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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
Higher cost of building materials keeps the construction price index rising
Kuupäev 21.07.2022
Article
According to Statistics Estonia, in the second quarter of 2022, the construction price index increased by 4.9% compared with the first quarter of 2022 and by 18.8% compared with the second quarter of 2021.
In the third quarter, the construction of new buildings decreased
Kuupäev 25.11.2020
Article
According to Statistics Estonia, in the third quarter of 2020, the total production of Estonian construction enterprises in Estonia and abroad decreased by 12% year on year. Considering only the Estonian construction market, the decrease in construction volume was 10%.
Construction volume up by 5% in the first quarter
Kuupäev 27.05.2025
Article
In the first quarter, the total production value of Estonian construction enterprises was €752 million, including €546 million worth of building construction and €206 million worth of civil engineering. Compared with the first quarter of last year, the volume of building construction was up by 10%, whereas the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) was down by 6%. Merike Sinisaar, leading analyst at Statistics Estonia, said that the domestic construction market was mainly affected by the increased