Germany gross value added index, construction
Germany gross value added index, construction stood at 78.13 in 2025, according to Deutsche Bundesbank. It is one of the indicators in the National accounts (annual) table (Value · Annual), with a complete series running from 1991 to 2025. The complete series with an interactive chart, free to download.
This indicator in the National accounts (annual) table
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Origin of GDP, All economic sectors, Chain-linked index | 105.69 | 105.67 | 105.68 | 106.35 | 104.12 | 100 | 104.4 | 103.56 | 102.19 | 99.21 | |
| Origin of GDP, Construction, Chain-linked index | 78.13 | 80.81 | 81.68 | 86.11 | 96.69 | 100 | 98.45 | 102.01 | 99.65 | 98.51 | |
| Origin of GDP, Wholesale, retail trade, transport and storage, hotel and restaurant services, Chain-linked index | 106.11 | 105.49 | 108.28 | 110.81 | 104.07 | 100 | 109.02 | 105.93 | 103.68 | 99.51 |
Understanding germany gross value added index, construction
Civil engineering projects, specialized trade contracting, and the erection of buildings define the boundaries of this specific output measure. The index tracks the net economic value generated by site preparation, structural work, and finishing trades, isolated from the production of the building materials themselves. By evaluating the activity at basic prices and adjusting for inflation, the series measures the real volume of physical building work. It deducts the intermediate costs of cement, steel, and architectural services from the total value of completed structural milestones.
Contract structures and long project timelines mean that value is often recorded progressively based on the percentage of completion, rather than waiting for final handover. Analysts comparing this index to housing starts or building permits must account for the significant lag between regulatory approval and physical execution. The annual nature of this specific series absorbs the seasonal weather disruptions that complicate short-term analyses of building activity. Deflation adjustments in this sector are notoriously complex due to the bespoke nature of large infrastructure projects, making the chain-linked methodology critical for accuracy.
Frequently asked questions
- Does this metric include the manufacturing of bricks and construction materials?
- No, the production of materials is classified under industrial manufacturing; this series only covers the physical assembly and site work.
- Are completed buildings the only activities measured here?
- The index evaluates work progressively, meaning value is recorded as the construction phases advance, not just upon final project completion.
- How are unique infrastructure projects adjusted for price changes?
- Statistical agencies utilize complex hedonic models and input-cost indices to deflate bespoke building projects into standardized volume measures.