Construction output in Russia decreased 3.10 percent in May of 2020 over the same month in the previous year.

Construction Output in Russia averaged 4.29 percent from 1998 until 2020, reaching an all time high of 30.30 percent in January of 2008 and a record low of -19.30 percent in May of 2009. This page provides - Russia Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Construction Output - values, historical data and charts - was last updated on August of 2020. source: Federal State Statistics Service

Construction Output in Russia is expected to be -5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Russia to stand at 1.70 in 12 months time. In the long-term, the Russia Construction Output is projected to trend around 3.50 percent in 2021 and 2.10 percent in 2022, according to our econometric models.

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Russia Construction Output

Actual Previous Highest Lowest Dates Unit Frequency
-3.10 -2.30 30.30 -19.30 1998 - 2020 percent Monthly

Russia Housing Last Previous Highest Lowest Unit
Housing Index 8.00 6.30 56.90 -7.60 percent [+]
Housing Starts 5.50 3.50 19.70 0.40 Million Sq Meter [+]
Home Ownership Rate 89.00 88.60 89.00 58.20 percent [+]
Construction Output -3.10 -2.30 30.30 -19.30 percent [+]

Russia Construction Output
In Russia, construction output measures the yearly change of the value of work, that includes the cost of construction and erection work of new objects, enlargement, technical re-equipment, capital and current overhaul, reconstruction and modernization of residential and non-dwellings and engineering constructions. .