Romania: Building permits

(measure: building permits, source: National Institute of Statistics of Romania)
* indicates monthly or quarterly data series

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.
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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.
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