Construction output in Cyprus rose by 9.2% year-on-year in the fourth quarter of 2023, a level not seen since the second quarter of 2021, following an upwardly revised 8.1% gain in the previous quarter. This was the fourth consecutive quarterly growth, driven by a significant increase in civil engineering projects (14.6% vs 0% in Q3). Meanwhile, building activities rose at a slower pace (8.5% vs 9.6%). source: Statistical Service of the Republic of Cyprus
Construction output in Cyprus increased 9.20 percent in December of 2023 over the same month in the previous year. Construction Output in Cyprus averaged 1.35 percent from 2001 until 2024, reaching an all time high of 44.90 percent in the first quarter of 2017 and a record low of -27.70 percent in the fourth quarter of 2012. This page provides - Cyprus Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.