Building permits in Macedonia, December, 2019
The data series span the period from 2008 to Q4 2019.
During that time, the average value for Macedonia was
245 building permits with a minumum of 121 building permits
in September 2013 and a maximum of 400 building permits in October 2017.
The latest number is 286, a change of 17.7% from the previous data point of
243 building permits and a change of -2.05% from a year ago when the level was
292 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
* indicates monthly or quarterly data series
Measure: building permits
Source: State Statistical Office of the Republic of Macedonia
Definition: Building permits are authorizations granted by a government or another regulatory body before the construction of a new building can legally occur.