Construction investment
Construction investments represent the gross fixed capital formation in structures for new buildings , conversions or extensions and for value-increasing repairs . They represent an important parameter for assessing the construction industry .
The construction investments are regularly determined by the Federal Statistical Office . Most recently in 2013 they amounted to (real) € 220.7 billion and were thus only 0.1% above the previous year's level. Nonetheless, construction investments also represent a boom in the construction sector in 2013 , which has prevailed since 2011, when investments increased by 7.8% (compared to the previous year). This is made clear by the recently published figures on construction investments for the first quarter of 2014, which increased by 3.4% compared to the same period in the previous year. In 2013, the share of construction investments in the gross domestic product in Germany was 8.9%.
Compared to spending in Germany, construction investments in the EU-27 fell sharply: in 2013 (at prices and exchange rates of 2005) they amounted to € 1,102.0 billion, around 3.2% less than in the previous year (2012: 1,137 . € 4 billion).