Georgia's Construction Cost Index Falls 0.8% in August Month on Month, Rises 3.4% Year on Year
Georgia's construction cost index fell by 0.8% in August 2026 compared with the previous month and rose by 3.4% compared with August 2025, Geostat reported.
The monthly decline was mainly linked to a 6.5% drop in the average monthly nominal wage in construction. The annual increase was driven by a 19.7% rise in the transport, fuel and electricity category and a 0.8% rise in construction material prices.
By segment, the non-residential index fell by 4.7% over the month and rose by 4.6% over the year. The civil engineering index rose by 0.6% over the month and by 7.0% over the year. Compared with February 2022, the overall index is up by 29.2%. Geostat’s index tracks how construction costs change relative to a base period.
Related directory categories: Construction companies in Tbilisi.
Sources: Source publication; Source document (PDF).
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