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.

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Slovakia Construction Output



Calendar GMT Actual Previous Consensus TEForecast
2022-04-12 07:00 AM Feb 13.3% 0.3% 1.5%
2022-05-11 07:00 AM Mar 1.9% 13.3% 8.5%
2022-06-10 07:00 AM Apr


Related Last Previous Unit Reference
Construction Output 1.90 13.30 percent Mar 2022

Slovakia Construction Output
The production index in construction measures the evolution of output within the construction sector, including building construction and civil engineering.
Actual Previous Highest Lowest Dates Unit Frequency
1.90 13.30 28.90 -41.30 1993 - 2022 percent Monthly
WDA

News Stream
Slovakia Construction Growth Eases in March
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.
2022-05-11
Slovakia Construction Growth Quickens in February
Construction output in Slovakia surged by 13.3% from the previous year in February of 2022, accelerating sharply from a 0.3% increase in the previous month. It was the fastest pace of growth in construction activity since January of 2018, in part due to low-base effects. In terms of the output specification, double-digit growth was recorded in construction of buildings (12.3%), as well as work on civil engineering, which mainly includes the construction of motorways (13.7%). Work realized abroad was higher than a year ago by 20.7%. On a seasonally adjusted monthly basis, construction output rose by 5.2% in February.
2022-04-12
Slovakia Construction Output Stable in January
Construction output in Slovakia increased 0.30 percent in January of 2022 over the same month in the previous year, rebounding slightly from a 0.9 percent decrease in December of 2021. Output realized abroad more than doubled (105.7 percent vs 90.8 percent in December), which was almost offset by a further contraction in total domestic output (-6.7 percent vs -2.4 percent). Domestic activity accounts for 89 percent of total output and was significantly impacted by steep declines in civil engineering works (-33.4 percent vs -9.3 percent); new construction, reconstruction, and modernization works (-9.5 percent vs -5.8 percent); and repair and maintenance works (-8.8 percent vs 3.2 percent). On a seasonally adjusted monthly basis, construction output fell 0.7 percent in January.
2022-03-10