Construction witnesses a decrease of 19 % during the 2nd quarter

11.08.2016

The latest data compiled by the Central Statistical Bureau (CSB) show that, as compared to the corresponding period of 2015, during the 2nd quarter of 2016 the construction production (volume) reduced by 19 %, according to calendar adjusted data at constant pricesConstruction production at current prices accounted for EUR 325.4 mln.

Index of Production in Construction
(2010=100)

Construction of buildings went down by 4.7 % due to a 9.7 % drop in the construction of non-residential buildings, however the production volume of construction of residential buildings went up by 9.9 %.

As compared to the 2nd quarter of the previous year, construction of civil engineering structures decreased by 33.8 % during the 2nd quarter due to a decrease of 49.2 % in the construction of harbours, waterways, dams and other waterworks, a decrease of 41.2 % in the construction of bridges and tunnels, as well as a drop of 32.7 % in the construction of highways, streets and roads, airfield runways, and railways. Growth was recorded in the construction of main pipelines, communication and electricity lines (33.9 %), as well as in the construction of local pipelines and cables (12.7 %).

Construction production and changes thereof

 

Total (at current prices, mln EUR)

1st half of 2016 compared to 1st half of 2015, % (constant prices, calendar adjusted)

2nd quarter of 2016,

compared to

1st half of 2016 

2nd quarter of 2016

1st quarter of 2016, % (seasonally adjusted data at constant prices)

2nd quarter of 2015, % (calendar adjusted data at constant prices)

Total

528.8

325.4

-18.9

-4.5

-19.0

Residential buildings, total

92.4

57.1

-6.8

19.7

9.9

Non-residential buildings, total

250.2

137.4

-5.9

-3.0

-9.7

Hotels and similar buildings

33.7

19.6

134.8

8.9

160.2

Office buildings

44.8

25.0

27.8

-11.0

34.7

Wholesale and retail trade buildings

13.8

9.4

-28.9

94.0

-21.9

Production buildings and warehouses

37.6

16.4

-20.4

-34.7

-34.1

School, university and research buildings

15.2

10.2

-67.5

-4.3

-66.8

Hospital or institutional care buildings

12.9

7.9

-32.7

-4.6

-39.5

Civil engineering structures, total

186.2

130.9

 

-35.3

10.1

-33.8

Highways, streets, roads, airfield runways, railways

72.3

58.6

-31.5

-14.9

-32.7

Bridges and tunnels

6.3

5.3

-51.5

55.7

-41.2

Harbours and dams

13.6

7.3

-41.0

-11.7

-49.2

Main pipelines, communication and electricity lines

37.4

25.8

10.6

24.7

33.9

Local pipelines and cables

37.9

22.5

24.9

-4.0

12.7


During the 2nd quarter of 2016, 496 building permits1 were issued for the construction, capital repairs, reconstruction and restoration of single-dwelling buildings with a total floor space of 93.4 thousand m2, which is 80 building permits less than in the 2nd quarter of 2015, with the total intended floor space being 22.3 % smaller. Out of the total number of building permits granted during the 2nd quarter of 2016, 363 permits were issued for the construction of new buildings with the intended floor space of 71.5 thousand m2.

51 building permits with a total intended floor space of 61.2 thousand m2 have been issued for the construction of industrial buildings and warehouses. In comparison to the 2nd quarter of 2015, it is 9 building permits less, and the intended floor space has decreased by 18.8 %. The largest share of building permits issued for the construction of industrial buildings and warehouses was granted for new construction – 32 permits and 43.2 thousand m2 of intended floor space.

More information on construction volume indices and building permits is available in the Construction section of the CSB database.

1Since the 4th quarter of 2014 in construction statistics the term "granted permits" characterises the number of records entered in the construction permit confirming that the conditions for commencement of construction works have been met.

 

Media requests:
Beate Danusēviča, Sanda Rieksta
Information and Communication Section
E-mail: media [at] csb [dot] gov [dot] lv
Phone: + 371 67366924, + 371 67366621, + 371 27880666
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More information on data:
Sandra Vītola
Industrial and Construction Statistics Section
E-mail: Sandra [dot] Vitola [at] csb [dot] gov [dot] lv
Phone: +371 67366739