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 6,735
-11.1%
2021
Usable floor area of non-residential building completions 638.3 thousand m²
-31.2%
2021
Building permits granted for dwellings (new construction) 1,851
-11.4%
1ST QUARTER 2022
Construction volume index, 2015 = 100 168.8
2021 Q4
Construction volume index change compared to same period in previous year, % 9.4
2021 Q4
Usable floor area of non-residential buildings with granted building permits (new construction) 215.2 thousand m²
-33.3%
1ST QUARTER 2022
Total construction production in Estonia and abroad 1,028.4 million euros
25.4%
2021 Q4
Construction volume index (2015 = 100) | 3rd quarter 2009 – 4th quarter 2021
News

Construction volume grew by 9% last year

According to the preliminary data of Statistics Estonia, in 2021, the total construction volume of Estonian construction enterprises in Estonia and abroad increased by 9% year on year. Considering only the Estonian construction market, the rise in construction volume was 10%.
Read more 25. February 2022
News

Construction volume surpassed the pre-pandemic level

According to Statistics Estonia, in the third quarter of 2021, the total production value of Estonian construction enterprises in Estonia and abroad increased by 15% year on year. Considering only the Estonian construction market, the growth in construction volume was 16%.
Read more 25. November 2021