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  5. Latin Macro Watch Dataset...
  6. Construction Cost Index (CCI)

Construction Cost Index (CCI)

By Department of Research and Chief Economist (VPS/RES/RES)
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The Construction Cost Index (CCI) measures the change in the cost of inputs used in the construction sector — such as materials, labor and equipment — and is published in the Latin Macro Watch dataset of the Inter-American Development Bank (IDB). Its composition and methodology vary across countries. The series helps economists, sector analysts and policymakers monitor cost pressure in construction and infrastructure across Latin America and the Caribbean.

Coverage

Data are available for 5 countries across Latin America and the Caribbean at annual, monthly and quarterly frequency, spanning 1990 to 2026. Values are reported as index levels, including a 2023 = 100 base, and on a year-to-date basis, with period-average and end-of-period variants. Available transformations include month-on-month, quarter-on-quarter and year-on-year growth rates.

Sources

Figures are compiled from national statistical agencies, including INDEC - Argentina, the Instituto Nacional de Estadística de Uruguay, the Instituto Nacional de Estadística y Censos de Ecuador and the Instituto de Pesquisa Econômica Aplicada. The Argentine series (ICC, Nivel General) covers the Greater Buenos Aires area and is not a national index.

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Metadata & use

Format CSV
Language en
Country
Argentina
Bahamas
Trinidad & Tobago
Belize
Costa Rica
Dominican Republic
Ecuador
Bolivia
Brazil
Chile
Colombia
El Salvador
Jamaica
Mexico
Nicaragua
Guatemala
Guyana
Haiti
Honduras
Panama
Uruguay
Venezuela
Barbados
Paraguay
Peru
Suriname
Data notes

What does the Construction Cost Index (CCI) measure?

It measures the change in the cost of inputs used in the construction sector, such as materials, labor and equipment. Its composition and methodology vary across countries.

How many countries and which periods are covered?

The indicator covers 5 countries across Latin America and the Caribbean, with data spanning 1990 to 2026 at annual, monthly and quarterly frequency.

What units and transformations are available?

Values are reported as index levels, including a 2023 = 100 base, and year-to-date, with period-average and end-of-period variants. Transformations include MoM, QoQ and YoY growth rates.

Where does the data come from?

The data are compiled from national statistical agencies, including INDEC - Argentina, the Instituto Nacional de Estadística de Uruguay, the Instituto Nacional de Estadística y Censos de Ecuador and the Instituto de Pesquisa Econômica Aplicada.

Does the Argentine series cover the whole country?

No. The Argentine Construction Cost Index (ICC, Nivel General) is limited to the Greater Buenos Aires area per INDEC's scope and is not a national index.

What is this indicator typically used for?

It is used to monitor cost pressure in construction, deflate investment series and inform infrastructure and housing analysis across Latin America and the Caribbean.

How do I cite this indicator?

Cite it as: Inter-American Development Bank (IDB), Latin Macro Watch — "Construction Cost Index (CCI)." data.iadb.org/dataset/latin-macro-watch-dataset.

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