In nine months construction production volume rises by 9.7%
The data compiled by the Central Statistical Bureau of Latvia show that, in the nine months of 2014, construction volume at current prices accounted for EUR 1254.4 million, of which in the 3rd quarter - EUR 574.0 million.
Compared to the 2nd quarter of this year, construction output in the 3rd quarter of 2014 decreased by 4.2%, according to seasonally adjusted data at constant prices. Of which construction of buildings dropped by 4.0% and construction of civil engineering structures – by 4.4%.
Construction volume index
Data source: Central Statistical Bureau of Latvia
Compared to the corresponding period of 2013, construction output in the 3rd quarter of 2014 grew by 0.6%, according to calendar adjusted data at constant prices.Construction of buildings rose by 34.7%; of which construction of residential buildings - by 24.4% (13.3% of total construction), and construction and repair of educational buildings grew 2.1 time (9.5% of total construction).
Construction of civil engineering structures, as compared to the 3rd quarter of the previous year, dropped by 18.6%, which was affected by a significant construction volume drop in construction of streets and roads - of 11.2% (27.1% of total construction), in construction of main pipelines, communication and power lines - of 26.1% (5.6% of total construction), as well as in construction of harbours - of 64.6% (2.3% of total construction). At the same time construction of local pipelines and cables increased by 50.1% (5.7% of total construction).
Compared to the corresponding period of 2013, construction output in the nine months of 2014 grew by 9.7%, according to calendar adjusted data at constant prices. Of which construction of buildings increased by 14.1% and construction of civil engineering – by 5.2%.
Construction volume and changes
Total (at current prices, mln EUR)
Nine months of 2014, compared to nine months of 2013, % (constant prices, calendar adjusted)
3rd quarter of 2014, compared to
nine months of 2014
3rd quarter of 2014
2nd quarter of 2014, %
3rd quarter of 2013, %
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, communication and electricity lines
Local pipelines and cables
133 building permits were granted for construction of industrial buildings and warehouses with the total floor space of 177.5 thousand m2. As compared to the 3rd quarter of 2013, it is 9 building permits less for the total floor space smaller by 14.0%. 78 permits were granted for the construction of new industrial buildings and warehouses with the total floor space 89.9 thousand m2 – 1 permit more, but 39.5% of intended floor space less than in the 3rd quarter of the previous year.
More information on construction volume indices and building permits is available in the CSB database Construction.
Investment and Real Estate Statistics Section
Tel. +371 67366857
Statistics by theme
- General Statistics
- Economy and Finances
- Population and Social Processes
- Industry, Construction, Housing, Trade and Services, Structural Business Statistics
- Transport and Tourism
- Foreign Trade
- Agriculture, Forestry and Fishing
- Environment and Energy
- Science and Technology
- Population Census
- Agricultural Census
- Statistical Data on EU Countries
- Statistics of the 1920s – 1930s