Building And Construction In Asia Pacific > Japan > Japan

Japan: Building and Construction in Japan 2019-2023: March 2019 Update

​​The outlook for construction spending or work done value remains positive, with further growth forecast for 2019 following the eighth year of consecutive growth registered in 2018. The current expansionary cycle is expected to continue through to a short-term peak of 64 trillion yen of work done in 2021. The profile for growth after 2020 is much more subdued, especially as construction relating to the Tokyo 2020 Olympics winds down and capacity and structural constraints limit growth.

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