Cyprus: Building permits

(measure: building permits, source: Statistical Service of Cyprus)
* indicates monthly or quarterly data series

Building permits in Cyprus, November, 2019: The data series span the period from 2002 to 2019. During that time, the average value for Cyprus was 896 building permits with a minumum of 147 building permits in April 2015 and a maximum of 2252 building permits in November 2008. The latest number is 909, a change of 22.18% from the previous data point of 744 building permits and a change of 56.72% from a year ago when the level was 580 building permits.

The number of building permits is considered a leading macroeconomic indicator as it typically grows a few months ahead of an economic expansion and declines a few months before an economic slowdown. See more information about that indicator on our Building permits page.
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Measure: building permits
Source: Statistical Service of Cyprus

Definition: Building permits are authorizations granted by a government or another regulatory body before the construction of a new building can legally occur.
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