This statistic illustrates the annual development of the building erection cost index in Spain between 2010 and 2018, with basis on January 2015 = 100. During the period of time under consideration, the costs of building erection increased by approximately 2 percent in 2018 compared to 2015. The industry has also been analyzed by total construction costs and residential building costs.
Building erection cost index in the construction industry in Spain between 2010 and 2018
* The construction cost index is a complex index that ponders the labor force index and the intermediate consumption index.
The cost of labor includes the sum of gross wages and salaries and social contributions. On the other hand, intermediate consumption in the construction sector includes the cost of raw materials and materials, the cost of energy and the cost of various expenses.
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Ministerio de Fomento (España). (April 29, 2019). Building erection cost index in the construction industry in Spain between 2010 and 2018 [Graph]. In Statista. Retrieved February 25, 2020, from https://www.statista.com/statistics/772149/index-from-cost-from-the-building-in-edification-total-in-spain/
Ministerio de Fomento (España). "Building erection cost index in the construction industry in Spain between 2010 and 2018." Chart. April 29, 2019. Statista. Accessed February 25, 2020. https://www.statista.com/statistics/772149/index-from-cost-from-the-building-in-edification-total-in-spain/
Ministerio de Fomento (España). (2019). Building erection cost index in the construction industry in Spain between 2010 and 2018. Statista. Statista Inc.. Accessed: February 25, 2020. https://www.statista.com/statistics/772149/index-from-cost-from-the-building-in-edification-total-in-spain/
Ministerio de Fomento (España). "Building Erection Cost Index in The Construction Industry in Spain between 2010 and 2018." Statista, Statista Inc., 29 Apr 2019, https://www.statista.com/statistics/772149/index-from-cost-from-the-building-in-edification-total-in-spain/
Ministerio de Fomento (España), Building erection cost index in the construction industry in Spain between 2010 and 2018 Statista, https://www.statista.com/statistics/772149/index-from-cost-from-the-building-in-edification-total-in-spain/ (last visited February 25, 2020)
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