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Cubic volume of granted building permits in November 2022 to January 2023 decreased year-on-year

release | Building and dwelling production 2023, January

According to Statistics Finland, building permits for newbuilding were granted for a total of 7.0 million cubic metres between November 2022 and January 2023, which was 14 per cent less than one year ago. At the same time, building projects totalling 6.5 million cubic metres were started. The cubic volume of building projects started decreased by 30 per cent from one year ago.

Line chart. In 2001, building permits and project starts amounted to some 45 million m3. The volumes were at their highest in 2007 to 2008, good 57 million m3. Especially projects started fell sharply by 2010. The average moving annual total of building permits and starts in January 2023 was 37 million m3.

Key selections

  • Cubic volume of building permits granted for newbuilding decreased in November 2022 to January 2023 by 35 per cent year-on-year.
  • In November 2022 to January 2023, building permits were granted for a total of 6,478 dwellings, which was 33 per cent lower than one year earlier.
  • During November 2022 to January 2023, one per cent more building projects were completed than a year earlier.
  • In November 2022 to January 2023, the constant-price value or the volume of ongoing building production decreased by nine per cent year-on-year.

Figures

See key statistical data in the figures.
21.03.2023

Volume index of newbuilding 2015=100, trend, 2001M01-2023M01

Database tables

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Updated database tables
12fy
Classifications used:
  • Building type
  • Region
  • Construction stage
Period:
month
Statistics:
Updated:
12fz
Classifications used:
  • Building type
Period:
month
Statistics:
Updated:
13m4
Classifications used:
    Period:
    month
    Statistics:
    Updated:
    13m5
    Classifications used:
      Period:
      month
      Statistics:
      Updated:

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