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Housing and construction

Value of renovation building increased by 3.1 per cent in the last quarter of 2022

release | Trend indicator of renovation building 2022, 4th quarter

Change

The trend indicator of renovation building is a new set of statistics that is published for the first time on 9 March 2023. The statistics are published quarterly and the base year is 2021=100.
Read more about the change

According to Statistics Finland, the value of renovation building made by building construction enterprises rose by 3.1 per cent in the last quarter of 2022 compared to one year ago. The growth in renovation building was strongest in the first quarter of the year, but there has been growth in every quarter of the year.

Key selections

  • The value of renovation building increased by 3.1 per cent in the last quarter of 2022 from one year ago. Correspondingly, the value of newbuilding fell by 1.8 per cent.
  • This is the first release in the permanent production of the statistics.
  • Trend data on renovation building have previously been published as experimental statistics.

Change

The trend indicator of renovation building is a new set of statistics that is published for the first time on 9 March 2023. The statistics are published quarterly and the base year is 2021=100.
Read more about the change

Figures

See key statistical data in the figures.

Trend development of renovation and newbuilding, 2021=100

Database tables

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New database tables
Classifications used:
  • Target of construction
Period:
quarter
Updated:

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Background information

Documentation
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Statistical experts

Inquiries primarily
Eetu Toivanen
Senior Statistician
029 551 3331
Head of Department in charge