Construction in Latvia in 1st quarter of 2010

14.05.2010

In the 1st quarter of 2010 construction volume (at current prices) comprised LVL 107.1 mln, according to the data of Central Statistical Bureau.

Compared to the 4th quarter of 2009, construction volume in Latvia in the 1st quarter of 2010 reduced by 1.0%, according to seasonally adjusted data at constant prices.

Compared to the corresponding quarter of previous year, construction in Latvia in the 1st quarter of 2010 decreased by 43.4% (working day adjusted data at constant prices). Of which volume of buildings constructed reduced by 42.5%, but volume of civil engineering structures - by 43.9%.

Most notable reduction of construction and repairs was recorded in construction of main pipelines, communication and power lines – 75.3%, residential buildings – 74.5%, local pipelines and cable lines – 61.8%. But compared to a corresponding period a year before, construction volume has increased only in construction of bridges and tunnels – by 37.3%.

Construction production volume and its changes in 1st quarter of 2010
(at constant prices)

 

Total (current prices, mln lats)

1st quarter 2010 as % over

4th quarter 2009 (seasonally adjusted)

1st quarter 2009 (working-day adjusted)

Total

107.1

-1.0

-43.4

Of which:

   

Residential buildings

5,4

-48.9

-74.5

Office buildings

8.7

-25.4

-60.0

Wholesale and retail trade buildings

6.0

181.4

-53.5

Production buildings and warehouses

9.1

6.6

-36.4

Buildings for sports events

1.3

-15.8

-79.9

Schools, universities and research institutions

9.0

2.6

-1.8

Health care and social care buildings

3.3

2.4

-17.4

Motorways, streets, roads, airfields, runways, railway lines

9.4

6.6

-15.4

Bridges and tunnels

14.7

-18.4

37.3

Pipelines, communication and power lines

5.6

-51.3

-75.3

Local pipelines and cable lines

4.1

-35.2

-61.8


More information on seasonally adjusted, working-day adjusted and non-adjusted indices of construction is available in data base on Web Page of CSB.

 

Prepared by the Investment and Real Estate Statistics Section
Arvīds Uibo
Tel. 67366857