construction gdp by country

Direct access to our data from your apps using any programing language. The estimates for 2021 incorporate the results of BEA's annual update of GDP by county and metropolitan area that was also released today. The full economic effects of the COVID19 pandemic cannot be quantified in these statistics, because the impacts are generally embedded in source data and cannot be separately identified. The mining industry was the leading contributor to the decrease. Growth in construction is outpacing global GDP in the post-Covid recovery. 1. Standard users can export data in a easy to use web interface or using an excel add-in. Vietnam's top legislature has set the target at 6.5 percent this year. You only have access to basic statistics. Currently, you are using a shared account. "Gross Domestic Product (Gdp) for The Construction Sector in Latin America and The Caribbean in 2021, by Country (in Million U.S. Quantities, or "real" measures, are expressed as index numbers with a specified reference year equal to 100 (currently 2012). If in autumn we can confirm that the pandemic has been defeated, there will be even greater euphoria, Lorenzo Bellicini of Cresme continued. We are facing a recovery that is greater than expected, commented Lorenzo Bellicini, technical director of Cresme, who presented the XXX Joint Report. Read more More indicators Economy France GDP From Construction 2023 Data - 2024 Forecast - TRADING ECONOMICS The percent change in real GDP ranged from 81.8 percent in Coke County, TX, to -34.8 percent in Chouteau County, MT (table 1). Note: Table list 217 economies, but rankings include only those with confirmed GDP estimates for at least one year during the last three years period. Please create an employee account to be able to mark statistics as favorites. Please create an employee account to be able to mark statistics as favorites. 2021 Global Status Report for Buildings and Construction In Europe as well as in the United States, we are witnessing unprecedented public intervention and a change in political paradigms.. Learn more about how Statista can support your business. Kern County, CA, had the only decrease, at 1.1 percent. Then you can access your favorite statistics via the star in the header. Available: https://www.statista.com/statistics/566787/average-yearly-expenditure-on-economic-infrastructure-as-percent-of-gdp-worldwide-by-country/, Global investment on inland transport infrastructure as share of GDP in 2021, by selected countries, Immediate access to statistics, forecasts & reports, Inland transport infrastructure spending as share of GDP in selected countries 2021, U.S. commercial building and infrastructure construction 2012-2021, by sector, Total new infrastructure construction in the U.S. 2012-2022, by segment, Revenue share of construction contractors in the U.S. 2021, by sector, Infrastructure investment barriers EU and U.S. 2020-2022, by type, Infrastructure investment needs across various systems in the U.S. 2020-2029, Number of U.S. structurally deficient road bridges 2022, Number of bridges in need of replacement or rehabilitation in the U.S. 2017-2021, Announced funding on the Bipartisan Infrastructure Law U.S. 2022, by state, Announced funding on the Bipartisan Infrastructure Law U.S. 2022, by segment, Rail funding on the Bipartisan Infrastructure Law 2021 in the U.S., by segment, Highway funding on the Bipartisan Infrastructure Law in the U.S. 2021-2026, by state, Highway funding on the Bipartisan Infrastructure Law U.S. FY 2022-2026, by program, Leading contractors in the transportation sector in the U.S. 2020-2021, by revenue, Leading design companies for transportation projects in the U.S. 2021, New transportation building construction U.S. 2017-2022, with forecasts until 2027, U.S. value of private transportation construction put in place 2012-2022, by type, U.S. new highway and street construction 2005-2022, with forecasts until 2027, Cities with the largest electric charging station volume in the U.S. 2023, U.S. power infrastructure contractors based on revenue 2021, Leading design firms for power projects in the U.S. 2021, U.S. existing nameplate electricity capacity 2021, by type, U.S. utility transmission and distribution operating costs 2006-2021, Value of water supply construction in the U.S. 2002-2022, U.S. water, sewage, and other system utilities' capital expenditure 2012-2021, Value of sewage and waste disposal construction in the U.S. 2002-2022, Hazardous waste managers in the United States 2003-2021, Biggest municipal solid waste landfills in the United States 2022, by design capacity, Leading municipal solid waste landfills in the United States 2020, by accepted waste, Largest municipal solid waste landfills in the United States 2020, by waste in place, Opinion on infrastructure investments in Sweden 2019, Opinion on infrastructure investments in Belgium 2019, Latin America: infrastructure spending 2018-2022, Latin America: infrastructure spending 2019-2020, Value of key infrastructure projects pipeline in Latin America 2023, by country, Latin America: infrastructure projects value 2018, by sector, U.S. investment for infrastructure needs in 2010 with a forecast for 2020, Railroad rolling stock investments in China 2014, Key information on U.S. infrastructure needs 2016, Planned infrastructure investments APAC Q4 2018, by sector, Latin America: leading infrastructure projects 2019, by value, Value of awarded contracts in the GCC by sector 2020, Global infrastructure expenditure 2000-2010, with forecasts 2010-2020 and 2020-2030, Value of awarded construction contracts in Bahrain 2014-2018, Value of awarded construction contracts in the GCC 2014-2018, Value of awarded construction contracts in Saudi Arabia 2016-2022, Trade fair participation investments of companies in Germany 2020/2021, Industry revenue of demolition and site preparation in Sweden 2012-2025, Find your information in our database containing over 20,000 reports, economic growth is linked to investment into the construction industry, projected infrastructure needs than most regions. Get quick analyses with our professional research service. Europe's biggest construction companies 2013-2021, by revenue, The 50 biggest construction companies in the UK 2014-2021, by revenue, The 30 biggest construction companies in Sweden based on revenue 2017-2021, Main construction companies in Spain 2021, by revenue, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. GDP is the value of goods and services produced within a county. In the South alone, these open construction sites will employ 15,000 people, but are not enough on their own to bridge the countrys infrastructure gap. The figures provided are from a survey that covers total gross investment (which is defined as new construction, extensions, reconstruction, renewal and major repair). The mining industry was the leading contributor to the decrease. Accessed July 01, 2023. https://www.statista.com/statistics/788166/global-construction-market-value-by-region/, McKinsey. Get quick analyses with our professional research service. 74007. Largest economies in the world by GDP (nominal) in 2023 according to International Monetary Fund estimates [n 1] [1] Countries by nominal GDP in 2019 [n 2] > $20 trillion $10-20 trillion $5-10 trillion $1-5 trillion $750 billion - $1 trillion $500-750 billion $250-500 billion $100-250 billion $50-100 billion $25-50 billion $5-25 billion Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. User session id management (duration 30 days), Site traffic aggregate analysis (Duration 365 days), NAPOLI - BARI Tratta Napoli Cancello Alta Velocita - Italia (1), The Oresundsbron bridge between Denmark and Sweden, Large-scale works will need to be sustainable, Infrastructure related news from Italy and the rest of the world, In 2021, the world's GDP will grow between 5.6% and 6%, which is less than the added value produced by construction in advanced countries. statistic alerts) please log in with your personal account. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. If you are an admin, please authenticate by logging in again. A fresh perspective on Nigeria's economic growth | McKinsey In the U.S., direct impact measures are worth 25.5% of GDP; in the UK, 16.2%, in Italy, 8.5% and in France, 7.6%. facts. Gross domestic product (GDP) by county is the value of goods and services produced by the county's economy less the value of goods and services used up in production. facts. The contributions are additive and can be summed to the state's overall percent change. To use individual functions (e.g., mark statistics as favourites, set Currently, you are using a shared account. According to Cresme, in 2023 the country will receive a record 135 billion ($161 billion) in investment in the sector, a result achieved through the growth rates of recent months. The update incorporates revised source data that are more complete and more detailed than previously available, the results of the September 2022 annual update of the National Income and Product Accounts, the September 2022 annual update of GDP by industry, the September 2022 annual update of GDP by state, and the November 2022 annual update of personal income by county. Figures in italics are for 2020 or 2019. a. We have a plan for your needs. Learn more about how Statista can support your business. February 17, 2017. We Build Value Digital Magazine New York, NY 10017. construction. statistic alerts) please log in with your personal account. Trading Economics welcomes candidates from around the world. 383314. (December 12, 2022). The national accounts estimates are compiled according to 2008 SNA (System of National Accounts 2008) or 1993 SNA (System of National Accounts 1993). Gross domestic product (GDP) in absolute value, Share of finance and business services in GDP, Share of trade, hospitality, transport and communication in GDP, United Nations Economic Commission for Europe. Learn more about how Statista can support your business. API users can feed a custom application. 255353. The percent change in real GDP ranged from 81.8 percent in Coke County, TX, to 34.8 percent in Chouteau County, MT (table 1). During navigation, the User may also receive cookies from different sites or web servers on his terminal. Inland infrastructure investment In 2020, investment in inland infrastructure as a percentage of GDP varied between 5.8% in China and 0.2% in Mexico (Figure 1). Show sources information In, BEA. Quantities and prices. Dollars). United States GDP From Construction 2023 Data - TRADING ECONOMICS While Nigeria has made solid economic progress since 2000, averaging annual GDP growth of 8.6 percent from 1999 to 2010, the last decade has seen the country beset by a series of economic recessions. For more Information about COVID19 impacts, refer to, Stay informed about BEA developments by reading, Historical time series for these estimates can be accessed in BEA's, For more on BEA's statistics, see our online journal, the, For upcoming economic indicators, see BEA's. Directly accessible data for 170 industries from 150+ countries By closing this banner, continuing to browse this page or clicking any of its elements, such as a link or button, you accept the use of technical cookies. White label accounts can distribute our data. GDP from Construction in France averaged 23975.70 EUR Million from 1950 until 2023, reaching an all time high of 33600.00 EUR Million in the first quarter of 2008 and a record low of 7105.00 EUR Million in the first quarter of 1950. to incorporate the statistic into your presentation at any time. Luxembourg is a key financial services center in Europe, Ireland is headquarters to many multinational corporations, and Norway is one . GDP ranged from $2.3 billion in Bastrop County, TX, to $42.3 billion in Polk County, IA. statistic alerts) please log in with your personal account. Dollars) . US GDP - Contribution of Construction Industry - YCharts Global investment on inland transport infrastructure as share of GDP in 2021, by selected countries [Graph]. Chart. May 17, 2023. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Real GDP increased in 1,805 counties, decreased in 675 counties, and was unchanged in 15. The durable-goods manufacturing industry was the leading contributor to the county's growth. The data shows that while the worlds GDP will grow by between 5.6% and 6% in 2021, the added value produced by construction in advanced countries will be even higher, growing by 7.6% in Australia, 7.4% in Asia and 6.3% in the United States. In 2021, the world's GDP will grow between 5.6% and 6%, which is less than the added value produced by construction in advanced countries In the U.S., direct impact measures are worth 25.5% of GDP; in the UK, 16.2%, in Italy, 8.5% and in France, 7.6%. [Online]. UNECE. This page . Bridging this gap will be the real challenge to transform this short-term recovery into ongoing, lasting development, driven by sustainability and innovation. SDR Interest Rate, Rate of Remuneration, Rate of Charge and Burden Sharing Adjustments. Share of construction in GDP The national accounts estimates are compiled according to 2008 SNA (System of National Accounts 2008) or 1993 SNA (System of National Accounts 1993). World Development Indicators | DataBank Large-scale construction projects have been a major driving force in the upturn, which has already been stronger than many expected it to be. Statista. where more goods and services are sold and bought. and over 1Mio. Trading Economics welcomes candidates from around the world. Directly accessible data for 170 industries from 150+ countries Chart. Following a 4.9% contraction in 2020, infrastructure development is expected to rebound, as the government focuses on key projects in this sector to support the industry and economic growth at large. "Real" dollar series are calculated by multiplying the published quantity index by the current dollar value in the reference year and then dividing by 100. Registered with the Court of Rome, To use individual functions (e.g., mark statistics as favourites, set **Figures for 2019. UK Current Account Gap Higher than Expected, UK Business Investment Revised Sharply Higher in Q1, UK Mortgage Lending Falls for 2nd Straight Month, UK Consumer Credit Growth Weakest in 5 Months, UK Mortgage Approvals Rise More than Expected, South Korea Trade Surplus Smaller than Expected, South Korea Imports Fall More than Estimated, Argentina Economic Activity Shrinks More than Estimates, Trinidad and Tobago Keeps Interest Rate Steady at 3.5%. dollars)." As a Premium user you get access to the detailed source references and background information about this statistic. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Contribution to GDP of Construction This key economic indicator for the Construction sector has been recently updated. Since 2010, inland transport infrastructure investment grew notably in China (+0.9 percentage points as a share of GDP) and Hungary (+0.7). To remove the country from the group double click on the country or select the country and click Remove button. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). As a Premium user you get access to background information and details about the release of this statistic. Percent changes calculated from chained-dollar levels and quantity indexes are conceptually the same; any differences are due to rounding. Gross Domestic Product by County, 2021 - Bureau of Economic Analysis Standard users can export data in a easy to use web interface or using an excel add-in. ", McKinsey, Market size of the construction sector worldwide in 2015, by region (in trillion U.S. dollars) Statista, https://www.statista.com/statistics/788166/global-construction-market-value-by-region/ (last visited July 01, 2023), Market size of the construction sector worldwide in 2015, by region (in trillion U.S. dollars) [Graph], McKinsey, February 17, 2017. Here are the top 10 countries with the highest nominal GDP per capita in the world in 2023, measured in U.S. dollars: Luxembourg, Ireland, and Norway lead the ranking with more than $100,000 in GDP per capita. statistic alerts) please log in with your personal account. The specific breakdown of what is needed is another 66 billion ($78 billion) on the rail network, 14 billion ($16 billion) for roads and highways, and 9 billion ($10.7 billion) for urban transport systems. Show sources information Fax +1 (917) 367-0135. ", Economic Commission for Latin America and the Caribbean, Gross domestic product (GDP) for the construction sector in Latin America and the Caribbean in 2021, by country (in million U.S. dollars) Statista, https://www.statista.com/statistics/1089163/value-construction-industry-latin-america-country/ (last visited July 01, 2023), Gross domestic product (GDP) for the construction sector in Latin America and the Caribbean in 2021, by country (in million U.S. dollars) [Graph], Economic Commission for Latin America and the Caribbean, December 12, 2022. International Comparison Program (ICP) - World Bank Group to incorporate the statistic into your presentation at any time. IMF Financial Transactions (Quarterly) IMF Financial Statements (Quarterly) IMF Annual Report. As such, it also measures the income earned from that production, or the total amount spent on final goods and services (less imports). PDF Gross domestic product 2021 - World Bank to incorporate the statistic into your presentation at any time. December 12, 2022. The Global Status Report for Buildings and Construction continued to evolve over the past five years, bringing . Show publisher information Read. Real values are inflation-adjusted statisticsthat is, these exclude the effects of price changes. Business Solutions including all features. Liew Owing to its significant contribution to GDP and other sectors, the construction industry plays an important role in economic growth. BEIJING, June 26 (Reuters) - S&P Global cut its forecast for China's economic growth this year, underscoring the uneven nature of the country's recovery from the . to incorporate the statistic into your presentation at any time. United Kingdom GDP From Construction 2023 Data - TRADING ECONOMICS A paid subscription is required for full access. Commercial construction dropped by 12.3% in 2020, amid the uncertainty in-market. Construction. [Online]. Use Ask Statista Research Service, Leading home builders in the U.S. 2022, by revenue, The 50 biggest construction companies in the U.S. based on revenue 2021, Construction spending in the U.S. 2005-2022, with forecasts to 2027, Single-family housing starts in the U.S. 1980-2022, with forecasts until 2024, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. Market Definition: The Construction Market size was valued at USD 7.28 trillion in 2021 and is predicted to reach USD 14.41 trillion by 2030 with a CAGR of 7.3% from 2022-2030. Since 2014 Ethiopia Contribution to GDP of Construction increased 14.9points year on year close to 17 Percent. Currently, you are using a shared account. Latin America: construction GDP, by country | Statista An official website of the United States government. Despite its past of stagnant growth and lack of public investments, today Italy seems determined to make up for lost time, looking to large-scale works as an important driver for sustainable, lasting growth. Top 10 Countries By GDP Per Capita, by Region - Visual Capitalist Foreign investment inflows are expected to remain . In, Economic Commission for Latin America and the Caribbean. Gross domestic product (GDP) for the construction sector in Latin America and the Caribbean in 2021, by country (in million U.S. dollars) Additional Information Statista 2023 Show source. Construction market size worldwide by region | Statista "Global Investment on Inland Transport Infrastructure as Share of Gdp in 2021, by Selected Countries. "Gross domestic product (GDP) for the construction sector in Latin America and the Caribbean in 2021, by country (in million U.S. dollars) ." According to Cresme calculations, direct impact measures are worth 25.5% of GDP in the United States; 16.2% in the United Kingdom; 8.5% in Italy and 7.6% in France. product (GDP) plays a vital role in balancing various sectors. We Build Value. (May 18, 2023). Direct access to our data from your apps using any programing language.
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