Construction output in Slovakia shrank 10.1% year-on-year in April 2023, reversing from a 9.2% growth in the previous month. It was the largest decline in construction activity since February 2021, mainly dragged down by domestic construction (-11.3% vs 9.9% in March), as output dropped the most in engineering works (-10.7% vs 20.5%) and buildings (-9.1% vs 6.6%). Meanwhile, construction abroad showed no growth at 2.2%. On a seasonally adjusted monthly basis, construction activity fell by 10.4%. source: Statistical Office of the Slovak Republic

Construction Output in Slovakia averaged -0.64 percent from 1993 until 2023, 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 June of 2023.

Construction Output in Slovakia is expected to be 3.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovakia Construction Output is projected to trend around 0.20 percent in 2024 and 0.40 percent in 2025, according to our econometric models.

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Slovakia Construction Output



Calendar GMT Actual Previous Consensus TEForecast
2023-04-12 07:00 AM Feb 9.2% 15.4% 6.2%
2023-05-11 07:00 AM Mar -10.1% 9.2% 0.1%
2023-06-09 07:00 AM Apr -10.1% 0.9%


Related Last Previous Unit Reference
Construction Output -10.10 9.20 percent Mar 2023

Slovakia Construction Output
The production index in construction measures the evolution of output within the construction sector, including building construction and civil engineering.
Actual Previous Highest Lowest Dates Unit Frequency
-10.10 9.20 28.90 -41.30 1993 - 2023 percent Monthly
WDA

News Stream
Slovak Construction Output Shrinks the Most in Over 2 Years
Construction output in Slovakia shrank 10.1% year-on-year in April 2023, reversing from a 9.2% growth in the previous month. It was the largest decline in construction activity since February 2021, mainly dragged down by domestic construction (-11.3% vs 9.9% in March), as output dropped the most in engineering works (-10.7% vs 20.5%) and buildings (-9.1% vs 6.6%). Meanwhile, construction abroad showed no growth at 2.2%. On a seasonally adjusted monthly basis, construction activity fell by 10.4%.
2023-05-11
Slovakia Construction Output Growth Eases from 5-Year High
Construction output in Slovakia increased 9.2% year-on-year in February 2023, easing sharply from a 5-year high of 15.4% in the previous month. Domestic output slowed (10% vs 19.9% in January), mainly influenced by new construction (13.9%) and repairs and maintenance (3.4%). Meanwhile, construction abroad recovered (2.2% vs -15.5%). On a seasonally adjusted monthly basis, construction output grew by 0.8% in February, easing from 3.2% growth in the previous month.
2023-04-12
Slovakia Construction Output Growth at 5-Year High
Construction output in Slovakia expanded 15.4 percent year-on-year in January 2023, accelerating sharply from a 4 percent growth in the previous month. This was marked as the highest reading since January 2018, mainly influenced by the increase in domestic works (19.9 percent vs 4 percent in December 2022), boosted by engineering construction (49.3 percent) and new construction (26.4 percent). Meanwhile, construction abroad tumbled sharply (-15.5 percent vs 4 percent). On a seasonally adjusted monthly basis, construction output grew by 3.2 percent.
2023-03-13