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Construction activity

Indicators that provide monitoring the level of construction activity involve value of performed works in country and abroad, completed buildings and civil engineering, consumed construction and fuel material on construction sites. Annual value of construction works is presented at current prices in thousand RSD, while, on quarterly level, value is expressed in base indices. Works performed on constructions have been shown according to the territory where constructions are located. Presented results are shown according to Classification of types of construction. 

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09. February 2024. Construction activity , IV Quarter 2023

According to the data collected in the fourth quarter of 2023, value of construction works done on the territory of the Republic of Serbia increased by 13.9% at current prices, relative to the fourth quarter 2022. Observed at constant prices, total value of construction works increased by 11.1%.

Observed by types of construction, total value of construction works done in this quarter, relative to the same quarter last year, increased on civil engineering by 20.3%, while it decreased on buildings by 4.0%, at constant prices.

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Key figures
Value of construction works down, thous. RSD
614 711 035
Value of construction works down on the buildings, thous. RSD
271 146 488
Total area of completed buildings, m2
5 731 810