Construction output in Slovakia rose by 1.9% from the previous year in March of 2022, slowing sharply from a 13.3% surge in the previous month. Work realized abroad fell 10.6% year-on-year, while domestic construction activity, which accounts for more than 91% of total production increased by 3.3% led by new construction works (+5.5%) and repairs and maintenance works (+5.8%). Breaking construction according to the production focus, construction on buildings dropped 3.7% while civil engineering, which mainly includes the construction of motorways grew 23.7%. On a seasonally adjusted monthly basis, construction output fell 0.2% while considering the first quarter of 2022, it increased 4.9% year-on-year, reaching EUR 1.1 billion led by both domestic and foreign works. source: Statistical Office of the Slovak Republic
Construction Output in Slovakia averaged -0.66 percent from 1993 until 2022, 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 May 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.