Construction output grew by 4% in 2020

In 2020, Ukrainian companies increased the construction output by 4% against 2019. The volume of manufactured construction products totaled ₴199 billion, according to the State Statistics Service.

In December 2020, Ukrainian companies increased the construction output by 8.2% against December 2019, 1.2% down from November 2020.

According to unadjusted data, the residential construction output in 2020 dropped by 18.5%, while engineering construction output increased by 14.8%. Non-residential construction output slightly decreased, by 2.7%.

The share of new construction in the total construction output was 36.1%, repair 36.9%, reconstruction and technical re-equipment 27%.

In 2020, a growth in the construction output against 2019 was recorded in:

• Volyn oblast — ₴2.5 billion (+2.9%);
• Donetsk oblast — ₴10.1 billion (+35.6%);
• Kyiv oblast — ₴12.6 billion (+16%);
• Lviv oblast — ₴14.1 billion (+22.3%);
• Odesa oblast — ₴27.9 billion (+45.8%);
• Poltava oblast — ₴8.1 billion (+3%);
• Sumy oblast — ₴1.7 billion (+3%);
• Ternopil oblast — ₴2.6 billion (+1.2%);
• Khmelnytskyi oblast — ₴6.5 billion (+58.3%);
• Cherkasy oblast — ₴2.5 billion (+14.9%);
• Chernihiv oblast — ₴2.4 billion (+24.3%).

Other oblasts reported a decline in the construction output. In Kyiv, it fell by 2.2% to ₴42.9 billion.

As GMK Center reported earlier, in 2019, Ukraine’s construction products index increased by 20% against 2018. The highest trends in the segment were recorded in non-residential and engineering construction, an increase of 27.4% and 23.3% respectively. The residential construction index was up by just 3%.