In 2018, construction output in Latvia grew by an astonishing 21.9 %, according to the latest data compiled by the Central Statistical Bureau (CSB), eng.lsm.lv reports.

Compared to 2017, in 2018 construction output1 increased by 21.9 % (according to calendar adjusted data at constant prices) with a rise observed in all sectors – construction of buildings (of 25.6 %), civil engineering (11.6 %), and specialised construction activities (27.8 %).

The most significant output increase (2.1 times) was registered in specialised construction activities related to building completion and finishing (plastering, floor and wall covering, painting and glazing, etc.) as well as demolition and site preparation (of 75.6 %).

13.02.2019