Serbia: 12.8% increase in issued building permits in Q1 2020

In March 2020, 1.694 building permits were issued, presenting the increase of 12.8% related to March 2019, latest Statistical Office of the Republic of Serbia data show.

By types of constructions, in March 2020, 76.4% of building permits related to buildings and 23.6% to civil engineering.

When referring only to buildings, 63.8% related to residential buildings and 36.2% to non–residential ones, while regarding civil engineering, the largest number related to pipelines, communication and electric power lines (64.8%).  

According to the permits issued in March 2020 in the Republic of Serbia, building of 2.953 dwellings with average area of 69.4 m2 was recorded. Out of the total number of dwellings in new residential buildings, 6.6% of dwellings will be built in single-dwelling buildings, with average area of 146.5 m², and 92.2% of dwellings will be in buildings with three and more dwellings, with significantly smaller average area of 62.5 m².

Observed by areas, the greatest construction activity is expected in Beogradska oblast (31.7%) of totally anticipated value of works, followed by Južnobacka oblast (16.5%), Sremska oblast (12.1%), Sumadijska oblast (8.6%), Nisavska oblast (6.9%) and Zlatiborska oblast (6.2%), while the shares of other areas are up to 3.1%.

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