Research Article

Analysis of Construction Auctions Data in Slovak Public Procurement

Table 1

Characteristics of study area.

IndicatorValue

Population (2017)5,441,899
GDP growth (2016)3.3%
Unemployment (2016)9.7%
Inflation rate (Q4/2016)āˆ’0.1%
Average nominal month wage (2016)912 EUR
Volume of construction public tenders announced (2016)1,948 millionEUR

Statistical Office of the Slovak Republic, official website [54]; CEEC Research [52].