Construction output in Greece rose 12 percent from a year earlier in the first quarter of 2022, accelerating from a 5.7 percent increase in the previous quarter. Activity accelerated for building construction (20.8 percent vs 16.5 percent in Q4) and rebounded civil engineering (6.5 percent vs -0.9 percent). On a quarterly basis, construction output was 41% lower compared to Q4 of 2021. source: National Statistical Service of Greece

Construction Output in Greece averaged -5.70 percent from 2001 until 2022, 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 June of 2022.

Construction Output in Greece is expected to be 4.30 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 3.00 percent in 2023, according to our econometric models.

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Greece Construction Output



Related Last Previous Unit Reference
Construction Output 12.00 5.70 percent Mar 2022
Building Permits 1822.00 1522.00 Feb 2022

Greece Construction Output
In Greece, the Production Index in Construction (IPC) is an important business cycle indicator, which shows the quarterly activity in the production of building construction and the production of civil engineering sectors.
Actual Previous Highest Lowest Dates Unit Frequency
12.00 5.70 52.10 -51.40 2001 - 2022 percent Quarterly
WDA

News Stream
Greek Construction Output Rises in Q4
Construction output in Greece rose 12 percent from a year earlier in the first quarter of 2022, accelerating from a 5.7 percent increase in the previous quarter. Activity accelerated for building construction (20.8 percent vs 16.5 percent in Q4) and rebounded civil engineering (6.5 percent vs -0.9 percent). On a quarterly basis, construction output was 41% lower compared to Q4 of 2021.
2022-06-15
Greek Construction Output Rises in Q4
Construction output in Greece rose 5.7 percent from a year earlier in the fourth quarter of 2021, accelerating from an upwardly revised 4.4 percent growth in the third quarter. Building activity soared 22.7 percent (vs 26.9 percent in Q3) and the civil engineering works declined less (-3.9 percent vs -8.2 percent). On a quarterly basis, construction output jumped 37.6 percent from a 4.4 percent rise in the previous quarter.
2022-03-15
Greek Construction Output Rises in Q3
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.
2021-12-14