Construction output in Greece surged by 28.9 percent from a year earlier in the second quarter of 2022, accelerating from an upwardly revised 14.8 percent rise in the previous period. It was the sharpest increase in construction activity since the third quarter of 2016, driven by both civil engineering works (34.3 percent vs 11.6 percent in Q1) and building activity (22.1 percent vs 19.8 percent). On a quarterly basis, construction output was 47.9% higher compared to Q1 of 2022. source: National Statistical Service of Greece
Construction Output in Greece averaged -5.30 percent from 2001 until 2022, reaching an all time high of 52.10 percent in the third quarter of 2016 and a record low of -51.40 percent in the second quarter of 2005. This page provides - Greece Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news. Greece Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.
Construction Output in Greece is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Construction Output is projected to trend around 3.00 percent in 2023, according to our econometric models.