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Construction production in March 2024
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Construction production in March 2024

Last update: 10.05.2024
Ilustratívny obrázok/Illustrative image
Publisher: Statistical Office of the SR
Topic: Sectoral statistics
Domain: Construction
Publish Date: 10.05.2024

In March, the construction industry also lagged behind last year, the construction of buildings and civil engineering works slowed down

Construction production in March 2024 have fallen even further behind, decreasing by 9.4%. This was mainly due to the domestic new construction, which was lower by a tenth. In terms of the production focus, the construction of buildings slowed down and work on engineering constructions also dropped by double digits. Construction work abroad did not prospered either.

Construction production1) in March reached EUR 484.3 million and compared to last March, it decreased by 9.4%2). Construction recorded its decline for the fourth consecutive month. After seasonal adjustment, construction production dropped by 7.5% month-on-month.

The Statistical Office of the SR would like to inform that starting from the data for January 2024, the data for the construction were recalculated in the entire time series due to methodological adjustments - Change of the base period and the classification according to activity units (PDF - 154 kB). The change also affected indicators of other sectoral statistics.

The lagging of domestic production was influenced by year-on-year decreases in construction work in the dominant field of the industry – in new construction3) by 10.2% and also in repairs and maintenance by 4.9%. Domestic construction production represented less than 90% of the total output of the construction industry.

Illustration image - Graph

Download high resolution chart format PDF (130 kB) or PNG (150 kB).


In terms of the production focus, the construction of buildings decreased by 8.1%. Civil engineering works, which also includes highway construction, dropped by 15.5%, which was the most since January 2022.

The overall result of construction production was not improved even by the works abroad, they resulted in a double-digit minus, by 16.5%. Their share in the total production only slightly exceeded 10%.

In total, for the first three months of 2024, construction production amounted to EUR 1.3 billion and decreased by 6.6% year-on-year. All its components reached negative values. The dominant domestic new construction decreased by 7.8%, repairs and maintenance by 0.4% and other works by up to 11.6%.

In terms of the production focus, construction of buildings showed a decrease by 5.5% and civil engineering works decreased by 10%.

In total for the first three months, the volume of construction work abroad was lower by 11.7% year-on-year.

  • 1) construction output includes the volume of work realized by own employees, including estimation of output for self-employed persons and construction establishments of non-construction enterprises, absolute data are at current prices
  • 2) the indices are at constant prices (average of 2021) and are preliminary
  • 3) new construction - construction including renewals and enhancements

Data source: DATAcube. database

Outputs on the topic of construction production:

Together with the publication of the data for January 2024, the entire time series were recalculated in connection with the adopted modifications of the methodology – Change of the base period and the classification according to activity units. (PDF - 154 kB)

Monthly data on construction production are released monthly within 40 days after the end of the reference period, absolute data as well as indices re preliminary and they are adjusted quarterly, in the month after the end of the quarter. More in the Methodology.

Extended monthly data in a more detailed structure on the subject of construction production are available in section 4. Industry statistics/4.3.1 Construction production and sales.

Year-round data on the development of the construction industry are in the DATAcube database. in chapter 4.3-Construction and also in the publication Yearbook of Construction in SR 2023, which can be found in the Catalogue of publications.

The Statistical Office of the SR releases the chart „Structure of the construction production in 2023", which illustratively presents the structure of the sectoral production (Section F SK NACE). The chart is compiled from preliminary data for 12 months of 2023.

Illustration image - Graph

Download high resolution chart format PDF (70 kB) or PNG (104 kB).

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  • Statistical Office of the SR
  • Lamačská cesta 3/C
  • 840 05 Bratislava 45
  • Slovak Republic
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  • +421 2 50 236 335
  • e-mail: info@statistics.sk

While publishing of the whole information report or its parts, please state the source of information, the Statistical Office of the Slovak Republic. The Statistical Office of the SR creates high-quality statistics useful for society according to 16 principles regarding the institutional environment, statistical processes and outputs in line with the Code of Practice for European Statistics.


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