United Kingdom (UK): construction industry production value 2018

The production value of the construction industry in the United Kingdom increased by 25.7 billion euros (+8.91 percent) in 2018 in comparison to the previous year. In total, the production value amounted to 314.1 billion euros in 2018. This increase was preceded by a declining production value in this industry.
The value of production is defined by Eurostat as the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services.

Annual production value of the construction industry in the United Kingdom from 2010 to 2018 (in million euros)

Characteristic	Annual production value in million euros
2018	314,062
2017	288,380.5
2016b	288,859.6
2015	326,428.1
2014	272,192.5
2013	235,051.8
2012	228,994.7
2011	212,958.9
2010	208,807.2

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Release date

March 2024

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Region

United Kingdom

Survey time period

2010 to 2018

Supplementary notes

b: Break in time series.
The source adds the following information: Production value measures the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services. The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalised production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.
Data coverage corresponds to code F of CE Rev 2.

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