Germany's construction sector set to shrink

Spending expected to decline for first time since financial crisis

Construction spending in €bn

First decline

since 2009

600

400

Last

decline

200

0

2006

‘08

‘10

‘12

‘14

‘16

‘18

‘20

‘22

‘24

Construction spending in €bn

First decline

since 2009

600

400

Last

decline

200

0

2006

2008

2010

2012

2014

2016

2018

2020

2022

2024

First decline

since 2009

Construction spending in €bn

600

400

Last

decline

200

0

2006

2008

2010

2012

2014

2016

2018

2020

2022

2024

First decline

since 2009

Construction spending in €bn

600

400

Last

decline

200

0

2006

2008

2010

2012

2014

2016

2018

2020

2022

2024

SOURCE: DIW