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Sector Analysis
Panama Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H1 2026)
The construction industry in Panama is expected to grow by 5% in real terms in 2026, supported by rising investments in transport and energy sector projects, coupled with funding from major international funding institutions, such as the World Bank and the Inter-American Development Bank (IDB). According to the National Institute of Statistics and Census (INEC), Panama’s construction industry’s value-add grew by 2.7% in 2025, preceded by an annual growth of 4.6% in 2024. In April 2026, a government agency responsible...
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Sector Analysis
Oman Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H1 2026)
GlobalData expects the Omani construction industry to grow by 2.5% in real terms in 2026, supported by increase in foreign direct investment (FDI) in the country’s manufacturing and oil sector, coupled with rising investments in construction projects, particularly in non-oil and renewable sectors, amid a diversifying oil economy. In February 2026, during the Government Projects Forum 2026, Oman unveiled a massive OMR1.5 billion ($3.9 billion) development pipeline for 2026, including OMR475 million ($1.2 billion) in approved schemes and over OMR1...
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Sector Analysis
Sweden Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H1 2026)
Following a decline of 1.5% YoY in 2025, the Swedish construction industry is expected to recover and register an annual real terms growth of 3.4% in 2026, supported by increase in investments in transport infrastructure, growth in construction production, and the government’s allocation under the latest 2026 Budget.In September 2025, the Swedish government announced its Budget for 2026. The budget is set at SEK1.5 trillion ($146.1 billion) as expenditure, marking an increase of 8.1% compared to the 2025 Budget, with...
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Sector Analysis
Romania Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H1 2026)
The construction industry in Romania is expected to expand in real terms by 5.5% in 2026, supported by an increase in investments in civil engineering works and residential construction projects. According to the National Institute of Statistics (NIS), the average construction work index grew by 11.7% year on year (YoY) in the first four months of 2026, preceded by an annual growth of 8% in 2025. By segments, the average civil engineering work index grew by 14.4% YoY, while the...
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Sector Analysis
Uruguay Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H1 2026)
GlobalData expects the construction industry in Uruguay to expand by 1.4% in real terms in 2026 before registering an annual average growth rate of 3.8% from 2027 to 2020, supported by investments in transport infrastructure, renewable energy, housing, and manufacturing sectors. In mid-June 2026, the Inter-American Development Bank Group (IDB Group) approved the Country Strategy for Uruguay for 2026–2030. The plan, which was developed jointly with the Government of Uruguay, envisages investments of UYU175.3 billion ($4.2 billion) and seeks to...
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Sector Analysis
Tunisia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H1 2026)
Following an annual growth of 3.7% in real terms in 2025, the growth in Tunisia’s construction industry is expected to decelerate marginally to 0.6% in 2026, owing to weak real estate activity and delay in projects execution due to bureaucratic bottlenecks. As of June 2026, major projects such as the 350km Tunis-Sfax High-Speed Rail and expansions at Tunis-Carthage International Airport are delayed due to bureaucratic hurdles, prolonged feasibility studies, and complex financing. Furthermore, financing constraints, subdued investment activity, and limited...
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Sector Analysis
Macau Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H1 2026)
GlobalData expects Macau’s construction industry to contract by 5.4% in real terms, owing to rising inflationary pressures and increasing supply chain costs. Geopolitical tensions in the Middle East have further intensified these challenges. Following the conflict involving Iran, Asia, which accounts for 85% of Gulf crude shipments, experienced a sharp disruption in energy supplies, with the region’s oil imports plunging 30% year on year (YoY) in April 2026 to the lowest level since October 2015, after the near-closure of the...
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Sector Analysis
Switzerland Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H1 2026)
The construction industry in Switzerland is expected to expand in real terms by 1.4% in 2026, supported by investments in affordable housing infrastructure, coupled with lower interest rates, and continued development in the renewable energy sector. However, the industry is expected to face short-term challenges due to government spending constraints, budget limitations, and the cancellation or scaling back of major infrastructure projects. As part of the budget, the government reported that international cooperation funding was reduced by CHF16 million ($20.1...
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Sector Analysis
Iran Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H1 2026)
Iran’s construction industry is expected to decline by 18.4% in real terms in 2026, due to the detrimental effect of a prolonged conflict with the US and Israel, increasing labor shortages, rising construction material costs, elevated inflation rates, and a weaker industrial market. With the advent of the conflict of Iran with the US and Israel from February 28th 2026, onwards, the construction activities in Iran are facing a sharp blow caused by heightened tension in the Persian Gulf. Over...
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Sector Analysis
Pakistan Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H1 2026)
GlobalData expects Pakistan’s construction industry’s growth to decelerate to 5% in real terms in 2026, following annual growth of 14.3% in 2025. The slowdown in the construction industry in 2026 is attributed to elevated raw material and energy costs, budget cuts to reduce the fiscal deficit amid rising geopolitical instability, and global supply chain disruptions. In April 2026, the Pakistan Ministry of Finance announced a reduction of PKR173 billion ($587.4 million) in the Public Sector Development Programme (PSDP), bringing the...