Growth in Ukraine’s Construction Sector: Volume of Work and Future Prospects
According to data from the State Statistics Service of Ukraine, the construction industry has shown significant growth during the first half of 2024.
The total volume of completed construction works across the country reached over 117.7 billion hryvnias, representing a 16.1% increase compared to the same period last year.
This positive trend highlights not only the sector’s resilience but also its ability to adapt amidst the ongoing challenges posed by the current wartime conditions.
Notably, the pace of new construction increased by 27.7%, which is particularly relevant amid rising demand for residential and infrastructural projects.
Specifically, residential construction grew by 12%, while non-residential developments surged by 36.4%, indicating an active expansion in commercial and industrial sectors.
Engineering structures, however, added only 8%, mainly due to the complex situation in that segment caused by the ongoing conflict.
Overall, the share of new buildings accounted for 43.4%, renovations for 29%, and reconstructions and other works for 27.6%.
The overall index of construction output increased to 110% compared to last year; in July, it reached 144.5%, although it declined to 97.2% by June of this year.
Seasonally adjusted data shows that engineering construction experienced the highest dynamics, exceeding 160%.
The State Statistics Service also noted that the publication of full reports was delayed due to the military situation.
Due to restrictions, temporarily occupied territories and active combat zones were not included in the calculations, though data for 2025 has already been integrated for a more comprehensive overview.
In Kyiv, a new Concept for the Urban Planning Code of Ukraine was presented, aiming to replace the controversial urban reform and improve city development management.
The current wartime context has led to a sharp increase in construction costs—rising by 90–115% depending on the class of housing—highlighting the urgent need for systemic reforms to stabilize the economy and support the population.