Construction output in Cyprus jumped 24.3 percent year-on-year in the third quarter of 2018, following an upwardly revised 13.3 percent rise in the previous three month period. It was the highest gain in construction activity since the second quarter of 2017, as the building construction activity advanced 30 percent (from 17.2 percent in Q2) and civil engineering projects increased 2.2 percent, rebounding from a 2.4 percent decrease in the second quarter. Construction Output in Cyprus averaged 0.72 percent from 2001 until 2018, reaching an all time high of 44.90 percent in the first quarter of 2017 and a record low of -27.70 percent in the fourth quarter of 2012.

Construction Output in Cyprus is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Cyprus to stand at 2.60 in 12 months time. In the long-term, the Cyprus Construction Output is projected to trend around 2.70 percent in 2020, according to our econometric models.

Cyprus Construction Output
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Calendar GMT Actual Previous Consensus TEForecast
2018-04-05 09:10 AM Construction Output YoY 12.1% 9.2% 7.4%
2018-07-16 08:45 AM Construction Output YoY 5.1% 12.1% 5.1%
2018-10-18 09:15 AM Construction Output YoY 13.1% 19.4% 4.8%
2019-01-11 10:00 AM Construction Output YoY 24.3% 13.3% 15.5%
2019-04-05 09:00 AM Construction Output YoY 24.3% 14.2%
2019-07-05 09:00 AM Construction Output YoY 2.9%
2019-10-07 09:00 AM Construction Output YoY 2.7%


Cyprus Housing Last Previous Highest Lowest Unit
Housing Index 103.98 103.34 130.42 93.41 Index Points [+]
Construction Output 24.30 13.30 44.90 -27.70 percent [+]
Building Permits 588.00 415.00 999.00 298.00 [+]
Home Ownership Rate 70.70 72.50 74.10 70.70 percent [+]


Cyprus Construction Output

In Cyprus, construction output refers to the year over year change in the value of construction work done. This page provides - Cyprus Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Construction Output - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
24.30 13.30 44.90 -27.70 2001 - 2018 percent Quarterly
2010=100, NSA




Country Last Previous
Argentina -15.90 Nov/18
Australia -2.80 Sep/18
Euro Area 1.80 Oct/18
France 0.50 Nov/18
Germany -1.90 Nov/18
India 3.50 Nov/18
Italy 0.60 Aug/18
Mexico -3.30 Nov/18
Netherlands 7.70 Oct/18
Russia 0.10 Sep/18
South Korea -10.60 Nov/18
Spain -1.10 Oct/18
Switzerland -0.30 Sep/18
United Kingdom 3.00 Nov/18


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