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Tuesday 20.03.2018 | Name days: Made, Irbe

Construction output up 12.3%

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RU

The construction output at actual prices was 868.7 million lats last year, including 300.6 million lats in the last quarter. In 2011, compared to 2010, the construction output at comparable prices increased by 12.3%, including buildings’ construction output – by 14.7%, engineering structures’ construction output – by 10.6%.

In the last quarter of 2011, compared to the 3rd quarter of the same year, according to seasonally adjusted data at comparable prices, the construction output increased by 4.0%. Including buildings’ construction output – by 2.6%, engineering structures’ construction output – by 10.6%.

In the 4th quarter of 2011, compared to the last quarter of the previous year, according to calendar adjusted data at comparable prices, the construction output increased by 25.9%. Including buildings’ construction output – by 28.0%, engineering structures’ construction output – by 24.4%.

The highest increase in construction and repairs, compared to the corresponding period of the previous year, was observed in the construction of streets and roads, as well as industrial premises and storehouses – accordingly by 72.7% and 66.2%. The construction output decreased in construction of main pipelines, communications, as well as bridges and tunnels – accordingly by 37.3% and 22.2%.

Last year 1 849 building permits were issued for the construction of one-apartment houses, capital repairs, reconstruction and restoration for total space of 423.8 thousand m2 (in 2010 – 1 731 and 379.8 thousand m2, accordingly).  439 building permits were issued for the construction of industrial premises and storehouses for total space of 834.8 thousand m2 (in 2010 – 296 and 536.8 thousand m2, accordingly).

In the 4th quarter of 2011, 396 building permits were issued for the construction of one-apartment houses with total space of 84.9 thousand m2 (in the 4th quarter of 2010 – 332 and 77.2 thousand m2, accordingly). 132 building permits were issued for the construction of industrial premises and storehouses with total space of 199.5 thousand m2 (in the 4th quarter of 2010 – 106 building permits and 153.4 thousand m2).

In 2011, 1 155 building permits were issued for the construction of new one-apartment houses with total space of 258.0 thousand m2 (in the 4th quarter of 2011 – 262 and 58.9 thousand m2, accordingly), and 262 building permits for the construction of new industrial premises and storehouses with total space of 537.0 thousand m2 (in the 4th quarter of 2011 – 87 and 147.4 thousand m2, accordingly).


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