Housing and constructionNational economy

Cubic volume of building permits granted declined in August to October 2023 by 36 per cent year-on-year

release | Building and dwelling production 2023, October

According to Statistics Finland, building permits for newbuilding were granted in August to October 2023 for a total of 6.0 million cubic metres, which was 36 per cent less than one year ago. The cubic volume of completed building projects was almost on level with one year ago.

Key selections

  • In August to October 2023, building permits were granted for a total of 4,462 dwellings, which was 45 per cent fewer than one year earlier.
  • In August to October 2023, the cubic volume of building permits granted for commercial and office buildings grew by 79 per cent from one year back.
  • Measured by cubic volume, six per cent fewer residential buildings were completed in August to October 2023 than one year ago.
  • In August to October 2023, the constant-price value or the volume of ongoing building production decreased by 18 per cent year-on-year.

Cubic volume covered by granted building permits grew in five regions

In August to October 2023, the cubic volume of building permits granted for newbuilding was highest in Uusimaa, Pirkanmaa and Central Finland. Of the regions, more permits in cubic volumes were granted in Åland, Central Ostrobothnia, South Karelia, Central Finland and North Karelia than one year earlier.

Measured by cubic volume, most building projects were completed in Uusimaa, Pirkanmaa and North Ostrobothnia in August to October 2023. The growth was highest in construction projects completed in Åland, South Savo and Uusimaa.

On the level of the whole country, a total of 11,006 new dwellings were completed in building projects. Among the regions, most dwellings were completed in Uusimaa, 5,053. The growth in the number of dwellings in completed building projects was highest in the regions of Lapland, South Karelia and North Karelia compared to one year ago.


See key statistical data in the figures.

Volume index of newbuilding 2015=100, trend, 2001M01-2023M10

Granted building permits by region, m3, moving annual total, 2023M10

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Updated database tables
Classifications used:
  • Construction stage
  • Building type
  • Region
Classifications used:
  • Building type

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Tiia Wallin
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