VALUE OF CONSTRUCTION WORKS GROWS

11. Feb 2022
Photo: Pixabay

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.

 

Source: ekapija.com

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