Construction output in Cyprus increased 14.2 percent year-on-year in the fourth quarter of 2018, easing from an upwardly revised 25.8 percent gain in the previous period. Building construction rose 14.2 percent, slowing from a 31.9 percent increase in the third quarter and civil engineering went up 13.9 percent (vs 2.2 percent in Q3). Considering full 2018, construction output advanced 17 percent from a year earlier. Construction Output in Cyprus averaged 0.85 percent from 2001 until 2018, reaching an all time high of 44.90 percent in the first quarter of 2017 and a record low of -27.70 percent in the fourth quarter of 2012.

Construction Output in Cyprus is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Cyprus to stand at 2.60 in 12 months time. In the long-term, the Cyprus Construction Output is projected to trend around 2.70 percent in 2020, according to our econometric models.

Cyprus Construction Output
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-07-16 08:45 AM Construction Output YoY 5.1% 12.1% 5.1%
2018-10-18 09:15 AM Construction Output YoY 13.1% 19.4% 4.8%
2019-01-11 10:00 AM Construction Output YoY 24.3% 13.3% 15.5%
2019-04-05 09:20 AM Construction Output YoY 14.2% 25.8% 14.2%
2019-07-05 09:00 AM Construction Output YoY 14.2% 2.9%
2019-10-07 09:00 AM Construction Output YoY 2.7%


Cyprus Housing Last Previous Highest Lowest Unit
Housing Index 106.95 103.30 130.42 93.41 Index Points [+]
Construction Output 14.20 25.80 44.90 -27.70 percent [+]
Building Permits 525.00 544.00 999.00 298.00 [+]
Home Ownership Rate 70.70 72.50 74.10 70.70 percent [+]


Cyprus Construction Output

In Cyprus, construction output refers to the year over year change in the value of construction work done. This page provides - Cyprus Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Construction Output - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
14.20 25.80 44.90 -27.70 2001 - 2018 percent Quarterly
2010=100, NSA




Country Last Previous
Argentina -12.30 Mar/19
Australia -3.10 Dec/18
Euro Area 6.30 Mar/19
France 6.20 Mar/19
Germany 10.30 Mar/19
India 4.70 Mar/19
Italy 7.80 Feb/19
Mexico -2.87 Mar/19
Netherlands 9.90 Mar/19
Russia 0.20 Mar/19
South Korea -2.90 Mar/19
Spain -5.80 Mar/19
Switzerland -2.50 Dec/18
United Kingdom 3.20 Mar/19


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