In the 2nd quarter of 2017, construction output rose by 15.9 %

11.08.2017

The latest data compiled by the Central Statistical Bureau (CSB) show that, compared to the corresponding period of 2016, in the 2nd quarter of 2017 construction output1 increased by 15.9 % (according to calendar adjusted data at constant prices).  Construction production output at current prices amounted to 384.4 million euros.

Index of production in construction
(2010=100)

 

Construction output growth was influenced by the rise in construction of non-residential buildings (of 17 %) and construction of civil engineering works (of 28.1 %), whereas construction of residential buildings fell by 14.6 %.

Compared to the corresponding quarter of the previous year, significant construction output increase within the group of construction of non-residential buildings was recorded in construction of industrial production buildings and warehouses, the construction output whereof went up 2 times, as well as construction of school, university and research buildings(rise of 65.7 %). Decline, in its turn, was observed in construction of hotels and similar buildings (of 55.1 %) and construction of hospital or institutional care buildings (of 24.5 %).

Drop in construction of residential buildings was influenced by the reduction in construction of three- and more dwelling buildings of 19.7 %, however construction of single dwelling buildings and construction of two- or more dwelling buildings went up by 6.4 % and 7 %, respectively.

The rise in construction of civil engineering works was affected by the increase in construction of harbours, waterways, dams and other waterworks (of 68.6 %), construction of highways, streets, roads, airfield runways, railways (of 28 %), and construction of long-distance pipelines, communication and electricity lines (of 17.9 %).

Construction output and changes thereof

 

Total (at current prices, million euros)

1st half of 2017 compared to

1st half 2016, % (constant prices, calendar adjusted)

Q2 2017

compared to

Q1 2017 

Q2 2017

Q1 2017, % (constant prices, seasonally adjusted)

Q2 2016, % (constant prices, calendar adjusted)

Total

606.4

384.4

13.0

4.8

15.9

Residential buildings, total

92.3

49.8

-1.8

-9.7

-14.6

Non-residential buildings, total

286.6

164.5

12.6

-2.2

17.0

Hotels and similar buildings

18.6

9.0

-45.6

-33.7

-55.1

Office buildings

45.7

25.4

0.3

-15.5

-0.7

Wholesale and retail trade buildings

20.3

9.5

44.4

-25.6

-1.4

Production buildings and warehouses

60.1

34.4

57.2

7.4

104.8

School, university and research buildings

23.4

17.3

50.8

20.9

65.7

Hospital or institutional care buildings

11.5

6.1

-12.4

-38.1

-24.5

Civil engineering works, total

227.5

170.1

21.0

17.1

28.1

Highways, streets, roads, airfield runways, railways

86.5

76.1

18.2

9.1

28.0

Bridges and tunnels

7.3

5.7

14.9

-7.0

6.2

Harbours and dams

21.7

12.4

59.3

6.0

68.6

Long-distance pipelines, communication and electricity lines

43.5

30.8

15.5

38.2

17.9

Local pipelines and cables

49.9

34.7

30.8

35.1

51.9

 

In the 2nd quarter of 2017, 597 building permits2 were granted for the construction, capital repairs, reconstruction and restoration of single dwelling buildings with the total floor space 119.3 thousand m2, of which 454 permits were issued for construction of new buildings with the intended floor space of 89.3 thousand m2 (91 permits more than in the 2nd quarter of 2016).

In its turn, 28 building permits (23 permits less than in the corresponding quarter of the previous year) were granted for construction of industrial buildings and warehouses with total intended floor space of 39.5 thousand m2, of which 22 building permits with 5.2 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.

Methodological explanations:

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.

 

 

 

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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