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10.11.2020. -
Construction activity , III Quarter 2020


According to the data collected in the third quarter of 2020, value of construction works done on the territory of the Republic of Serbia decreased by 18.9% at current prices, while, at constant prices, the decrease amounted to 17.2% relative to the third quarter of 2019.

Observed by regions in the Republic of Serbia, the value of construction works done in the third quarter 2020 noted the increase in Beogradski region (2.8%), while value of works decreased in Region Šumadije i Zapadne Srbije  (6.3%), in Region Vojvodine (22.1%), and in Region Južne i Istočne Srbije (47.1%), relative to the same quarter 2019.

Of the total value of works done in the third quarter 2020, 95.8% were performed on the territory of the Republic of Serbia, while the rest of 4.2% was performed on building sites abroad. 

Total value of works done by the contractors from the Republic of Serbia regarding works performed on the territory of the Republic of Serbia and abroad decreased by 17.6% relative to the third quarter 2019, at current prices, while at constant prices, the decrease amounted to 15.8%.

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