Issue 015 18 May 2015 Monthly Building Plans Report Chart 1: Buildings completed index Chart 2: Buildings completed indices for selected towns 500.0 250.0 450.0 400.0 Index 2010 = 100 Index 2010 = 100 200.0 150.0 350.0 300.0 250.0 200.0 150.0 100.0 100.0 50.0 50.0 0.0 Mar Apr May Jun 0.0 Mar Apr May Jun Jul Aug Sep 2014 Oct Nov Dec Jan • The composite buildings completed index stood at 109.4 points in March 2015, compared to 242.2 points m/m basis and 96.2 points y/y basis. This represents a decline of 54.8 per cent over the month and an increase of 13.7 per cent over the year. • The major contributor to a decline over the month was the category residential buildings that reduced by 65.0 per cent. However, the residential buildings category was also the major contributor to an increase over the year that increases by 22.1 per cent. • In value terms, buildings completed during the period January to March 2015 amounted to N$ 307.7 million compared to N$ 236.0 million during the same period of 2014. This represents an in-crease of N$ 71.7 million, or 30.4 per cent. Aug Sep Oct Nov Dec Jan Feb Mar 2014 Feb Mar 2015 Jul Ongwediva Swakopmund 2015 Walvis Bay Windhoek • The building completed index for the municipality of Walvis Bay was the highest in month under review, recording 224.5 points. It represents an increase of 1.8 per cent and 1.7 per cent m/m and y/y basis, respectively. • This was followed by Ongwediva town council with an index level of 212.0 points. When compared, this represents a decline of 44.9 per cent m/m and an increase of 19.9 per cent y/y basis. • The Swakopmund municipality recorded an index value of 145.1 points compared to 482.1 points translating to a decline of 69.9 per cent on m/m basis whilst a decline of 18.8 per cent on y/y basis was recorded. • The lowest index level of 75.2 points was recorded by the Windhoek municipality. It represents a decline of 59.8 per cent over the month and an increase of 38.9 per cent over the year The composite buildings completed index in July and October 2014 exceeded the limited and stood at 316.4 basis points and 277.2 basis points, while building completed indices for Walvis Bay in September and December 2014 exceeded the limited and stood at 521.1 basis points and 560.6 basis points. In order to improve readability, we have limited the index scale to 250 basis Namibia Statistics Agency points and 500 basis points. nsa.org.na Issue 015 18 May 2015 Monthly Building Plans Report Table 1: Indices of buildings completed 2010 2011 2012 2012 Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Ongwediva 10.2 49.0 31.3 33.0 66.1 35.5 646.9 82.5 72.2 80.9 25.4 67.0 -‐ 39.7 44.7 80.3 -‐ 24.0 91.1 69.4 101.8 34.1 18.0 62.6 40.9 -‐ 85.5 -‐ 87.1 152.1 -‐ 107.3 Swakopmund 32.7 81.6 110.1 51.7 109.4 77.3 81.1 109.7 185.0 72.0 169.5 119.8 38.5 142.6 114.4 55.0 122.2 144.8 63.0 295.6 180.5 130.7 138.0 271.2 14.5 170.4 95.1 120.8 151.9 115.4 317.8 271.3 Walvis Bay 214.0 58.1 44.2 76.7 111.4 95.7 93.2 40.8 35.1 211.5 101.7 117.5 205.9 48.5 30.6 261.1 114.7 119.1 87.6 149.1 112.1 21.2 356.2 40.6 66.9 53.5 46.7 62.9 66.2 281.6 117.8 251.1 Windhoek 29.2 148.6 90.2 97.6 99.1 148.0 143.5 69.7 126.7 86.4 87.5 73.5 52.9 60.7 93.0 199.9 69.7 183.5 146.4 162.5 280.9 45.7 66.4 81.4 28.4 194.1 54.8 286.3 175.3 292.7 96.2 76.6 Composite index 47.9 123.5 83.7 85.0 99.5 125.6 165.3 72.7 120.7 97.4 95.2 83.6 63.6 68.4 85.8 179.5 76.3 160.7 125.7 171.6 237.7 53.2 102.8 100.1 31.6 162.7 61.2 221.6 154.6 259.1 120.1 122.1 2013 2014 2015 Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb Mar Ongwediva 40.3 150.8 -‐ -‐ 471.9 62.3 36.4 135.2 36.0 31.7 -‐ 841.4 65.9 15.5 138.7 56.6 46.4 49.1 176.9 55.1 167.7 162.2 84.6 174.8 15.0 140.6 10.4 0.0 0.0 385.0 212.0 Swakopmund 319.9 353.3 279.7 193.4 25.3 109.7 158.7 147.0 90.2 133.3 117.1 150.8 148.5 150.3 286.7 203.1 62.2 145.8 178.6 56.2 98.7 164.0 107.4 442.5 170.9 105.6 381.9 81.6 250.9 482.1 145.1 Walvis Bay 147.6 328.8 246.4 280.0 309.0 250.5 90.6 127.9 133.9 217.2 92.4 85.5 154.0 92.8 180.9 285.9 37.1 71.8 220.7 93.4 415.9 307.1 117.9 173.5 521.1 298.2 132.4 560.6 40.7 220.6 224.5 Windhoek 87.3 234.7 99.8 42.4 49.0 107.2 207.3 118.8 188.6 139.9 90.1 72.1 43.6 112.3 36.1 29.0 78.4 165.7 54.1 57.6 96.5 57.3 408.1 95.6 81.6 319.2 65.0 54.2 25.3 187.1 75.2 Composite index 120.1 253.9 131.3 83.9 102.9 119.5 176.8 124.5 159.6 139.7 87.5 137.3 70.2 108.4 90.6 80.3 69.7 145.1 96.2 61.0 135.5 104.7 316.4 153.7 134.8 277.2 108.8 107.5 54.0 242.2 109.4 The composite buildings completed index in July and October 2014 exceeded the limited and stood at 316.4 basis points and 277.2 basis points, while building completed indices for Walvis Bay in September and December 2014 exceeded the limited and stood at 521.1 basis points and 560.6 basis points. In order to improve readability, we have limited the index scale to 250 basis points and 500 basis points. nsa.org.na Monthly Building Plans Report Issue 015 18 May 2015 Methodology Data Sources Selected local authorities Base year 2010 Calculations of index The NSA monitors the value and number of buildings completed for 24 local authorities on a monthly basis. Four of these towns that accounted for 92 per cent of the total values of all buildings completed in 2010 have been selected for the index compilation. The composite buildings completed index in July and October 2014 exceeded the limited and stood at 316.4 basis points and 277.2 basis points, while building completed indices for Walvis Bay in September and December 2014 exceeded the limited and stood at 521.1 basis points and 560.6 basis points. In order to improve readability, we have limited the index scale to 250 basis points and 500 basis points. nsa.org.na
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