Construction in Latvia in the 3rd quarter of 2009

23.11.2009

In the 3rd quarter of 2009 construction volume (at current prices) comprised LVL 288.1 mln, according to the data of the Central Statistical Bureau. Compared to the 2nd quarter of 2009 the volume reduced by 20.2%, according to seasonally adjusted data at constant prices. Of which construction of buildings – by 29.5% and construction of civil engineering structures – by 14.5%.

Compared to the corresponding quarter of 2008, construction in Latvia in 3rd quarter of 2009 decreased by 36.8% (working day adjusted data at constant prices). Of which construction of buildings reduced by 53.3% and volume of civil engineering structures constructed – by 19.5%.

Construction and repair of motorways and streets diminished by 42.9%,of administrative buildings – by 60.3%, of residential buildings - by 73.1%, of wholesale and retail trade buildings – by 76.0% and of industrial buildings and warehouses - by 78.5%. But construction volume of health care and social care buildings grew by 45.7%, of local pipelines and cable lines – by 28.8% and construction in ports – by 24.5%.

 

Changes of construction production in 3rd quarter of 2009
(at constant prices)


Total (current prices, mln lats)

3rd quarter 2009 as % over

2nd quarter 2009 (seasonally adjusted)

3rd quarter 2008 (working-day adjusted)

Total

288,1

-20,2

-36,8

 

Of which:

 

 

 

Residential buildings

17,3

-21,0

-73,1

Hotels and similar buildings

1,7

-28,7

-55,5

Office buildings

25,3

-21,4

-60,3

Wholesale and retail trade buildings

5,5

-39,4

-76,0

Production buildings and warehouses

8,5

-26,9

-78,5

Buildings for sports events

6,7

-15,6

-29,6

Schools, universities and research institutions

14,2

-6,6

-26,6

Health care and social care buildings

12,5

29,3

45,7

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

66,6

-24,4

-42,9

Bridges and tunnels

16,3

-44,4

-24,2

Ports and dams

9,4

0,8

24,5

Pipelines, communication and power lines

25,9

-23,4

2,6

Local pipelines and cable lines

23,7

26,0

28,8


 

Compared to the corresponding period of previous year, in nine months of 2009 construction volume (at constant prices) decreased by 34.1%. Of which construction of buildings reduced by 48.1% and volume of civil engineering structures constructed – by 17.0%.


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