18−20 May 2021

IEC, 15, Brovarsky Prospect
Kyiv, Ukraine


21 May 2013

Ukraine witnesses decline in construction output

In March 2013, the volume of construction work in Ukraine fell by 28.5% year on year, according to the country’s State Statistics Service (Ukrstat). In month-on-month terms, the growth rate in March 2013 was 10.7% in comparison with February 2013. In general, the monetary value of construction work in Ukraine between January and March 2013 came to UAH 9.435bn (€890.3m), 16.8% less than that of the corresponding period of 2012.

A reduction in construction work volume in March 2013 was observed in the construction of facilities of all kinds. There was a 14% yearly reduction in residential construction work (2.8% for three months) and a 30.8% reduction in non-residential (the figure for three months was 21.5%).

Meanwhile, new construction, reconstruction and modernisation accounted for 84.3% of the total volume of construction work in Q1 2013, and overhaul and repair for 7.9% and 7.8% respectively.

Overall, a reduction in construction output between January and March 2013 was recorded in 18 provinces and Kiyv, whereas in Kiyv there was a 34% reduction in comparison with January-March 2012. The most substantial reduction was observed in the Rivne Province (69.4%). Conversely, the most substantial increase, 140%, in Q1 2013 was seen in the Autonomous Republic of Crimea.