Construction volume took a downturn in the second quarter

Posted on 26 August 2022, 8:00

According to Statistics Estonia, in the second quarter of 2022, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 1.4% year on year at constant prices. Considering only the Estonian construction market, the construction volume fell by 1.8%.

The production value of Estonian construction enterprises totalled 1,079 million euros. Building construction accounted for 697 million euros and civil engineering for 382 million euros. Compared to the second quarter of 2021, the volume of building construction decreased by 8% and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) increased by 14%.

Merike Sinisaar, leading analyst at Statistics Estonia, said that the construction market is still affected by the rapid rise in construction costs. “The domestic construction market was primarily influenced by the decreased volume of building construction. There was a fall in both new building construction and building repair and reconstruction works. The increased volume of civil engineering was primarily due to repair and reconstruction works, but there was also a small growth in new civil engineering production,” added Sinisaar.

The construction volume of Estonian construction enterprises in foreign countries increased by 7% compared to the second quarter of 2021. There was a rise in both building construction and civil engineering works carried out abroad. Construction in foreign countries accounted for 5% of the total construction volume – this share was 4% the year before.

In the first six months of 2022, the construction volume increased by 5% year on year. The buoyant first quarter ensured a positive overall result for building construction (up by 3%). The volume of civil engineering increased by a tenth year on year.

Construction volume index and its trend, 1st quarter 2003 – 2nd quarter 2022 (2015 = 100)
Change in construction volume index compared to corresponding period of previous year

Statistics Estonia collects and analyses data to produce the quarterly economic indicators of enterprises. The statistical activity is commissioned by the Ministry of Economic Affairs and Communications in order to understand how the Estonian economy is doing.

See also the construction section on our website. More detailed data have been published in the statistical database.

Data on granted building permits and completed dwellings, non-residential buildings and civil engineering works are not published on 26 August. We will announce the new release date for these data as soon as possible.


For further information:

Helen Maria Raadik
Media Relations Manager
Marketing and Dissemination Department
Statistics Estonia
Tel +372 625 9191


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