In the 4th quarter 2015 construction decreased by 6.2 %

12.02.2016

The latest data compiled by the Central Statistical Bureau of Latvia (CSB) show that in the 4th quarter 2015 as compared to the corresponding period of 2014 construction production volume according to calendar adjusted data at constant prices decreased by 6.2 %. Construction production volume at constant prices accounted for EUR 500.5 mln.

Construction of buildings dropped by 8.5 %, of which residential buildings by 23.4 %, non-residential buildings – by 3.6 %. Construction of civil engineering structures went down by 3.9 % and it was affected by the decrease of the construction volume of highways, streets, roads, airfield runways and railways by 12.2 % as well as of main pipelines, communications and power transmission lines – by 9 %.

In turn, construction of harbours, waterways, dams and other water works increased by 59 %, construction of local pipelines and cables by 30.5 % and construction of bridges and tunnels by 6.5 %.

In the 4 quarter 2015 as compared to the previous quarter, construction production volume according to calendar adjusted data at constant pricesdecreased by 5.9 %, of which construction production volume of buildings - by 3.2 % and construction volume of civil engineering structures – by 8.0 %.

In 2015 as compared to 2014, construction production volume according to calendar adjusted data decreased by 1.2 %, amounting to EUR 1743.8 mln at constant prices. Construction of buildings went down by 7 %, of which construction of residential buildings by 8.5 %, but construction of non-residential buildings by 6.5%. In turn, construction of civil engineering structures rose by 5.2 %. Mostly increased the volume construction of local pipelines and cables – by 26 % and construction of harbours, waterways, dams and other water works – by 22.7 %. Significantly dropped the volume of construction of bridges, elevated roads and tunnels – by 18.4 % and the volume of construction of main pipelines, communications and power transmission lines – by 11.1 %.

In the 4th quarter of 2015, 462 building permitswere granted for the construction, capital repairs, reconstruction and restoration of single dwelling buildings with the total floor space of 87 thsd. m2 . Of the total number of granted building permits two thirds (66 %) of building permits were granted for the construction of new buildings with the intended floor space of 60.4 thsd. m2.

79 building permits were granted for the construction, capital repairs, reconstruction and restoration of new industrial buildings and warehouses with the intended floor space of 83.9 thsd. m2, of which a half (49.4 %) - for the construction of new buildings with the intended floor space of 28.3 thsd. m2.

In 2015, 2038 building permits were granted for the construction, capital repairs, reconstruction and restoration of single dwelling buildings with the total floor space of 402.1 thsd. m2. 1383 or 68 % of building permits were granted for the construction of new single dwelling buildings with the intended floor space of 281.6 thsd. m2.  296 building permits were granted for the construction of industrial buildings and warehouses with the intended floor space of 468 thsd. m2 , of which 151 building permits – for the construction of new industrial buildings and warehouses with the intended floor space of 181.1 thsd. m2 .

More information on construction volume indices and granted 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.

 

Media requests:
Beate Danusēviča, Kristīne Romanovska
Information and Communication Section
media [at] csb [dot] gov [dot] lv
Tel.: +37167366924, +37167366621, +37127880666
www.twitter.com/csb_latvia
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More information about data:
Industrial and Construction Statistics Section
Līga Pranča
Liga [dot] Pranca [at] csb [dot] gov [dot] lv
Tel.: +37167366953

Construction Production Volume Index
(2010=100)

Construction volume and changes


 

Total (at current prices, mln EUR)

2015. as compared to 2014,% (calendar adjusted data at constant prices)

4th quarter of 2015 compared to

2015

4th quarter

2015

3rd quarter of 2015, % (at constant prices, seasonally adjusted))

4th quarter of 2014, % (at constant prices, calendar adjusted)

Total

1743.8

500.5

-1.2

-5.9

-6.2

Residential buildings, total

223.3

50.3

-8.5

-22.9

-23.4

Non-residential buildings, total

634.2

187.9

-6.5

2.9

-3.6

Hotels and similar buildings

40.1

15.5

9.1

22.8

52.9

Office buildings

94.7

32.5

-7.8

14.8

13.8

Wholesale and retail trade buildings

47.4

14.0

0.6

7.1

68.2

Industrial buildings and warehouses

99.9

21.5

-6.4

-36.1

-43.3

School, university and research buildings

92.7

17.3

-33.3

-18.4

-54.7

Hospital or institutional care buildings

45.6

15.9

19.5

34.6

115.2

Civil engineering, total

886.3

262.3

5.2

-8.0

-3.9

Highways, streets, roads, airfield runways, railways

383.1

103.8

6.0

-10.1

-12.2

Bridges and tunnels

31.9

11.7

-18.4

35.4

6.5

Harbours and dams

60.2

20.7

22.7

27.4

59.0

Main pipelines, communications and power transmission lines

90.7

27.0

-11.1

-6.8

-9.0

Local pipelines and cables

121.0

42.1

26.0

-13.1

30.5