According to Geostat, Georgia’s Construction Cost Index (CCI) rose by 0.2% in May 2025 compared to April, driven mainly by a 0.3% increase in construction material prices, which contributed 0.18 percentage points to the monthly change.

Year-on-year, the index increased by 5.0% compared to May 2024. This was primarily due to a 17.8% rise in average monthly wages in the construction sector, contributing 3.62 percentage points, and a 2.0% increase in construction material prices, contributing 1.23 points. Since February 2022, the CCI has risen by 23.1%.

By segment:

• Residential construction: +0.3% monthly, +8.9% year-on-year

• Non-residential construction: –0.7% monthly, +1.6% year-on-year

• Civil engineering projects: +0.5% monthly, +2.2% year-on-year

A detailed breakdown of cost category contributions to the index is available in Geostat’s full report.