Construction output in Greece surged 31.3 percent year-on-year in the fourth quarter of 2022, accelerating from a downwardly revised 20.6 percent rise in the previous period. It was the highest growth in construction activity since the third quarter of 2016, as output advanced further for both building construction (24.4 percent vs 7.4 percent in Q3) and civil engineering (35.9 percent vs 30.3 percent). Considering 2022, construction output rose 24.3 percent, following a 6.9 percent growth in 2021. source: National Statistical Service of Greece

Construction Output in Greece averaged -4.56 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 March of 2023.

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Greece Construction Output



Calendar GMT Actual Previous Consensus TEForecast
2022-12-14 10:00 AM Q3 20.7% 25.8% 17.5%
2023-03-15 10:00 AM Q4 31.3% 20.6% 4.4%
2023-06-15 09:00 AM Q1 31.3%


Related Last Previous Unit Reference
Construction Output 31.30 20.60 percent Dec 2022
Building Permits 2518.00 2295.00 Units Nov 2022

Greece Construction Output
In Greece, the Production Index in Construction (IPC) is an important business cycle indicator, which shows the quarterly activity in the production of building construction and the production of civil engineering sectors.
Actual Previous Highest Lowest Dates Unit Frequency
31.30 20.60 52.10 -51.40 2001 - 2022 percent Quarterly
WDA

News Stream
Greek Construction Output Growth Strongest since 2016
Construction output in Greece surged 31.3 percent year-on-year in the fourth quarter of 2022, accelerating from a downwardly revised 20.6 percent rise in the previous period. It was the highest growth in construction activity since the third quarter of 2016, as output advanced further for both building construction (24.4 percent vs 7.4 percent in Q3) and civil engineering (35.9 percent vs 30.3 percent). Considering 2022, construction output rose 24.3 percent, following a 6.9 percent growth in 2021.
2023-03-15
Greek Construction Output Eases to 20.7% in Q3
Construction output in Greece rose 20.7 percent from a year earlier in the third quarter of 2022, easing from a downwardly revised 5-year high of 25.8 percent growth in the second quarter. Activity advanced at slower rates for both building construction (7.6 percent vs 15.5 percent in Q2) and civil engineering (30.5 percent vs 34 percent). On a quarterly basis, construction output was 0.4% higher compared to Q2 of 2022.
2022-12-14
Greek Construction Output Growth Strongest since 2016
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.
2022-09-14