Analytics, Construction, Lithuania, Real Estate

Against I quarter 2014, the volume of construction work carried out increased by 9.8%, working day adjusted – by 10%.

The share of construction of non-residential buildings accounted for 43% of total construction work carried out. At constant prices, the share of construction of non-residential buildings was the same as in I quarter 2014.

The share of construction of civil engineering structures accounted for 40% of total construction work carried out in the country. Against I quarter 2014, the share of construction of civil engineering structures increased by 9.9%.

Changes in the volume of construction work carried out within the country, %, against the respective period of the previous year

The share of construction of residential buildings accounted for 17% of total construction work carried out, or by 46.1% more than in I quarter 2014.

In I quarter 2015, the volume of construction work carried out abroad amounted to EUR 28 million. Against IV quarter 2014, the volume of construction work carried out abroad decreased by 39.4%, against I quarter 2014, by 18.2%.

Table 1. Changes in the volume of construction work carried out, growth, drop (-), %

Construction work carried out within the country indices, Quarterly average 2010 – 100

Comparative indicators are calculated at constant prices of 2010 applying a construction input price index.

Concepts

Construction work carried out refers to the value (VAT excluded) of all kinds of work carried out when building a new structure, reconstructing, repairing (restoring) or demolishing a structure for a customer (sale) or for own needs. It excludes the value of land and design work.

More information on the issue is available in the Database of Indicators of Statistics Lithuania.