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Construction

Today, houses, offices and other buildings are constructed faster than ever before. As a result of the development of the construction sector, buildings, bridges, stadiums and roads can be built in shorter time and with less resources. Construction covers building construction and civil engineering works, reconstruction, expansion and demolition.

Construction enterprises are primarily active in the domestic construction market. Thus, general economic development in the country has an impact on the construction sector. When the economy is growing fast, construction volumes are large; when economic growth slows down, construction works decrease, as customers place less orders.

Statistics Estonia publishes the following data for construction:

  • construction volumes of buildings and civil engineering works and change in the volumes;
  • construction value in Estonia by type of construction and location;
  • granted building permits and completed buildings.

In order to assess the situation of construction enterprises, we collect the following data from them:

  • turnover;
  • costs;
  • profits;
  • assets;
  • liabilities;
  • equity capital;
  • investments.
Dwelling completions 7,579
8.1%
2020
Usable floor area of non-residential building completions 927.2 thousand m²
36.4%
2020
Building permits granted for dwellings (new construction) 1,605
-23.4%
4TH QUARTER 2020
Construction volume index, 2015 = 100 156.3
4TH QUARTER 2020
Construction volume index, same period of previous year = 100 96.0
-10.0%
4TH QUARTER 2020
Usable floor area of non-residential buildings with granted building permits (new construction) 362.8 thousand m²
58.2%
4TH QUARTER 2020
Total construction production in Estonia and abroad 819.9 million euros
-6.5%
4TH QUARTER 2020
Construction volume index (2015 = 100) | III quarter 2008 - 4th quarter 2020
News

Construction volumes fell, but demand for new dwellings remains high

According to the preliminary data of Statistics Estonia, in 2020, the total production value of Estonian construction enterprises in Estonia and abroad was 3 billion euros. The construction volume decreased by 6% year on year. Considering only the Estonian construction market, the decrease in construction volume was 3%.
Read more 26. February 2021
News

In the second quarter, construction volume decreased by 8%

According to Statistics Estonia, in the second quarter of 2020, the total production of Estonian construction enterprises in Estonia and abroad decreased by 8% year on year. Considering only the Estonian construction market, the construction volume decreased by 5%.
Read more 26. August 2020