total construction costs and the residential building costs also experienced an upward trend.
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 Building erection cost index in the construction industry in Spain from 2005 to 2022
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Ministerio de Fomento (España). (March 14, 2023). Building erection cost index in the construction industry in Spain from 2005 to 2022 [Graph]. In Statista. Retrieved October 03, 2023, 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 from 2005 to 2022." Chart. March 14, 2023. Statista. Accessed October 03, 2023. https://www.statista.com/statistics/772149/index-from-cost-from-the-building-in-edification-total-in-spain/
Ministerio de Fomento (España). (2023). Building erection cost index in the construction industry in Spain from 2005 to 2022. Statista. Statista Inc.. Accessed: October 03, 2023. 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 from 2005 to 2022." Statista, Statista Inc., 14 Mar 2023, 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 from 2005 to 2022 Statista, https://www.statista.com/statistics/772149/index-from-cost-from-the-building-in-edification-total-in-spain/ (last visited October 03, 2023)
Building erection cost index in the construction industry in Spain from 2005 to 2022 [Graph], Ministerio de Fomento (España), March 14, 2023. [Online]. Available: https://www.statista.com/statistics/772149/index-from-cost-from-the-building-in-edification-total-in-spain/