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Tuesday, 16.04.2024, 10:01
In Q2, construction output in Latvia rose by 15.9%
Print versionConstruction output growth was
influenced by the rise in construction of non-residential buildings (of 17%)
and construction of civil engineering works (of 28.1%), whereas construction of
residential buildings fell by 14.6%.
Compared to the
corresponding quarter of the previous year, significant construction output
increase within the group of construction of non-residential buildings was
recorded in construction of industrial production buildings and warehouses, the
construction output whereof went up 2 times, as well as construction of
school, university and research buildings(rise of 65.7%). Decline, in its turn,
was observed in construction of hotels and similar buildings (of 55.1%) and
construction of hospital or institutional care buildings (of 24.5%).
Drop in
construction of residential buildings was influenced by the reduction in
construction of three- and more dwelling buildings of 19.7%, however
construction of single dwelling buildings and construction of two- or more
dwelling buildings went up by 6.4% and 7%, respectively.
The rise in
construction of civil engineering works was affected by the increase in
construction of harbours, waterways, dams and other waterworks (of 68.6%),
construction of highways, streets, roads, airfield runways, railways (of 28%),
and construction of long-distance pipelines, communication and electricity
lines (of 17.9%).
Construction output and changes thereof
|
|
Total (at current prices, million
euros) |
1st half of
2017 compared to 1st half
2016, % (constant prices, calendar adjusted) |
Q2 2017 compared to |
||
|
Q1 2017 |
Q2 2017 |
Q1 2017, % (constant prices,
seasonally adjusted) |
Q2 2016, % (constant
prices, calendar adjusted) |
||
|
Total |
606.4 |
384.4 |
13.0 |
4.8 |
15.9 |
|
Residential
buildings, total |
92.3 |
49.8 |
-1.8 |
-9.7 |
-14.6 |
|
Non-residential
buildings, total |
286.6 |
164.5 |
12.6 |
-2.2 |
17.0 |
|
Hotels and
similar buildings |
18.6 |
9.0 |
-45.6 |
-33.7 |
-55.1 |
|
Office
buildings |
45.7 |
25.4 |
0.3 |
-15.5 |
-0.7 |
|
Wholesale and retail trade buildings |
20.3 |
9.5 |
44.4 |
-25.6 |
-1.4 |
|
Production
buildings and warehouses |
60.1 |
34.4 |
57.2 |
7.4 |
104.8 |
|
School, university and research buildings |
23.4 |
17.3 |
50.8 |
20.9 |
65.7 |
|
Hospital or institutional care buildings |
11.5 |
6.1 |
-12.4 |
-38.1 |
-24.5 |
|
Civil engineering
works, total |
227.5 |
170.1 |
21.0 |
17.1 |
28.1 |
|
Highways, streets, roads, airfield runways, railways |
86.5 |
76.1 |
18.2 |
9.1 |
28.0 |
|
Bridges
and tunnels |
7.3 |
5.7 |
14.9 |
-7.0 |
6.2 |
|
Harbours
and dams |
21.7 |
12.4 |
59.3 |
6.0 |
68.6 |
|
Long-distance pipelines, communication and electricity lines |
43.5 |
30.8 |
15.5 |
38.2 |
17.9 |
|
Local
pipelines and cables |
49.9 |
34.7 |
30.8 |
35.1 |
51.9 |
In the 2nd quarter
of 2017, 597 building permits2 were granted for the
construction, capital repairs, reconstruction and restoration of single
dwelling buildings with the total floor space 119.3 thousand m2,
of which 454 permits were issued for construction of new buildings with the
intended floor space of 89.3 thousand m2 (91 permits
more than in the 2nd quarter of 2016).
In its turn, 28
building permits (23 permits less than in the corresponding quarter of the
previous year) were granted for construction of industrial buildings and
warehouses with total intended floor space of 39.5 thousand m2,
of which 22 building permits with 5.2 thousand m2 of
intended floor space were issued for new construction.
More information
on construction volume indices and building permits is available in the CSB
database section Construction.’
Methodological explanations:
1Own account construction works, including that
performed abroad.
2Since the 4th quarter of 2014, the term granted
permits in construction statistics characterises the number of records entered
in the construction permit confirming that conditions for commencement of
construction work have been met.
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