Serbia: Building permits, decrease of 36.7% in April 2020

In April 2020, 1.016 building permits were issued, presenting the decrease of 36.7% related to April 2019.

When observing the period from the beginning of the year, the total number of issued permits increased by 4.1% in the first four months of 2020.

Out of the total number of permits issued in April 2020, 69.1% related to buildings and 30.9% to civil engineering. When referring only to buildings, 62.5% related to residential buildings and 37.5% to non–residential ones, while regarding civil engineering, the largest number related to pipelines, communication and electric power lines (72.0%).

According to the permits issued in April 2020 in the Republic of Serbia, building of 1 849 dwellings with average area of 70.9 m2 was recorded.

Out of the total number of dwellings in new residential buildings, 7.2% of dwellings will be built in single-dwelling buildings, with average area of 173.4 m², and 91.5% of dwellings will be in buildings with three and more dwellings, with significantly smaller average area of 60.9 m².

Anticipated value of works in April 2020 amounted to 68.5% of totally anticipated value of works.

Observed by areas, the greatest construction activity is expected in Beogradska oblast (26.2%) of totally anticipated value of works, followed by Raška oblast (12,8%), Južnobačka oblast (12.6%), Južnobanatska oblast (7,4%), Sremska oblast (6.6%) and Severnobačka oblast (6.0%), while the shares of other areas range from 0.1 to 5.0%.