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In Q3, the volume of construction work rose by 12.6% in Lithuania

Danguolė Arėškienė, Statistics Lithuania, 13.11.2015.Print version
Statistics Lithuania informs that in III quarter 2015, the volume of construction work carried out in the country amounted to EUR 754.5 million at current prices. Against II quarter 2015, the volume of construction work increased by 12.6%, seasonally and working day adjusted – decreased by 4.6%.

Over a quarter, the volume of building construction increased by 15.4%, seasonally and working day adjusted – 1%. The volume of construction of civil engineering structures increased by 9.6%, yet seasonally and working day adjusted – decreased by 10.4%.

 

In III quarter 2015, against III quarter 2014, the volume of construction work carried out decreased by 4% and was not influenced by the number of working days. The share of construction of civil engineering structures accounted for 48% of total construction work carried out in the country. Against III quarter 2014, the share of construction of civil engineering structures decreased by 13.8%. The share of construction of non-residential buildings accounted for 34% of total construction work carried out, or by 9.2% less than in III quarter 2014. The share of construction of residential buildings accounted for 18% of total construction work carried out, or by 64.9% more than in III quarter 2014.


Fig. 1. Changes in the volume of construction work carried out within the country, %, against
the respective period of the previous year

In III quarter 2015, the volume of construction work carried out abroad amounted to EUR 55.8 million. Against II quarter 2015, the volume of such construction increased by 10.9%, against III quarter 2014, by 18.5%.

 

In January–September 2015, the volume of construction work carried out in the county amounted to EUR 1813 million, or by 2.5% more than in January–September 2014.


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

 

III quarter 2015, against

January–September 2015, against January–September 2014

II quarter 2015

II quarter 2015, seasonally and working day adjusted

III quarter 2014

III quarter 2014, working day adjusted

2010 quarterly average

Within the country

12.6

–4.6

–4.0

–4.0

72.7

2.5

Buildings

15.4

1.0

7.1

8.5

2.0 t.

9.3

Civil engineering structures

9.6

–10.4

–13.8

–14.9

47.8

–4.3

Outside the country

10.9

x

18.5

x

x

12.3


Fig. 2. Indices of construction work carried out within the country, 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.







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