The construction industry in Germany is one of the country's most stable economic sectors. The industry provides jobs to more than 2.2 million people. Holding a market share of 21 percent, the German construction sector is the largest in the EU-27 in terms of production value.
The building trades have a long tradition and at the same time play an important role in developing innovative services. This is one of the reasons why Germany is among the world's leading exporters of construction and planning services.
The industry is closely related to the building material and machine manufacturer sectors. In March 2009, professional and industrial organizations, trade unions and government institutions agreed on guiding principles for the future development of the German construction industry.