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.