Value of construction works performed on the territory of Serbia decreased in Q4 2020

11 February 2021

The value of construction works performed on the territory of Serbia fell in the Q4 2020 by 10.4 percent in current prices, while in constant prices the decline is 8.9 percent compared to the same period last year, the Republic Bureau of Statistics announced.

Of the total value of construction works on the territory of Serbia, 96.0 percent were performed, while the remaining 4.0 percent was performed on construction sites abroad.

Observed by regions, in the fourth quarter of 2020, the value of performed works at constant prices increased in the Belgrade region (4.4 percent) and in the region of Šumadija and Western Serbia (3.0 percent).

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