 2025.
Over the remainder of the forecast period, GlobalData expects the construction industry in Ukraine to expand by 9.7% during 2026-29, supported by sustained international financial assistance, government investment in critical infrastructure, and ongoing efforts to modernize public services and enhance regional connectivity. In April 2025, the Nordic Environment Finance Corporation (Nefco), in collaboration with donors and partners such as the European Union, Sweden, and Finland, launched new recovery initiatives totaling UAH1.4 billion ($32.7 million). These initiatives include the rehabilitation of public buildings and energy efficiency upgrades. The Ukrainian government continues to address regional needs from 2022 onwards, allocating UAH2.9 billion ($66.2 million) for reconstruction in the Sumy region for 2025. This includes additional grants from the state budget and international partners aimed at supporting healthcare, education, social infrastructure, and community development.
GlobalData’s Construction in Ukraine - Country Briefing (H1 2025) report provides detailed market analysis, information, and insights into Ukraine’s construction industry, including -
- Ukraine’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 Ukraine’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 Ukraine. It provides -
- Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Ukraine, 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
Table of Contents
23 Pages
- 1 Executive Summary
- 2 Construction Industry: At-a-Glance
- 3 Latest news and developments
- 4 Project analytics
- 5 Construction Market Data
- 6 Appendix
- 6.1 Definitions
- 6.2 CRI Methodology
- 6.3 About GlobalData
- 7 Contact Us
- List of Tables
- Table 1: Construction Industry Key Data
- Table 2: Ukraine, Top Construction Projects by Value
- Table 3: Ukraine, Construction Output Value (Real, $ Million)
- Table 4: Ukraine, Construction Output Value (Nominal, UAH Billion)
- Table 5: GlobalData Construction Market Definitions
- Table 6: Risk Dimensions
- Table 7: Ratings, Scores and Definitions
- List of Figures
- Figure 1: Ukraine, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2020–29
- Figure 2: Ukraine, Construction Output Value, by Sector (Real, $ Million), 2020–29
- Figure 3: Eastern Europe & Central Asia, Construction Output (Real % Change), 2023–29
- Figure 4: Ukraine, Construction Output by Sector (Real % Change), 2023–25 and 2026–29
- Figure 5: Ukraine, Construction Value-Add, % Change YoY (At 2021 Constant Prices)
- Figure 6: Ukraine, Real Estate Activities Value-Add, % Change YoY (At 2021 Constant Prices)
- Figure 7: Ukraine, Construction Price Index, (To the Corresponding Month of the Previous Year) % Change
- Figure 8: Ukraine, Total Area of Residential Buildings Started (In Thousands, m2)
- Figure 9: Ukraine, House Price Index, % Change YoY
- Figure 10: Ukraine, Total Value of Goods Exports (US$ Million)
- Figure 11: Ukraine, Manufacturing Value-Add, % Change YoY (At 2021 Constant Prices)
- Figure 12: Ukraine, Wholesale and Retail Trade Value-Add, % Change YoY (At 2021 Constant Prices)
- Figure 13: Ukraine, Accommodation and Food Service Activities Value-Add, % Change YoY (At 2021 Constant Prices)
- Figure 14: Ukraine, Construction Projects Pipeline, Value by Stage ($ Million)
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