Abstract:

The principal objective of the study was to evaluation of the development of Poland’s construction sector within the overarching framework of global crises. The temporal scope of the analysis covered the past 18 years (2007–2024), a period marked by a high incidence of global shocks, including the global financial crisis of 2008, the Eurozone sovereign debt crisis of 2011, the COVID‑19 pandemic, and the onset of Russia’s full‑scale war against Ukraine in 2022. For the purpose of assessing the development of the construction sector Hellwig’s synthetic development measure - also known as the taxonomic development measure - was employed. This method is used to evaluate the level of development of objects or phenomena based on the aggregation of multiple diagnostic variables. The values obtained from Hellwig’s synthetic development measure for the construction sector clearly indicated a dynamic expansion of this sector in Poland over the period under analysis. Additionally, cyclical fluctuations in the value of the measure were observed, confirming the presence of cyclical variability within the construction sector.