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Value of renovation projects carried out by construction enterprises was EUR 9.8 billion in 2021

Release related to topics:Housing and constructionEnterprises
release | Renovation building 2021

According to Statistics Finland, the value of building projects was EUR 23.8 billion in construction enterprises with at least five employees in 2021. Of the projects, EUR 9.8 billion were directed at renovation building and EUR 13.9 billion at newbuilding. The value of renovation building increased by nearly 28 per cent from 2020 and by almost four per cent from 2019. The value of newbuilding grew by 17 per cent from 2020.

Key selections

  • The value of renovation projects made by construction enterprises was EUR 9.8 billion and that of newbuilding projects EUR 13.9 billion in 2021.
  • The turnover of construction enterprises grew in both renovation building and newbuilding from 2020.
  • The share of renovation building in turnover grew in small construction enterprises compared to 2020.

Tables

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Value of building projects by industry and target 2017-2021, million euros

Database tables

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Updated database tables
12h3
Classifications used:
  • Industry
  • Target of construction
Reference period cycle:
year
Updating frequency:
year
Statistics:
Updated:
12i8
Classifications used:
  • Size of construction enterprise
Reference period cycle:
year
Updating frequency:
year
Statistics:
Updated:

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Referencing instructions

Renovation building [online publication].
Reference period: 2021. ISSN=1799-2974. Helsinki: Statistics Finland [Referenced: 15.1.2025].
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Hannele Orjala
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029 551 3582