Economic Significance of Maintenance Report

Repair and maintenance (R&M) expenditure is the cost incurred to bring an asset back to an earlier condition or to keep the asset operating at its present condition. Building maintenance and repairs make an important contribution to the country’s wealth and wellbeing.

BCIS publishes the Economic Significance of Maintenance report annually to evaluate the value of the work carried out in this sector.

Maintenance expenditure in 2024 in excess of £100 billion

Total maintenance expenditure in 2024 (at current prices) was £100.6bn, the latest BCIS Economic Significance of Maintenance report estimates. At constant (2023) prices, this represents an 8.3% increase on 2023.

Further, at current prices, total maintenance expenditure represented 3.5% of gross domestic product (GDP) in 2024, the highest level in the past 10 years having gradually increased each year since 2020.

The BCIS estimate is made up of R&M construction output, the estimated amount of work performed by directly employed maintenance workers in private sector non-housing, and the amount of money householders spend on maintaining their properties that is not included elsewhere.

Estimates also show that, at current prices, in 2024:

• Total R&M output accounted for 37.5% of construction output, up from 34.8% in 2023.
• The amount that householders spent on goods, services, and insurance related to maintaining their homes was 1.1% of total consumer spending, almost equal to 2023 and lower than the recent high of 1.4% in 2020.
• Householders spent £9.8bn on DIY goods

^{Source: BCIS, ONS}

The full Economic significance of maintenance report 2026 is published in the BCIS Briefing section, as part of BCIS OpX.

The 2025 report, covering expenditure in 2024, is available to download as a white paper to illustrate its scope and coverage. Use the button at the bottom of the page to download.

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