Slovakia's construction output plummeted 23.8 percent over a year earlier in February of 2021, following a 19.8 percent slump in the previous month. It was the sharpest decline in construction activity since February of 2017, amid the ongoing Covid-19 crisis. On a seasonally adjusted monthly basis, construction output fell 5.9 percent. In the first two months of the year, construction output shrank 21.9 percent over a year earlier. source: Statistical Office of the Slovak Republic
Construction Output in Slovakia averaged -0.77 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 May of 2021.
Construction Output in Slovakia is expected to be 1.10 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 1.90 in 12 months time. 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.