In the 3rd quarter of 2015 construction increased by 4.9%
The latest data compiled by the Central Statistical Bureau of Latvia (CSB) show that in the 3rd quarter of 2015 as compared to the corresponding period of 2014 construction production volume according to calendar adjusted data at constant prices grew by 4.9%. Construction production volume at current prices accounted for EUR 585.7 mln.
Construction Production Volume Index
Data source: Central Statistical Bureau of Latvia
In the 3rd quarter of 2015 as compared to the corresponding period of the previous year, construction of residential buildings increased by 2.3%. In the grouping of non-residential buildings growth was recorded in construction of hotels and similar buildings - of 76.4%, in construction of industrial buildings and warehouses - of 27.8%, as well as in construction of office buildings - of 10.7%. In turn, drop was observed in construction of school, university and research buildings - of 46.5%, and in construction of wholesale and retail trade buildings - of 20.3%.
According to calendar adjusted data at constant prices, construction of civil engineering structures increased by 15.3%. Of which construction of harbours, waterways, dams and other water works grew by 27.0%, construction of highways, streets, roads, airfield runways, railways - by 14.9%. In turn, construction of bridges and tunnels decreased by 46.8%, and construction of main pipelines, communications and power transmission lines declined by 6.7%.
In the 3rd quarter of 2015 as compared to the 2nd quarter of this year construction production volume according to seasonally adjusted data at constant prices increased by 2.7%; of which construction of buildings - by 1.4% and construction of civil engineering structures – by 3.5%.
During the first nine months of 2015 as compared to the corresponding period of the previous year construction production volume, according to calendar adjusted data at constant prices increased by 1.0%. Of which construction of buildings dropped by 6.4%, while construction of civil engineering structures grew by 9.6%.
Construction volume and changes
Total (at current prices, mln EUR)
January - September 2015 as compared to January - September 2014, % (calendar adjusted data at constant prices)
3rd qtr of 2015,
January - September 2015
3rd qtr of 2015
2nd quarter of 2015,% (seasonally adjusted data at constant prices)
3rd quarter of 2014,% (calendar adjusted data at constant prices)
Residential buildings, total
Hotels and similar buildings
Wholesale and retail trade buildings
Industrial buildings and warehouses
School, university and research buildings
Hospital or institutional care buildings
Highways, streets, roads, airfield runways, railways
Bridges and tunnels
Harbours and dams
Main pipelines, communications and power transmission lines
Local pipelines and cables
87 building permits for the total intended floorspace of 223.4 thsd m2 were issued for construction of industrial buildings and warehouses, and compared to the 3rd quarter of 2014 it is 46 building permits fewer, while the intended floorspace has increased by 25.9%.
45 building permits were granted for construction of new industrial buildings and warehouses with the intended floorspace of 68.4 thsd m2.
More information on construction volume indices and building permits is available in the CSB database section Construction.
1 Since the 4th quarter of 2014 in construction statistics the term granted permits characterises the number of records entered in the construction permit confirming that conditions for commencement of construction work have been met.
More information about data:
Industrial and Construction Statistics Section
liga [dot] pranca [at] csb [dot] gov [dot] lv
Tel. +371 67366953
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