Construction output in Slovakia increased by 1.0 percent from a year earlier in November 2021, following a 2.8 percent growth in the previous month, as output realized abroad jumped 61.9 percent (vs 24.7 percent in October). On the other hand, domestic construction activity, which accounts for 89 percent of total output, contracted 3.6 percent (vs 0.8 percent in October), led by declines in building activity (-1.0 percent vs 2.2 percent) and civil engineering works (-8.1 percent vs -1.6 percent). On a seasonally adjusted monthly basis, construction output grew by 4.9 percent in November. source: Statistical Office of the Slovak Republic
Construction Output in Slovakia averaged -0.71 percent from 1993 until 2021, reaching an all time high of 28.90 percent in October of 2015 and a record low of -41.30 percent in December of 1993. This page provides - Slovakia Construction Output - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.
Construction Output in Slovakia is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovakia Construction Output is projected to trend around 1.90 percent in 2023 and 2.20 percent in 2024, according to our econometric models.