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International Internet Magazine. Baltic States news & analytics Tuesday, 21.11.2017, 13:36

In Q3, construction output grew by 25% in Latvia

Sandra Vītola , Statistics Latvia, 13.11.2017.Print version
The latest data compiled by the Central Statistical Bureau (CSB) show that, compared to the corresponding period of 2016, in the 3rd quarter of 2017 construction output1 increased by 25% (according to calendar adjusted data at constant prices). Construction output at current prices amounted to 580.8 million euros.

Compared to the 3rd quarter of the previous year, significant construction output increase was recorded in construction of civil engineering works (of 39.6% and comprising 50.9% of the total construction output) and construction of non-residential buildings (of 25.2% and comprising 38.8% of the total construction), while construction of residential buildings fell by 18%.



 

Within the construction of civil engineering works, construction of harbours, waterways, dams and other waterworks grew twice; notable increase was observed also in construction of long-distance pipelines, communication and electricity lines (of 67.7%) and construction of highways, streets and roads, airfield runways, and railways (of 28.2%).


Within the construction of non-residential buildings, significant rise was registered in construction of wholesale and retail trade buildings (of 90%), construction of office buildings (60.6%), construction of school, university and research buildings (44.1%), as well as construction of industrial buildings and warehouses (23.6%).


Construction output and changes thereof

 

Total (at current prices, mln EUR)

JANSEP 2017, compared to JANSEP 2016, % (calendar adjusted data at constant prices)

Q3 2017,

compared to

JAN–SEP 2017 

Q3 2017

Q2 2017, % (seasonally adjusted data at constant prices)

Q3 2016, % (calendar adjusted data at constant prices)

Total

 

1187.2

 

580.8

 

18.5

 

6.4

 

25.0

residential buildings, total

 

152.6

 

60.3

 

-8.8

-6.1

 

-18.0

non-residential buildings, total

 

512.5

 

226.0

 

17.8

9.9

 

25.2

hotels and similar buildings

31.4

12.7

-32.7

68.5

4.0

office buildings

78.7

33.0

18.8

28.1

60.6

wholesale and retail trade buildings

39.5

19.2

63.3

52.9

90.0

production buildings and warehouses

102.1

 

42.0

41.5

2.5

23.6

school, university and research buildings

65.8

 

42.5

46.4

 

30.3

44.1

hospital or institutional care buildings

17.5

 

6.0

-24.9

11.6

-41.4

civil engineering works, total

522.1

294.6

30.9

8.9

39.6

highways, streets, roads, airfield runways, railways

238.8

152.3

24.4

4.8

28.2

bridges and tunnels

14.0

6.7

-15.6

-40.7

-34.5

harbours and dams

42.7

20.9

83.3

16.8

117.3

long-distance pipelines, communication and electricity lines

91.1

47.5

37.9

16.6

67.7

local pipelines and cables

98.9

49.0

43.7

-5.6

59.9

 

In the 3rd quarter of 2017, 901 building permits2 were granted for the construction, capital repairs, reconstruction and restoration of single dwelling buildings with the total floor space of 179.7 thousand m2, of which 699 permits were issued for construction of new buildings with the intended floor space of 135.9 thousand m2 (297 permits more than in the 3rd quarter of 2016).

 

In its turn, 81 building permits (2 times more than in the corresponding quarter of the previous year) were granted for construction of industrial buildings and warehouses with the total intended floor space of 169 thousand m2, of which 48 building permits were issued for new construction with the intended floor space of 72.9 thousand m2.

 

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

 

1Own account construction works, including that performed abroad.

 

Since 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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