In the 3rd quarter of 2021, construction output decreased by 3.3 %
The latest data compiled by the Central Statistical Bureau of Latvia (CSB) show that, in the 3rd quarter of 2021, compared to the 3rd quarter of 2020, construction output1 decreased by 3.3 % (according to calendar adjusted data at constant prices). Construction output decreased in construction of buildings - by 12.8 % and in specialised construction activities - by 3.5 % but increased in civil engineering - by 4.4 %. The fall in output was due to a lack of new projects, a reduction in the number and volume of active construction sites, as well as the renegotiation of some projects due to rising construction costs.
Compared to the same quarter last year, the volume of construction decreased in specialised construction activities, such as demolition of buildings and site preparation works - by 22.4 %, in electrical installation, piping and other similar activities by 6.7 % and in other specialised construction works (roofing and specialized construction activities n.e.c.) - by 4.3 %. In turn, the volume of construction increased in such areas as finishing works (plastering, carpentry, floor and wall finishing, works of painters and glaziers) - by 8.7 %.
Construction output increased in all civil engineering sectors: road and railway construction by 4.8 %, construction of urban infrastructure objects by 3.4 % and construction of other civil engineering projects n.e.c. by 3.5 %.
In the first nine months of the year, construction output according to calendar adjusted data fell by 4.1 %, including 11.3 % in the construction of buildings, 0.9 % in specialized construction activities and rose by 0.6 % in civil engineering.
Compared to the 2nd quarter of 2021, in the 3rd quarter of 2021, construction output fell by 3.5 % (according to seasonally adjusted data at constant prices), of which in construction of buildings - by 11.4 %, in specialized construction activities - by 10.5 % and in civil engineering it rose by 2.9 %.
Construction output changes
(as per cent, at constant prices)
In January -September 2021, compared to January- September 2020 (calendar adjusted)
3rd quarter of 2021, compared to
2nd quarter of 2021 (seasonally adjusted)
3rd quarter of 2020 (calendar adjusted)
Construction of buildings
Construction of roads and railways (incl. bridges)
Construction of utility projects
Construction of other civil engineering projects n.e.c. (water projects and other civil engineering n.e.c.)
Specialised construction activities
Demolition and site preparation
Electrical, plumbing and other construction installation activities
Building completion and finishing (plastering, floor and wall covering, painting and glazing, etc.)
Other specialised construction activities n.e.c.
Building permits granted2
In the 3rd quarter of 2021, 918 building permits were issued for building permits for construction, capital repairs, reconstruction and restoration of residential buildings with the total floor space of 257 thousand square metres; that is 16 building permits more and by 19 thousand larger space than in the 3rd quarter of 2020, including 745 building permits issued for new construction with the intended floor space of 178 thousand square meters (by 54 building permits more but by 8 thousand square meters less intended floor space than a year earlier). 607 building permits have been issued for the start for construction of new one-dwelling buildings (intended floor space - 124 thousand square meters).
For the start of construction, capital repairs, reconstruction and restoration of non-residential buildings, 434 building permits were issued for the total floor space of 929 thousand square meters (by 41 building permits less but by 670 thousand square meters larger intended floor space than in the 3rd quarter of 2020), including for new construction - 298 building permits for the intended floor space of 362 thousand square meters. 56 building permits were issued for the start of construction, capital repairs, reconstruction and restoration of non-residential buildings of industrial production buildings and warehouses for the total floor space of 132 thousand square meters, of which 41 building permits - for new buildings with a total floor space of 95 thousand square meters.
1 Own account construction works, including those performed abroad.
2 Since the 4th quarter of 2014, the term granted permits in construction statistics characterises construction permit records confirming that conditions for commencement of construction work have been met.