Construction;value added, index 2021=100 and changes

Construction;value added, index 2021=100 and changes

SIC 2008 Periods Index figures not adjusted (2021 = 100) Index figures adjusted for calendar (2021 = 100) Index figures seasonally adjusted (2021 = 100) Volume change not adjusted (%) Volume change adjusted for calendar (%) Volume change seasonally adjusted (%)
F Construction 2023* 108.5 108.4 108.3 2.1 2.2 2.3
F Construction 2024 April* 115.1 112.5 105.3 7.8 0.7 0.5
F Construction 2024 May* 114.9 113.5 105.6 -3.6 -3.1 -3.2
F Construction 2024 June* 113.9 117.5 104.1 -11.4 -6.2 -6.4
F Construction 2024 2nd quarter* 114.6 114.5 105.0 -3.0 -3.0 -3.1
F Construction 2024 July* 119.9 109.6 102.9 -1.3 -6.9 -6.5
F Construction 2024 August* 42.5 45.8 109.7 -0.1 3.2 1.2
F Construction 2024 September* 117.9 119.2 105.6 -1.9 -2.0 -2.0
F Construction 2024 3rd quarter* 93.4 91.5 106.0 -1.4 -3.2 -2.4
F Construction 2024 October* 111.4 108.9 106.4 1.5 -1.1 -1.3
Source: CBS.
Explanation of symbols

Table explanation


This table contains figures on the volume development of value added at basic prices in the construction industry. According to the Standard Industrial Classification (SIC 2008) by Statistics Netherlands (CBS), the construction industry falls under SIC 41-43. The development is presented as a percentage change compared to the same period in the previous year and is represented using index numbers with 2021 as the base year.

Data available from: January 2005.

Status of the figures: The data is consistently aligned with the value added figures from quarterly accounts as soon as they become available. However, when the last month of a quarter is published, regular quarterly estimates from national accounts are not yet available. As a result, the value added figures for the construction industry in this table may differ from the value added figures reported by national accounts. The series is finalized up to 2020 and provisional from 2021 onward.

For quarterly figures, it involves aligning with the results of both the first (‘flash’) estimate of the quarterly accounts, which is published 6 weeks after the end of a reporting quarter, and the second (‘regular’) estimate, which is published approximately 3 months after the end of a reporting quarter. Adjustments are made when a new monthly figure is added to the series.

Changes as of 16-12-2024:
The figures for October 2024 have been added. The figures for July up to and including September 2024 have been adjusted.

Changes as of 9-12-2024:
The figures for September 2024 have been added. The figures for July 2024 and August 2024 could have been adjusted.
A dimension for the branches is added and calendar- and seasonal adjusted figures are added.


When will new figures be available?
New figures are typically published approximately seven weeks after the end of the reporting period.

Description topics

Index figures not adjusted
Output indicator for construction.
Volume index figures, base year 2021 = 100.
Original figures which are not adjusted for calendar effects and seasonal effects.

Production is the volume change of gross value added at basic prices. Value added is defined as total production value minus total intermediate consumption value. Production, within the scope of the production index, must be viewed as the volume development of the gross value added at basic prices, not adjusted for working days, holidays, and similar effects.
Index figures adjusted for calendar
Output indicator for construction.
Volume index figures, base year 2021 = 100.
Data which are adjusted for calendar effects.

Each period in a series contains a different number of working or shopping days, leap days, and holidays. By adjusting for these composition differences, outcomes become more comparable over time. A different arrangement of calendar days does not affect year-on-year developments. As a result, the trend in developments becomes purer.
Index figures seasonally adjusted
Output indicator for construction.
Volume index figures, base year 2021 = 100.
Seasonally adjusted figures.

By adjusting the series for annually recurring patterns, the outcomes become more comparable to the previous months. As a result, observable seasonal effects do not impact month-on-month developments, allowing shifts in revenue growth or decline to be detected more quickly than if no seasonal adjustment were applied.
The outcomes are corrected for both seasonal effects and calendar effects, such as working days, shopping days, leap days, and holidays.
Volume change not adjusted
Output indicator for construction.
Volume changes compared to the same period in the previous year.
Original figures which are not adjusted for calendar effects and seasonal effects.

The development of the production in terms of percentage of a certain period (month, quarter, year) compared with the same period of the previous year.
Volume change adjusted for calendar
Output indicator for construction.
Volume changes compared to the same period in the previous year.
Data which are adjusted for calendar effects.

Each period in a series contains a different number of working or shopping days, leap days, and holidays. By adjusting for these composition differences, outcomes become more comparable over time. A different arrangement of calendar days does not affect year-on-year developments. As a result, the trend in developments becomes purer.
Volume change seasonally adjusted
Output indicator for construction.
Volume changes compared to the previous year.
Seasonally adjusted figures.

By adjusting the series for annually recurring patterns, the outcomes become more comparable to the previous months. As a result, observable seasonal effects do not impact month-on-month developments, allowing shifts in revenue growth or decline to be detected more quickly than if no seasonal adjustment were applied. The outcomes are corrected for both seasonal effects and calendar effects, such as working days, shopping days, leap days, and holidays.