Building permits in Romania, May, 2020
The data series span the period from January 2002 to May 2020.
During that time, the average value for Romania was
3471 building permits with a minumum of 770 building permits
in January 2003 and a maximum of 6291 building permits in May 2008.
The latest number is 3062, a change of 33.71% from the previous data point of
2290 building permits and a change of -25.91% from a year ago when the level was
4133 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: National Institute of Statistics of Romania
Definition: Building permits are authorizations granted by a government or another regulatory body before the construction of a new building can legally occur.