EIC publishes an annual International Contracts Statistics with the help of its member federations. The statistics, which lists international turnover and new contracts, gives an in-depth view of how the market is developing for European contractors and is more accurate than other comparable statistics as it incorporates companies’ international construction business rather than their entire group turnover.
The EIC Statistics are thus complementary to the ENR Statistics, which does not exclusively analyse the international business of the world’s leading civil contractors, but also refers to electrical engineering contractors, steel builders, oil and gas companies, etc.
Given that the ENR editors collect not only construction revenues, but also revenues of group divisions such as energy and services, the EIC statistics provide an accurate description of the international construction activities of its member companies.
EIC 2016 Statistics: International Turnover declines from peak leve
In 2016, international turnover of European contractors affiliated to EIC's Member Federations was slightly lower at €172 billion, down 5% compared with 2015 – when turnover peaked at €180 billion. This drop is mainly due to lower turnover in Europe, the Middle East and Central and South America. International turnover in Europe fell by 4% to €72 billion. In the Middle East, the drop was steeper as turnover fell by 17% to € 20 billion, thus correcting the comparably high value of the previous year. In Central and South America revenues came to €11 billion, down 15% year-on-year.
Revenues in North America and Africa, however, were stable at €29 billion and €15 billion respectively. Turnover in Asia, Oceania and Australia combined rose by 8% to €26 billion.
In 2016, French contractors continued to lead the field with a total international turnover of €36 billion, followed by German contractors with €25 billion and Turkish contractors with €22 billion. However, when looking at business outside of the OECD countries, Turkish international contractors contributed the largest share of turnover with €17 billion, followed by French contractors with €10 billion and Italian contractors with €8 billion.