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Wednesday 08.04.2020 | Name days: Dana, Dans, Danute, Edgars
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Estonia’s construction growth ends, civil engineering sees 5% decrease

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Estonia, construction, civil engineering, building

Estonian construction volume has started decreasing in quarter three after three and a half years of growth, the country’s official statistics show.

Statistics Estonia wrote in a press release on Tuesday, November 26, that in the 3rd quarter of 2019, the total production of Estonian construction enterprises in Estonia and abroad decreased by 1% year on year. Similarly to the first half of the year, construction volume increased in foreign countries but decreased in Estonia.

The production value of Estonian construction enterprises amounted to 930 million euros, of which building construction accounted for 599 million euros and civil engineering for 331 million euros.

Year on year, the volume of building construction increased by 1% and the volume of civil engineering decreased by 5%, statisticians estimated.

The construction volume of Estonian construction enterprises in foreign countries increased by more than a fourth compared to the 3rd quarter of 2018, mainly on account of building construction. Construction in foreign countries accounted for 8% of the total construction volume; the share a year ago was 6%, official statistics showed.

According to Statistics Estonia, domestic construction volumes decreased by 3% year on year. This was due to smaller volume of repair and reconstruction work in building construction as well as decrease in civil engineering projects.


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