Macedonia: Building permits

(measure: building permits, source: State Statistical Office of the Republic of Macedonia)
* indicates monthly or quarterly data series

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.
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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.
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