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10.02.2020. -
Construction activity, IV Quarter 2019


According to the data collected in the fourth quarter of 2019, value of construction works done on the territory of the Republic of Serbia increased by 54.1% at current prices, while, at constant prices, the increase amounted to 56.3% relative to the fourth quarter of 2018.

Observed by regions in the Republic of Serbia, the value of construction works done in the fourth quarter 2019 at constant prices, compared with the same quarter 2018, noted the most significant increase in Region Vojvodine (63.8%), then in Region Južne i Istočne Srbije (57.1%), Beogradski region (53.4%) and in Region Šumadije i Zapadne Srbije (49.4%).

Of the total value of works done in the fourth quarter 2019, 98.8% were performed on the territory of the Republic of Serbia, while 1.2% was performed on building sites abroad.

Total value of works done by the contractors from the Republic of Serbia in the fourth quarter 2019, regarding works performed on the territory of the Republic of Serbia and abroad, increased by 53.8% relative to the fourth quarter 2018, at current prices, while at constant prices, the increase amounted to 56.0%.