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International Internet Magazine. Baltic States news & analytics Tuesday, 21.11.2017, 13:55

The volume of construction works in Lithuania increased by 2.9% in Q3

Tatjana Kučeiko, Statistics Lithuania, 15.11.2017.Print version
Statistics Lithuania informs that in III quarter 2017, the volume of construction work carried out in the country amounted to EUR 749.3 million at current prices, and against the previous period, seasonally and calendar adjusted, increased by 2.9% (unadjusted – increased by 17.5%). Over a quarter, the volume of building construction decreased by 0.4%, civil engineering structures – increased by 7.7% (unadjusted – increased by 14 and 21.7% respectively).

In III quarter 2017, against the respective period of the previous year, the volume of construction work carried out, calendar adjusted, increased by 10.8% (unadjusted – by 10%). Against the same period of the previous year, the volume of building construction increased by 4.6%, that of construction of civil engineering structures – by 18.4% (unadjusted – increased by 4.4 and 16.9% respectively).


The share of construction of civil engineering structures accounted for 46.4% of total construction work carried out in the country (EUR 347.9 million), that of construction of non-residential buildings – 37.4% (EUR 279.9 million), that of construction of residential buildings – 16.2% (EUR 121.5 million).




In January–September 2017, the volume of construction work carried out in the country amounted to EUR 1 billion 738 million; against January–September 2016, calendar adjusted, it increased by 8.5% (unadjusted – by 8%).


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

 

III quarter 2017, against

January–September 2017, against

II quarter 2017, seasonally and calendar adjusted

II quarter 2017

III quarter 2016. calendar adjusted

III quarter 2016

January–September 2016, calendar adjusted

January–September 2016

Within the country

2.9

17.5

10.8

10.0

8.5

8.0

Buildings

–0.4

14.0

4.6

4.4

6.7

6.6

residential

–9.1

0.3

–10.9

–9.4

–2.4

–3.3

non-residential

3.6

21.1

12.8

11.6

11.5

11.9

Civil engineering structures

7.7

21.7

18.4

16.9

 

10.7

 

10.1


Compared to the previous period, seasonally and calendar adjusted, it decreased by 11.6% (unadjusted – 12.6%), against the respective period of the previous year, calendar adjusted – by 1.4% (unadjusted – 1.7%).


In January–September 2017, the volume of construction work carried out abroad amounted to EUR 177.9 million; against January–September 2016, calendar adjusted and unadjusted, it decreased by 0.4%.


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.


A news release on the works of construction enterprises in IV quarter 2017 is due on 14 February 2018.


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






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