Construction output in Slovakia increased 4.20 percent in August of 2021 over the same month in the previous year. source: Statistical Office of the Slovak Republic

Construction Output in Slovakia averaged -0.69 percent from 1993 until 2021, 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 2021.

Construction Output in Slovakia is expected to be 1.90 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 1.90 percent in 2022 and 2.20 percent in 2023, according to our econometric models.

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Slovakia Construction Output

Calendar GMT Actual Previous Consensus TEForecast
2021-07-09 07:00 AM May 4.4% 8.4% 12.5%
2021-08-10 07:00 AM Jun 3% 4.4% 8.5%
2021-09-10 07:00 AM Jul -3.9% 3% 2.1%
2021-10-11 07:00 AM Aug 4.2% -3.9% -1%
2021-11-10 08:00 AM Sep 4.2%
2021-12-10 08:00 AM Oct

News Stream
Slovak Construction Output Rebounds in August
Slovakia's construction output rose 4.2 percent year-on-year in August of 2021, reversing a 3.9 percent decline in the prior month, pointing to the strongest expansion in construction activity since April. Production abroad continued to rise strongly (92.4 percent vs 51.2 percent in July), while domestic construction fell much softer (-1.6 percent vs -7.4 percent). On a seasonally adjusted monthly basis, construction output increased by 1.9 percent.
Slovak Construction Output Contracts in July
Slovakia's construction output fell 3.9 percent year-on-year in July of 2021, following a 3.0 percent gain in the previous month, pointing to the first contraction in the construction sector since March. Downward pressure came exclusively from domestic construction (-7.4 percent vs 0.5 percent), notably in engineering construction (-14.2 percent vs -6.0 percent), followed by new construction and reconstruction works (-9.9 percent vs -4.3 percent), buildings (-4.2 percent vs 4.4 percent), and repair works (-3.6 percent vs 7.7 percent). In contrast, construction activity abroad expanded significantly faster (51.2 percent vs 35.4 percent). On a seasonally adjusted monthly basis, construction output shrank 1.1 percent.
Slovakia Construction Output Rises at Slower Pace
Slovakia's construction output growth eased to 3.0 percent year-on-year in June 2021, from a 4.4 percent in the previous month, as construction production abroad rose at a slower pace (35.4 percent vs 62.6 percent) while domestic construction activity rebounded (0.5 percent vs -0.3 percent). Within the domestic segment, building activity growth softened to 4.4 percent (vs 5.2 percent in May) while civil engineering works contracted 6 percent (vs -10.5 percent in May).
Slovakia Construction Sector Growth Slows
Slovakia's construction output advanced 4.4 percent year-on-year in May of 2021, following an 8.4 percent jump in the previous month and was 8 percent below levels seen in May of 2019. Construction abroad surged 62.2 percent (vs 62.0 percent in April), while domestic construction output shrank 0.3 percent, mostly weighed down by engineering construction (-10.5 percent vs 6.7 percent) and new construction works (-5.9 percent vs 3.2 percent), while gains in repairs & maintenance (19.5 percent vs 5.6 percent) and in construction of buildings (5.2 percent vs 3.8 percent) limited overall domestic losses. On a seasonally adjusted monthly basis, construction activity shrank by 1.7 percent.

Slovakia Last Unit Reference Previous Highest Lowest
Construction Output 4.20 percent Aug/21 -3.90 28.90 -41.30

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