Value of Construction Works Grows, Biggest Increase in Sumadija and West Serbia

According to the data collected in the fourth quarter of 2021, value of construction works done on the territory of the Republic of Serbia increased by 27.1% at current prices, while, at constant prices, the increase amounted to 10.4% relative to the fourth quarter of 2020, announced the Statistical Office of the Republic of Serbia.

Observed by types of constructions, value of performed works on buildings increased by 9%, and on civil engineering by 11.2%, at constant prices.

In the fourth quarter 2021, the value of construction works done, at constant price, noted the greatest increase in the Šumadija and West Serbia Region, by 42.5%, followed by the Vojvodina Region, by 8.3%, Belgrade Region, by 3.2%, while in South and East Serbia Region, it decreased by 9.6%, relative to the same quarter 2020.

Of the total value of works done, on the territory of the Republic of Serbia 98.8% were performed, while the rest of 1.2% was performed on building sites abroad.

Republički zavod za statistiku Beograd

Statistical Office of the Republic of Serbia

value of construction works