Construction output in Greece rose 3.7 percent from a year earlier in the third quarter of 2021, easing from a 4-year high of 16.2 percent growth in the second quarter as low base effects begin to fade. Building activity soared 27.2 percent (vs 25.4 percent in Q2), the highest reading since at least 2016. On the other hand, civil engineering works decreased by 9.4 percent (vs a 9.8 percent rise). On a quarterly basis, construction output rose 5.7 percent from a 29.6 percent rise one quarter earlier. source: National Statistical Service of Greece
Construction Output in Greece averaged -6.21 percent from 2001 until 2021, reaching an all time high of 52.10 percent in the third quarter of 2016 and a record low of -51.40 percent in the second quarter of 2005. This page provides - Greece Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news. Greece Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.
Construction Output in Greece is expected to be 5.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Construction Output is projected to trend around 4.40 percent in 2022 and 3.00 percent in 2023, according to our econometric models.