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Serbia's building permits rise 0.6% y/y in Feb

Apr 15, 2024, 1:37:34 PMArticle by Djordje Jajcanin
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April 15 (SeeNews) - The number of building permits issued in Serbia in February increased by 0.6% year-on-year, reaching 1,797, the statistical office said on Monday.

Serbia's building permits rise 0.6% y/y in Feb
Photo: Fons Heijnsbroek, CC0, via Wikimedia Commons

The total estimated value of the planned projects covered by the issued permits decreased by 21% year-on-year in February, the statistical office said in a statement.

In January, the number of permits increased by 3% year-on-year, to 1,615, while the estimated value of the projects increased by 19.1%.

In 2023, the number of building permits issued in Serbia rose by 6.4%.

Following are percentage changes in the number of issued permits for construction projects and their value:

Feb '24 Jan '24
Total permits 0.6 3.0
Total estimated value -21.0 -19.1
Buildings - permits 5.1 10.7
Buildings - estimated value -29.3 -37.7
Others - permits -14.4 -22.4
Others - estimated value 4.4 65.2

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