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Friday, 29.03.2024, 00:16
The volume of construction work in Lithuania increased by 2.5% in Q4
In IV quarter 2017, against the respective period of the previous year, the volume of construction work carried out, calendar adjusted, increased by 10.5% (unadjusted – by 9.9%). Against the same period of the previous year, the volume of building construction both calendar adjusted and unadjusted, it decreased by 1.3%, that of construction of civil engineering structures – increased by 27.7% (unadjusted – increased by 26.1%).
In 2017, the volume of construction work carried out amounted to EUR 2.6 billion at current prices, and against 2016, calendar adjusted, it increased by 9.5% at constant prices (unadjusted – by 9.2%).
In 2017, the proportion of construction of civil engineering structures stood at 43.2% of total construction works carried out in the country; their value amounted to EUR 1.1 billion, or by 16.3% more than in 2016 calendar adjusted (unadjusted – 15.5%). The bulk (38.6%) fell within construction of roads and streets and repair.
In 2017, the proportion of construction of non-residential buildings stood at 39%; their value amounted to EUR 1 billion, or by 11.8% more than in 2016 calendar adjusted (unadjusted – by 11.9%). The bulk fell within construction of production, industrial buildings and warehouses.
In 2017, the value of construction of residential buildings amounted to EUR 455.8 million (17.8% of all construction works carried out within the country); over the year, both calendar adjusted and unadjusted, it decreased by 8.3%.
In 2017, in terms of type of work, the bulk of construction works carried out within the country – 47.6% – fell within new construction, 29% – repair and other construction work, 23.4% – reconstruction.
Changes in the volume of construction work carried out, growth, drop (–),%
|
IV quarter 2017, against |
2017 against |
||||
III quarter
2017, seasonally and calendar adjusted |
III quarter 2017 |
IV quarter 2016, calendar adjusted |
IV quarter 2016 |
2016, calendar adjusted |
2016 |
|
Within the country |
2.5 |
8.0 |
10.5 |
9.9 |
9.5 |
9.2 |
Buildings |
0.7 |
8.9 |
–1.3 |
–1.3 |
4.7 |
4.8 |
residential |
1.7 |
10.6 |
–19.1 |
–17.8 |
–8.3 |
–8.3 |
non-residential |
0.3 |
8.1 |
8.6 |
7.8 |
11.8 |
11.9 |
Civil engineering structures |
4.7 |
7.2 |
27.7 |
26.1 |
16.3 |
15.5 |
In IV quarter 2017, the volume of construction work carried out abroad amounted to EUR 78.2 million. Against the previous period, seasonally and calendar adjusted, it increased by 2.9% (unadjusted – by 1.5%), against the respective period of the previous year, calendar adjusted, it increased by 28% (unadjusted – by 27.6%).
In 2017, the volume of construction work carried out abroad amounted to EUR 275.4 million; against 2016, calendar adjusted, it increased by 14.8% (unadjusted – by 14.9%).
All 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 I quarter 2018 is due on 15 May 2018.
More information on the issue is available in the Database of Indicators.