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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) 2,521
-24.5%
3RD QUARTER 2021
Construction volume index, 2015 = 100 194.5
3RD QUARTER 2021
Construction volume index, same period of previous year = 100 116.2
29.1%
3RD QUARTER 2021
Usable floor area of non-residential buildings with granted building permits (new construction) 305.8 thousand m²
28.9%
3RD QUARTER 2021
Total construction production in Estonia and abroad 1,047.1 million euros
28.2%
3RD QUARTER 2021
Construction volume index (2015 = 100) | 2nd quarter 2009 – 3rd quarter 2021
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
News

In the first quarter, construction volume fell by 7%

According to Statistics Estonia, in the first quarter of 2021, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 7% year on year. Considering only the Estonian construction market, the decrease in construction volume was 6%.
Read more 26. May 2021