BPCS October 2021 The approved building permits provide monthly data on building construction at the municipal level nationwide. These construction statistics include the number, floor area, type of building and value of construction. Statistics generated from approved building permits are the bases of estimating level of construction of national income accounts and an indicator on the level of investment in the country. As such, the data is valuable in analyzing present economic conditions and past developments, forecasting future trends and making policy decisions. The generation of construction statistics from approved building permits covers all municipalities and cities issuing building permits for the construction of residential and non-residential structures, additions and alterations and repairs, demolition, landscaping and putting up of signboards.
The number of constructions from approved building permits in March 2025 reached 947. This indicates an annual decrease of -8.1 percent from the 1,031 total number of constructions in the same month…
A construction permit or building permit is a permit required in most jurisdictions for new construction, or adding onto pre-existing structures, and in some cases for major…
