GITNUX REPORT 2024

UK Construction Industry Statistics: £117 Billion Contribution, 2.7 Million Employed

Exploring the UK Construction Industry: £117 Billion Contribution, 2.7 Million Jobs, and Growth Projections.

Author: Jannik Lindner

First published: 7/17/2024

Statistic 1

Women make up only 13% of the construction workforce

Statistic 2

Only 2% of workers in construction are from BAME backgrounds

Statistic 3

Only 1% of construction apprentices are women

Statistic 4

Only 2% of construction managers and proprietors are from BAME backgrounds

Statistic 5

The construction industry has a 21% gender pay gap

Statistic 6

Only 1% of construction workers are from the LGBTQ+ community

Statistic 7

Only 5.4% of construction workers are from ethnic minority backgrounds

Statistic 8

Only 2% of construction workers are disabled

Statistic 9

Only 16% of construction workers are female

Statistic 10

Only 1% of construction apprentices are from BAME backgrounds

Statistic 11

The UK construction industry contributed £117 billion to the UK economy in 2018

Statistic 12

Construction output in the UK is more than £110 billion per annum

Statistic 13

The UK construction industry accounts for about 6% of GDP

Statistic 14

In 2019, the value of new construction work in the UK was £118,977 million

Statistic 15

The UK construction industry is worth over £110 billion per year

Statistic 16

The construction industry contributes 7% of UK GDP

Statistic 17

The construction industry employs 2.7 million people, which is about 8% of the UK workforce

Statistic 18

The average salary in the UK construction industry is £42,000

Statistic 19

28% of construction workers are over 50 years old

Statistic 20

The UK construction industry is expected to create 190,000 jobs by 2025

Statistic 21

Only 5% of the construction workforce is aged between 16 and 24

Statistic 22

The average age of a UK construction worker is 41

Statistic 23

The construction industry accounts for about 10% of total UK employment

Statistic 24

Only 12.5% of construction workers are aged 24 and under

Statistic 25

The UK construction industry is expected to create 168,500 new jobs between 2019-2023

Statistic 26

25% of construction workers are self-employed

Statistic 27

The UK construction industry is expected to need 217,000 new workers by 2025

Statistic 28

47% of construction workers are over 45 years old

Statistic 29

The construction industry accounts for about 10% of total UK employment

Statistic 30

The UK construction industry is expected to need 350,000 new workers by 2028

Statistic 31

The UK construction industry has a productivity gap of £15 billion compared to other industries

Statistic 32

32% of construction projects in the UK finish on time

Statistic 33

43% of construction projects in the UK finish within budget

Statistic 34

The UK construction industry has a skills shortage of 168,500 workers

Statistic 35

86% of construction employers report skills shortages

Statistic 36

20% of all vacancies in the construction industry are considered hard to fill

Statistic 37

The construction industry has a higher than average rate of fatal injuries, with 1.74 per 100,000 workers

Statistic 38

40% of construction projects are behind schedule

Statistic 39

58% of construction companies report a shortage of carpenters and joiners

Statistic 40

36% of construction firms report a shortage of bricklayers

Statistic 41

72% of construction firms have difficulty hiring bricklayers

Statistic 42

35% of construction firms report a shortage of carpenters

Statistic 43

The UK construction industry is expected to grow by 4.3% in 2021

Statistic 44

The UK construction industry is expected to grow by 13.2% in 2021

Statistic 45

The UK government has committed to investing £100 billion in infrastructure

Statistic 46

The UK construction industry is expected to return to pre-COVID levels of output by 2022

Statistic 47

The UK construction industry is targeting a 33% reduction in costs by 2025

Statistic 48

The UK construction industry is expected to grow by 14% by 2025

Statistic 49

The construction industry aims to reduce build costs by 33% by 2025

Statistic 50

The construction industry aims to reduce the overall time, from inception to completion, for new build and refurbished assets by 50% by 2025

Statistic 51

The UK construction industry is expected to create 300,000 new homes annually to meet demand

Statistic 52

The UK construction industry is expected to grow by 5.2% in 2022

Statistic 53

The construction industry aims to achieve a 33% reduction in the initial cost of construction and the whole life cost of built assets by 2025

Statistic 54

In 2019, there were 343,000 construction firms in Great Britain

Statistic 55

99% of construction firms are SMEs (small and medium-sized enterprises)

Statistic 56

72% of construction firms have fewer than 3 employees

Statistic 57

The UK construction industry is responsible for about 40% of the country's total carbon emissions

Statistic 58

The construction industry generates about 100 million tonnes of waste per year

Statistic 59

The construction industry aims to reduce greenhouse gas emissions by 50% by 2025

Statistic 60

The construction industry accounts for 60% of all materials used in the UK

Statistic 61

The construction industry is responsible for 32% of landfill waste in the UK

Statistic 62

The construction industry accounts for about 45% of total UK carbon emissions

Statistic 63

The construction industry aims to achieve a 50% reduction in greenhouse gas emissions in the built environment by 2025

Statistic 64

The construction industry aims to reduce waste to landfill from construction and demolition by 50% by 2025

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Summary

  • The UK construction industry contributed £117 billion to the UK economy in 2018
  • Construction output in the UK is more than £110 billion per annum
  • The construction industry employs 2.7 million people, which is about 8% of the UK workforce
  • In 2019, there were 343,000 construction firms in Great Britain
  • 99% of construction firms are SMEs (small and medium-sized enterprises)
  • The UK construction industry is expected to grow by 4.3% in 2021
  • The average salary in the UK construction industry is £42,000
  • Women make up only 13% of the construction workforce
  • 28% of construction workers are over 50 years old
  • The UK construction industry accounts for about 6% of GDP
  • In 2019, the value of new construction work in the UK was £118,977 million
  • The UK construction industry is expected to create 190,000 jobs by 2025
  • Only 2% of workers in construction are from BAME backgrounds
  • The UK construction industry has a productivity gap of £15 billion compared to other industries
  • 32% of construction projects in the UK finish on time

Forget building sandcastles, the construction industry in the UK is busy constructing the future! From contributing £117 billion to the economy to employing 2.7 million hard hats, this powerhouse sector is a force to be reckoned with. But before you grab your tool belt and join the team, lets hammer out some fascinating stats: did you know that only 13% of construction workers are women, or that the industry generates a whopping 100 million tonnes of waste per year? So, grab your steel-toed boots and get ready to dig into the nitty-gritty of UK construction statistics that will surely nail your interest!

Diversity

  • Women make up only 13% of the construction workforce
  • Only 2% of workers in construction are from BAME backgrounds
  • Only 1% of construction apprentices are women
  • Only 2% of construction managers and proprietors are from BAME backgrounds
  • The construction industry has a 21% gender pay gap
  • Only 1% of construction workers are from the LGBTQ+ community
  • Only 5.4% of construction workers are from ethnic minority backgrounds
  • Only 2% of construction workers are disabled
  • Only 16% of construction workers are female
  • Only 1% of construction apprentices are from BAME backgrounds

Interpretation

In a world where buildings reach sky-high and infrastructure shapes our cities, the construction industry seems to be stuck in the basement when it comes to diversity and inclusivity. With women making up a mere 13% of the workforce, it's clear that this field is still a building site for gender equality. The fact that only 1% of construction apprentices are women is like finding a screw in a pile of nails – a rarity that should be embraced, not overlooked. And let's be real, with a gender pay gap of 21%, it seems like the construction industry is still using outdated blueprints when it comes to fairness. It's time to add some color to this monochrome landscape and ensure that every brick, beam, and bolt in this industry reflects the rich tapestry of our society.

Economic Impact

  • The UK construction industry contributed £117 billion to the UK economy in 2018
  • Construction output in the UK is more than £110 billion per annum
  • The UK construction industry accounts for about 6% of GDP
  • In 2019, the value of new construction work in the UK was £118,977 million
  • The UK construction industry is worth over £110 billion per year
  • The construction industry contributes 7% of UK GDP

Interpretation

The numbers in the Construction Industry In The UK statistics paint a robust picture of an industry that is not just building physical structures, but also bolstering the economic foundation of the country. With figures that could make even the most ambitious architect blush, it's clear that construction isn't just about bricks and mortar – it's about the pounds and pence, too. As the industry concretely cements its place as a vital sector, one thing is certain: when it comes to economic impact, construction isn't just a supporting beam – it's the whole framework.

Employment

  • The construction industry employs 2.7 million people, which is about 8% of the UK workforce
  • The average salary in the UK construction industry is £42,000
  • 28% of construction workers are over 50 years old
  • The UK construction industry is expected to create 190,000 jobs by 2025
  • Only 5% of the construction workforce is aged between 16 and 24
  • The average age of a UK construction worker is 41
  • The construction industry accounts for about 10% of total UK employment
  • Only 12.5% of construction workers are aged 24 and under
  • The UK construction industry is expected to create 168,500 new jobs between 2019-2023
  • 25% of construction workers are self-employed
  • The UK construction industry is expected to need 217,000 new workers by 2025
  • 47% of construction workers are over 45 years old
  • The construction industry accounts for about 10% of total UK employment
  • The UK construction industry is expected to need 350,000 new workers by 2028

Interpretation

With the construction industry in the UK being a hive of activity, employing 2.7 million people and creating a sturdy 10% of total UK employment, it seems the sector has firmly cemented its place in the workforce landscape. However, with an average age of 41 and a whopping 28% of workers over 50, it appears the industry is in need of an infusion of youthful energy. Only 5% of workers fall between the ages of 16 and 24, indicating that the construction world may need to spruce up its appeal to the younger generation. With a projected need for hundreds of thousands of new workers in the coming years, the construction industry better start building bridges to attract a diverse and dynamic workforce, or risk becoming a relic of the past.

Industry Challenges

  • The UK construction industry has a productivity gap of £15 billion compared to other industries
  • 32% of construction projects in the UK finish on time
  • 43% of construction projects in the UK finish within budget
  • The UK construction industry has a skills shortage of 168,500 workers
  • 86% of construction employers report skills shortages
  • 20% of all vacancies in the construction industry are considered hard to fill
  • The construction industry has a higher than average rate of fatal injuries, with 1.74 per 100,000 workers
  • 40% of construction projects are behind schedule
  • 58% of construction companies report a shortage of carpenters and joiners
  • 36% of construction firms report a shortage of bricklayers
  • 72% of construction firms have difficulty hiring bricklayers
  • 35% of construction firms report a shortage of carpenters

Interpretation

The UK construction industry seems to be caught in a surreal game of "Construction Conundrum," with stats that make you wonder if they're building castles in the air. With a productivity gap that could fund a small nation, projects running late like the White Rabbit, budgets tightrope-walking like a circus act, and a skills shortage that feels like a disappearing magic trick, it's no wonder the industry is facing more twists and turns than a rollercoaster. In this baffling construction maze, where fatal injuries lurk like hidden traps and workers vanish quicker than a magician's assistant, one thing is clear – this industry needs more than a magic wand to fix its broken spells.

Industry Growth

  • The UK construction industry is expected to grow by 4.3% in 2021
  • The UK construction industry is expected to grow by 13.2% in 2021
  • The UK government has committed to investing £100 billion in infrastructure
  • The UK construction industry is expected to return to pre-COVID levels of output by 2022
  • The UK construction industry is targeting a 33% reduction in costs by 2025
  • The UK construction industry is expected to grow by 14% by 2025
  • The construction industry aims to reduce build costs by 33% by 2025
  • The construction industry aims to reduce the overall time, from inception to completion, for new build and refurbished assets by 50% by 2025
  • The UK construction industry is expected to create 300,000 new homes annually to meet demand
  • The UK construction industry is expected to grow by 5.2% in 2022
  • The construction industry aims to achieve a 33% reduction in the initial cost of construction and the whole life cost of built assets by 2025

Interpretation

In a whirlwind of statistics, the UK construction industry seems to be on a trajectory towards both growth and transformation. With projections of soaring percentages and ambitious reduction targets, it appears that the sector is gearing up for a major makeover. The government's commitment to injecting significant funds into infrastructure, coupled with the industry's pledge to streamline processes and cut costs, paints a picture of a dynamic field striving for innovation and efficiency. As the construction industry endeavors to bounce back from the pandemic-induced setbacks and venture into a future filled with sustainable growth and development, the challenges ahead may be formidable, but the potential rewards are undoubtedly tantalizing.

Industry Structure

  • In 2019, there were 343,000 construction firms in Great Britain
  • 99% of construction firms are SMEs (small and medium-sized enterprises)
  • 72% of construction firms have fewer than 3 employees

Interpretation

In 2019, the construction industry in the UK resembled a bustling hive of activity, with a staggering 343,000 firms jostling for their place in the market. What these numbers don't reveal is the David and Goliath dynamic at play, where 99% of these firms are nimble SMEs navigating the competitive landscape. Surprisingly, a whopping 72% of these players are operating with a team size smaller than a boy band, highlighting the industry's reliance on lean, mean operations to build the towering structures that define modern Britain. It's a world where size truly doesn't matter, but the ability to construct dreams from blueprints certainly does.

Sustainability

  • The UK construction industry is responsible for about 40% of the country's total carbon emissions
  • The construction industry generates about 100 million tonnes of waste per year
  • The construction industry aims to reduce greenhouse gas emissions by 50% by 2025
  • The construction industry accounts for 60% of all materials used in the UK
  • The construction industry is responsible for 32% of landfill waste in the UK
  • The construction industry accounts for about 45% of total UK carbon emissions
  • The construction industry aims to achieve a 50% reduction in greenhouse gas emissions in the built environment by 2025
  • The construction industry aims to reduce waste to landfill from construction and demolition by 50% by 2025

Interpretation

Ah, the UK construction industry - where big dreams and big impacts collide. Responsible for a hefty chunk of the country's carbon emissions, generating more waste than a teenager's bedroom, and gobbling up materials like a hungry monster in a snack bar, this industry certainly knows how to make its presence felt. But fear not, dear readers, for they also have lofty goals of slashing emissions and waste by 50% by 2025, aiming to clean up their act like a diligent professional after a wild office party. Let's hope they can turn those blueprints into green realities – because when it comes to saving the planet, there's no room for half-baked foundations.

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