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Construction Industry in the UK - Statistics & Facts

Since 2009, the construction industry’s GVA in the United Kingdom has been growing, reaching nearly 112.2 billion British pounds in 2017. The following year, 35 percent of all construction work carried out across the United Kingdom was for repair and maintenance purposes. Approximately 22 percent of the construction output was done for private housing.

Following Carillion’s liquidation, there are still three UK based construction companies in operation with an annual turnover exceeding three billion British pounds. As of 2019, Balfour Beatty was the largest of these with an annual revenue of 7.8 billion British pounds. Overall, the production value of the industry amounted to roughly 288.9 billion euros in 2016.

As of the third quarter of 2018, the number of British construction firms totaled 325,736, with 259 of these firms employing 300 people or more. Across the UK, people were employed in a variety of occupations in the construction industry. By 2023, numbers were forecast to rise.

The growth in production value of the industry is echoed in the number of new dwellings being commenced or completed. Since the financial crash in 2008, figures have been increasing in all countries. In England, the number of dwellings started amounted to more than 165,000 in 2018/19, with new housing commenced in Wales reaching 5,970. By comparison, the number of those completed totaled 203,870 in the United Kingdom.

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Construction industry in the United Kingdom (UK)

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Enterprises

Revenue of construction companies

Employment in the construction industry

Dwellings started

Dwellings completed

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