Slovakia's construction slumped 19.2 percent from a year earlier in August of 2020, following a 13.3 percent decline in the prior month. It was the sixth consecutive month of downturn in construction activity and the sharpest since October of 2016, as the sector continues to be affected by the ongoing pandemic crisis. Year-to-date, construction activity plunged 10 percent over a year ago. source: Statistical Office of the Slovak Republic

Construction Output in Slovakia averaged -0.50 percent from 1993 until 2020, reaching an all time high of 28.90 percent in October of 2015 and a record low of -41.30 percent in December of 1993. This page provides - Slovakia Construction Output - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Construction Output in Slovakia is expected to be -0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Slovakia to stand at 2.80 in 12 months time. In the long-term, the Slovakia Construction Output is projected to trend around 1.90 percent in 2021 and 2.20 percent in 2022, according to our econometric models.

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Slovakia Construction Output

Actual Previous Highest Lowest Dates Unit Frequency
-19.20 -13.30 28.90 -41.30 1993 - 2020 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-10 07:00 AM May -12.4% -13.7% -9.2%
2020-08-10 07:00 AM Jun -17.3% -12.4% -2.8%
2020-09-10 07:00 AM Jul -13.3% -17.3%
2020-10-09 07:00 AM Aug -19.2% -13.3%
2020-11-11 08:00 AM Sep -19.2% -2%
2020-12-10 08:00 AM Oct


News Stream
Slovak Construction Output Falls the Most in 4 Years
Slovakia's construction slumped 19.2 percent from a year earlier in August of 2020, following a 13.3 percent decline in the prior month. It was the sixth consecutive month of downturn in construction activity and the sharpest since October of 2016, as the sector continues to be affected by the ongoing pandemic crisis. Year-to-date, construction activity plunged 10 percent over a year ago.
2020-10-09
Slovak Construction Sector Downturn Deepens in June
Slovakia's construction slipped 17.3 percent from a year earlier in June of 2020, following a 12.4 percent fall in May. It was the fourth consecutive month of downturn in construction activity and at the steepest pace since January of 2017, as building activity plunged further (-23.4 percent vs -14.2 percent in May). Meanwhile, civil engineering works fell less (-9 percent vs -12.6 percent). On a seasonally adjusted monthly basis, construction output shrank 4.9 percent. In the first six months of the year, construction output fell 7.4 percent over a year ago.
2020-08-10
Slovak Construction Output Falls Softer in May
Slovakia's construction output declined 12.4 percent from a year earlier in May of 2020, following a 13.7 percent slump in April, as civil engineering works fell less (-12.6 percent vs -21.4 percent). Meanwhile, building activity continued to plunge (-14.2 percent vs -10.8 percent). On a seasonally adjusted monthly basis, construction output rose 2 percent. Year-to-date, construction activity shrank 4.7 percent over a year ago.
2020-07-10
Slovak Construction Output Falls Most in Over 3 Years
Slovakia's construction output tumbled 13.7 percent from a year earlier in April 2020, following a 3.1 percent decline in the previous month. It was the steepest month of contraction in construction output since January 2017 as building activity slumped 10.8 percent (vs -6.8 percent in March) and civil engineering works plummeted 21.4 percent (vs 0.1 percent in March).
2020-06-10

Slovakia Construction Output
The production index in construction measures the evolution of output within the construction sector, including building construction and civil engineering.