Building erection cost index in Spain 2005-2022
Between 2020 and 2022, the cost of erecting a building in Spain has increased by almost 22 percent. In fact, the index value of 2022 is the highest point in the timeline. The index grew from 98.8 in 2016 to 125.3 in 2022. The total construction costs and the residential building costs also experienced an upward trend.
