From 2015 to 2021, the costs of building restoration increased by over ten percent, with most of that increase happening in 2021. While the value of the index in 2020 was 102.7, in 2021 it had reached 110.2. The number of buildings that the Spanish authorities issued restoration planning permissions for in the last decade have fluctuated significantly.
Building restoration cost index in the construction industry in Spain from 2010 to 2021
* The construction cost index is a complex index that weighs the index of labor and the intermediate consumption.
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The cost of labor comprises the sum of gross wages and salaries and social contributions. Meanwhile, intermediate consumption in the construction sector comprises the cost of raw materials and materials, the cost of energy and the cost of miscellaneous expenditure.
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Ministerio de Fomento (España). (March 31, 2022). Building restoration cost index in the construction industry in Spain from 2010 to 2021 [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/772313/index-from-costs-from-the-building-rehabilitation-spain/
Ministerio de Fomento (España). "Building restoration cost index in the construction industry in Spain from 2010 to 2021." Chart. March 31, 2022. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/772313/index-from-costs-from-the-building-rehabilitation-spain/
Ministerio de Fomento (España). (2022). Building restoration cost index in the construction industry in Spain from 2010 to 2021. Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/772313/index-from-costs-from-the-building-rehabilitation-spain/
Ministerio de Fomento (España). "Building Restoration Cost Index in The Construction Industry in Spain from 2010 to 2021." Statista, Statista Inc., 31 Mar 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/772313/index-from-costs-from-the-building-rehabilitation-spain/
Ministerio de Fomento (España), Building restoration cost index in the construction industry in Spain from 2010 to 2021 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/772313/index-from-costs-from-the-building-rehabilitation-spain/ (last visited November 13, 2024)
Building restoration cost index in the construction industry in Spain from 2010 to 2021 [Graph], Ministerio de Fomento (España), March 31, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/772313/index-from-costs-from-the-building-rehabilitation-spain/