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 7 014
8.4%
2019
Usable floor area of non-residential building completions 679.8 thousand m²
-36.5%
2019
Granted building permits and completed dwellings (new construction) 1 869
2.0%
2ND QUARTER 2020
Construction volume index, 2015 = 100 142.7
2ND QUARTER 2020
Construction volume index, same period of previous year = 100 95.1
-3.9%
2ND QUARTER 2020
Granted building permits and completed non-residential buildings, usable floor area (new construction) 282.5 thousand m²
25.4%
2ND QUARTER 2020
Construction production 742.7 million euros
-7.9%
2ND QUARTER 2020
Construction volume index (2015 = 100) | I quarter 2008 - II Quarter 2020
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
News

Continued demand for new housing development

According to the preliminary data of Statistics Estonia, in 2019, the total production of Estonian construction enterprises in Estonia and in foreign countries amounted to 3.2 billion euros, which is 3% more than in 2018. Taking into account only Estonian construction market, construction volume stayed at the level of the previous year.
Read more 26. February 2020