Construction Cost Index rises 2.4% in April 2026
Construction Cost Index hits 103.7 points in April 2026
Saudi Arabia's Construction Cost Index rose by as much as 2.4% in April 2026 compared to the same month in 2025.
This is considered the highest growth on record since the General Authority for Statistics (GASTAT) began collecting the index data in January 2024.
The index hit 103.7 points (base year 2023), up from 101.2 points in April 2025, according to data from the GASTAT.
The increase was mainly driven by a rise in construction costs for the residential sector by 2.4% and the non-residential sector by 2.7%.
The index measures changes in construction costs over time based on a basket of building materials and construction services, and is widely used by planners and researchers.
|
Construction Cost Index |
||
|
Period |
Index (Points) |
YoY Change |
|
January 2025 |
101.0 |
1.0% |
|
February |
101.1 |
0.9% |
|
March |
101.2 |
1.0% |
|
April |
101.2 |
1.0% |
|
May |
101.3 |
1.2% |
|
June |
101.2 |
1.1% |
|
July |
101.7 |
0.7% |
|
August |
101.8 |
0.7% |
|
September |
101.8 |
0.7% |
|
October |
101.7 |
1.0% |
|
November |
101.8 |
1.0% |
|
December |
101.9 |
1.2% |
|
January 2026 |
102.4 |
1.4% |
|
February |
102.5 |
1.4% |
|
March |
103.2 |
2.0% |
|
April |
103.7 |
2.4% |
The year-on-year (YoY) increase in the index was mainly driven by higher equipment and machinery rental costs (+5.1%), energy costs (+3%), and labor costs (+2.8%).
Meanwhile, core materials—which carry the largest weight in the index at 48.5%—recorded an increase of 1.2%.
|
Construction Cost Index by Components |
||||
|
Main Sectors |
Weight |
April 2025 |
April 2026 |
Change |
|
Basic Materials |
48.5% |
99.0 |
100.1 |
1.2% |
|
Labor |
29.9% |
102.0 |
104.9 |
2.8% |
|
Equipment & Machinery Rental |
19.0% |
102.3 |
107.6 |
5.1% |
|
Energy |
2.5% |
131.0 |
134.9 |
3.0% |
|
Index |
100.0% |
101.2 |
103.7 |
2.4% |
Data by sector showed a YoY increase in both residential and non-residential construction costs in April 2026. Residential sector (77.5% weight) went up 2.4%, mainly driven by equipment and machinery rental costs (+4.7%), along with higher energy costs (+3%), labor costs (+2.8%) and basic materials (+1.2%)
Non-residential sector moved up 2.7% YoY, buoyed by the jump in equipment & machinery rental costs (+6.7%), as well as the increase in energy and labor costs (+3% each) and basic materials (+1%).
|
Construction Cost Index by Sector |
||||
|
Main Categories |
Weight |
April 2025 |
April 2026 |
Change |
|
Residential Sector |
77.5% |
101.3 |
103.7 |
2.4% |
|
Basic Materials |
37.5% |
99.1 |
100.3 |
1.2% |
|
Labor Costs |
23.0% |
102.0 |
104.8 |
2.8% |
|
Equipment & Machinery Rental |
14.9% |
102.4 |
107.2 |
4.7% |
|
Energy |
2.0% |
131.0 |
134.9 |
3.0% |
|
Non-Residential Sector |
22.5% |
101.0 |
103.7 |
2.7% |
|
Basic Materials |
11.0% |
98.6 |
99.6 |
1.0% |
|
Labor Costs |
6.9% |
102.1 |
105.1 |
3.0% |
|
Equipment & Machinery Rental |
4.1% |
102.2 |
109.0 |
6.7% |
|
Energy |
0.6% |
131.0 |
134.9 |
3.0% |
|
Index |
100.0% |
101.2 |
103.7 |
2.4% |
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