In the 1st quarter of 2017, construction output rose by 8.4 %

12.05.2017

The latest data compiled by the Central Statistical Bureau (CSB) show that, compared to the corresponding period of 2016, in the 1st quarter of 2017 construction output1 increased by 8.4 % (according to calendar adjusted data at constant prices). Construction production output at current prices amounted to 222 million euros.

Index of production in construction
(2010=100)

 

Construction output growth was recorded in all types of construction –  of 18.9 % in construction of residential buildings, of 7.2 % in construction of non-residential buildings and of 4.1 % in construction of civil engineering works.

Increase in the construction of residential buildings was recorded in the construction of both two-dwelling buildings and three- and more dwelling buildings – of 29 % and 25.4 %, respectively.

Within the non-residential buildings group, the sharpest construction output rise was observed in construction of wholesale and retail trade buildings – 1.4 times. Construction of industrial buildings and warehouses grew by 20.4 %, whereas construction of hotels and similar buildings fell by 32.6 %.

The rise in construction of civil engineering works was influenced by the increase in construction of harbours, waterways, dams and other waterworks (of 48.4 %) and construction of long-distance pipelines, communication and electricity lines (of 10.1 %). Construction output reduction, in turn, was registered in construction of streets and roads, airfield runways, and railways – of 24.0 %.

Construction output and changes thereof

 

Total (at current prices, million euros)

Q1 2017,

compared to

Q4 2016, % (seasonally adjusted data at constant prices)

Q1 2016, % (calendar adjusted data at constant prices)

Total

222.0

2.2

8.4

of which:

 

 

 

Residential buildings, total

42.5

-5.4

18.9

Non-residential buildings, total

122.1

13.0

7.2

Hotels and similar buildings

9.6

-0.4

-32.6

Office buildings

20.3

11.4

1.4

Wholesale and retail trade buildings

10.8

59.7

141.4

Production buildings and warehouses

25.7

31.4

20.4

School, university and research buildings

6.1

1.3

20.6

Hospital or institutional care buildings

5.4

-23.3

6.6

Civil engineering works, total

57.4

-1.8

4.1

Highways, streets, roads, airfield runways, railways

10.4

15.6

-24.0

Bridges and tunnels

1.6

56.2

61.3

Harbours and dams

9.3

10.7

48.4

Long-distance pipelines, communication and electricity lines

12.7

4.9

10.1

 

In the 1st quarter of 2017, 506 building permits2 were granted for the construction, capital repairs, reconstruction and restoration of single dwelling buildings with the total floor space 108.7 thousand m2, of which 374 permits were issued for construction of new buildings with the intended floor space of 76.3 thousand m2.

In turn, 39 building permits were granted for construction of industrial buildings and warehouses with total intended floor space of 53.4 thousand m2, of which 22 building permits with 26.4 thousand m2 of intended floor space were issued for new construction.

More information on construction volume indices and building permits is available in the CSB database section Construction.

On 12 May 2017, the section Industry, Construction, Real Estate, Trade and Services, Structural Business Statistics was changed – the sub-section Housing was removed, and new section Real Estate was added. The tables are moved either to the sub-section Construction or to the sub-section Real Estate. Several tables in the sub-section Construction were merged, indicators re-structured and numbering of the tables was changed.

1Own account construction works, including that performed abroad.

2Since the 4th quarter of 2014, the term granted permits in construction statistics characterises the number of records entered in the construction permit confirming that conditions for commencement of construction work have been met.

 

 

 

Media requests:
Kalvis Pētersons
Information and Communication Section
E-mail: media [at] csb [dot] gov [dot] lv
Phone: +371 67366924, +371 27880666
www.csb.gov.lv
www.twitter.com/CSB_Latvia
www.facebook.com/csplatvija

 

More information on data:
Industrial and Construction Statistics Section
Sandra Vītola
E-mail: Sandra [dot] Vitola [at] csb [dot] gov [dot] lv
Phone: +371 67366739