construction gdp by country

This statistic is not included in your account. ", BEA, Value added by the construction industry as a share of gross domestic product in the United States from 2000 to 2022 Statista, https://www.statista.com/statistics/192049/value-added-by-us-construction-as-a-percentage-of-gdp-since-2007/ (last visited July 01, 2023), Value added by the construction industry as a share of gross domestic product in the United States from 2000 to 2022 [Graph], BEA, March 30, 2023. Report. To the extent that a county's output is produced and sold in national markets at relatively uniform prices (or sold locally at national prices), real GDP by county captures the differences across counties that reflect the relative differences in the mix of goods and services that the areas produce. 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 Show publisher information The estimates for 2021 incorporate the results of BEA's annual update of GDP by county and metropolitan area that was also released today. December 12, 2022. Available: https://www.statista.com/statistics/788166/global-construction-market-value-by-region/, Market size of the construction sector worldwide in 2015, by region, Immediate access to statistics, forecasts & reports, GDP share of the construction industry in Europe and Central Asia 2022, by country, Construction industry production value in Europe 2020 , by country, Construction industry turnover in the EU 2011-2020, by segment, Number of employees in the construction industry in the EU 2011-2020, by segment, Construction share of total employment in Europe 2022, by country, Global construction companies by market capitalization 2021, The biggest construction companies in Europe based on market cap in 2021, Leading construction and materials companies in France 2023, by market cap, Largest builders' merchants in the UK 2022, by revenue, Leading French construction companies 2020-2021, by revenue, Biggest construction companies in Germany 2020-2021, by by total output, Biggest construction companies in Poland 2020-2021, by revenues, Construction investment barriers EU and U.S. 2020-2022, by type, Infrastructure investment barriers EU and U.S. 2020-2022, by type, Monthly construction confidence indicator in the EU 1990-2023, Operation time ensured by the construction backlog in the EU 2007-2023, Monthly construction in the EU 2007-2023, Factors limiting the construction activity in Great Britain 2022, Monthly construction price expectations index in the EU 2007-2023, Personnel costs index in the construction industry in the EU 2007-2023, Average cost per square meter of constructing a building in European cities in 2022, Housing construction costs in the UK 2022, by type and city, Housing construction cost in selected European cities 2022, by type, Global construction market output projection by region 2021, Global percentage change in construction market output between 2017 and 2021, Projection in global annual change in construction output between 2014 and 2030, Middle East construction output share of GDP 2015, by country, Construction value from approved building permits Philippines 2020, by region, Breakdown of construction budget in Saudi Arabia by sector 2015, Total number of permitted construction units for alteration Thailand 2021, by region, Construction value-added in Vietnam Q1 2015-Q3 2018, Market share of selected construction steel companies in Vietnam 9M 2019, Total number of permitted new construction units Thailand 2021, by region, Market share of selected steel pipe companies in Vietnam 9M 2019, Costs of infrastructure projects of DPWH Philippines 2019, by project, Market share of selected galvanized steel companies in Vietnam 9M 2019, Canada's construction employment share by sector 2019, Argentina: construction wage spending 2017-2021, Labor cost index in the construction industry in Finland 2011-2021, Industry revenue of manufacturing in Georgia 2012-2024, Industry revenue of manufacturing in Greece 2012-2025, Market size of the construction sector worldwide in 2015, by region (in trillion U.S. dollars), Find your information in our database containing over 20,000 reports, construction market in Asia is expected to account for almost half of global construction spending by 2020, productivity growth of the construction sector, individual entities, despite high revenues. As soon as this statistic is updated, you will immediately be notified via e-mail. [Online]. Construction. A paid subscription is required for full access. Directly accessible data for 170 industries from 150+ countries Economic Commission for Latin America and the Caribbean. and over 1Mio. Kazakhstan Inflation Rate MoM at 0.50 percent, Kazakhstan Inflation Rate at 14.60 percent, South Korea Balance of Trade at 1130.00 USD Million, South Korea Imports YoY at -11.70 percent, South Korea Exports at 54240.00 USD Million, United States 7 Year Note Yield at 4.00 percent, United States 52 Week Bill Yield at 5.43 percent, United States 5 Year Note Yield at 4.16 percent, United States 4 Week Bill Yield at 5.19 percent, 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%. Please create an employee account to be able to mark statistics as favorites. You need at least a Starter Account to use this feature. The mining industry was the leading contributor to the decrease. 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. 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. 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 The economy of. They will be the real engines of the post-Covid revival, the final step of which is the defeat of the pandemic itself. In the UK, too, Boris Johnsons Build Back Better plan aims to invest 100 billion ($119 billion) in the sector in 2021 and 2022 alone, which will increase to 600 billion (716 billion) over the next five years. To use individual functions (e.g., mark statistics as favourites, set Percent changes calculated from chained-dollar levels and quantity indexes are conceptually the same; any differences are due to rounding. Manufacturing. Show publisher information 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%. Available: https://www.statista.com/statistics/192049/value-added-by-us-construction-as-a-percentage-of-gdp-since-2007/, Value added by the construction industry as a share of gross domestic product in the United States from 2000 to 2022, Immediate access to statistics, forecasts & reports, U.S. construction spending in public and private sectors 1993-2022, Value added of U.S. construction industry as a percentage of GDP 2000-2022, Employees in U.S. construction industry 1998-2021, U.S. producer price index of construction materials 1947-2022, Number of construction firms in the U.S. 2020, by segment, Number of construction firms in the U.S. 2020, by segment and size, Largest construction contractors in the U.S. 2021, based on new contracts, Value of public residential construction spending in the U.S. 2002-2022, New housing construction starts in the U.S. 1968-2023, per month, Multifamily house starts in the U.S. 1980-2022, with 2022 and 2024 forecasts, Number of single family building permits in the U.S. 2000-2022, Number of multifamily building permits in the U.S. 2000-2022, Price growth rate of residential construction in the U.S. 2005-2022, by type, Non-residential construction spending in the United States 2012-2022, by segment, Private construction value new nonresidential buildings in the U.S. 2022, Public non-residential construction spending in the U.S. 2002-2022, Government non-residential construction value in the U.S. 2000-2022, Value of commercial and industrial construction starts in the U.S. 2022, by type, Non-residential construction spending forecast in the U.S. 2023-2024, Non-residential building construction cost index in the U.S. 2005-2022, Total new infrastructure construction in the U.S. 2012-2022, by segment, Public highway and street construction spending in the U.S. 2008-2022, U.S. value of private transportation construction put in place 2008-2022, Value of water supply construction in the U.S. 2002-2022, Value of sewage and waste disposal construction in the U.S. 2002-2022, Electric transmission projects completed in the U.S.2019- 2022, by voltage, Announced funding on the Bipartisan Infrastructure Law U.S. 2022, by segment, Announced funding on the Bipartisan Infrastructure Law U.S. 2022, by state, Residential construction put in place in the U.S. 2005-2022, with forecasts to 2027, Non-residential construction spending in the U.S. 2005-2022, with forecasts to 2027, Value of nonbuilding construction put in place U.S. 2005-2022, with forecasts to 2027, U.S. new highway and street construction 2005-2022, with forecasts until 2027, Annual change in construction value in Finland 2020-2022, U.S. value added to GDP by construction industry 2000-2022, Volume of completed buildings in Finland 2011-2021, Volume of completed buildings in Finland 2020, by building type, U.S. capital expenditures for construction companies 2006-2018, Annual sales of sand and gravel in Great Britain 2007-2022, Revenue of the construction industry in Italy 2019, by sector, Opinion on risk factors for the U.S. construction industry 2019, Environmental expenditures of construction industry in Turkey 2012-2016, Average monthly salary in the construction industry in Romania 2008-2020, Turnover of the building construction industry in Slovakia 2011-2020, Number of employees of Dura Vermeer 2014-2019, Turnover of the building construction industry in Spain 2011-2020, Number of housing construction permits in Jeju, South Korea 2011-2021. (May 17, 2023). Directly accessible data for 170 industries from 150+ countries Learn more about how Statista can support your business. [Online]. 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. If you are an admin, please authenticate by logging in again. Gross domestic product (GDP) is the standard measure of the value added created through the production of goods and services in a country during a certain period. In Italy, through the combined provision of the Next Generation EU, the React EU fund, the European Complementary Fund and the government-approved budget deficit, the Ministry of Infrastructure and Sustainable Mobility will have 61 billion ($72 billion) to invest. Get quick analyses with our professional research service. statistic alerts) please log in with your personal account. As soon as this statistic is updated, you will immediately be notified via e-mail. Growth in construction is outpacing global GDP in the post-Covid recovery. 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. Click on the weblink to download your file! In, OECD, und ITF. Show sources information International Comparison Program (ICP) - World Bank Group US GDP - Contribution of Construction Industry - YCharts Overall, the construction sector accounts for USD 1.7 trillion worldwide, and in most countries, it impacts 5-7% of the total GDP [14]. GDP from Construction - Countries - List - TRADING ECONOMICS Chained-dollar values of GDP by county are derived by applying national chain-type price indexes to the current dollar values of GDP by county for 65 detailed North American Industry Classification System-based industries. PDF 2023 Country Report - Hungary To use individual functions (e.g., mark statistics as favourites, set 160252. To use individual functions (e.g., mark statistics as favourites, set The utilities industry was the leading contributor to the county's growth. "Value added by the construction industry as a share of gross domestic product in the United States from 2000 to 2022." May 17, 2023. Read. Real values are inflation-adjusted statisticsthat is, these exclude the effects of price changes. You need at least a Starter Account to use this feature. Construction is the key ingredient of this phase, the subject of a strong demand built on two driving forces: sustainability and digitalization, the only forces that can put us on a better path toward innovation and development.. Accessed July 01, 2023. https://www.statista.com/statistics/788166/global-construction-market-value-by-region/, McKinsey. (2022). Rethinking lifestyles in major cities, supporting sustainable mobility to better protect the environment, and facilitating intelligent use of raw materials (like water) through more efficient infrastructure are the major issues currently lighting up the construction world and its revival. United Kingdom GDP From Construction 2023 Data - TRADING ECONOMICS In 2022, the country posted a GDP growth of 8.02 percent, much higher than 2.56 percent in 2021. Manufacturing Output by Country | MacroTrends Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Get quick analyses with our professional research service. Current-dollar statistics are valued in the prices of the period when the transactions occurredthat is, at "market value." Global Construction Industry Overview | Deloitte US dollars)." Middle East Construction Review 2021 - Linesight 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). 3. The road to recovery began in recent years, as can be seen in the propensity toward investment. 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). As soon as this statistic is updated, you will immediately be notified via e-mail. The Global Status Report for Buildings and Construction continued to evolve over the past five years, bringing . (March 30, 2023). Economic Commission for Latin America and the Caribbean. As a Premium user you get access to the detailed source references and background information about this statistic. 1.69tr EUR Detailed statistics Construction industry turnover in the EU 2011-2020, by segment Number of employees in building construction industry in the EU 4.01m Detailed statistics Number of. Top countries for Contribution to GDP of Construction - NationMaster GDP from Construction in the United States decreased to 568.40 USD Billion in the fourth quarter of 2022 from 573.50 USD Billion in the third quarter of 2022. 255353. Business Solutions including all features. Economic Commission for Latin America and the Caribbean. France GDP From Construction 2023 Data - 2024 Forecast - TRADING ECONOMICS Construction market size worldwide by region | Statista 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. Real gross domestic product (GDP) increased in 2,404 counties, decreased in 691 counties, and was unchanged in 17 counties in 2021, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA). SDR Interest Rate, Rate of Remuneration, Rate of Charge and Burden Sharing Adjustments. to incorporate the statistic into your presentation at any time. Contributions of construction to per cent growth in GDP (in percentage points) are over the preceding period, unless otherwise specified. 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). March 30, 2023. Direct access to our data from your apps using any programing language. As a Premium user you get access to background information and details about the release of this statistic. Foreign investment inflows are expected to remain . Of the $5.1 trillion (4.2 trillion) announced by US President Joe Biden for various development initiatives, at least $600 billion (502 billion) will go toward financing roads, bridges and railway lines. White label accounts can distribute our data. Country Profile - amaWebClient - UNSD Please create an employee account to be able to mark statistics as favorites. 2015). Learn more about how Statista can support your business. As a Premium user you get access to background information and details about the release of this statistic. Countries such as France, Italy and the UK will also see over 6% growth in the sector. 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. Show sources information The construction industry plays a significant role in most economies, particularly in that of developing countries. 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). Currently, you are using a shared account. OECD, & ITF. As a Premium user you get access to the detailed source references and background information about this statistic. Gross Domestic Product by County, 2022. However, real GDP by county does not capture geographic differences in the prices of goods and services that are produced and sold locally. Industry (including construction), value added (% of GDP) | Data In 2023, Italy will receive a record 135 billion ($161 billion) of investments in the construction sector, During 2021, investment in public works will increase by 20% compared to 2020, The Italian infrastructure gap is worth 100 billion ($119 billion), Centro Direzionale Milanofiori Strada 6 - Palazzo L - 20089, Via della Dataria, 22 - 00187 - Tel +39 06 67761 - Fax +39 06 677626288, Via Giulio Vincenzo Bona 65 - 00156 - Tel +39 06 417661 - Fax +39 06 41766720. [Online]. As a Premium user you get access to the detailed source references and background information about this statistic. Tajikistan Economic Update - Summer 2023 - World Bank Group You only have access to basic statistics. Because of the additional support now guaranteed by European funds, this recovery is now accelerating significantly. White label accounts can distribute our data. 2. "Global investment on inland transport infrastructure as share of GDP in 2021, by selected countries." The figures provided are from a survey that covers total gross investment (which is defined as new construction, extensions, reconstruction, renewal and major repair). GDP from Construction in France decreased to 26665 EUR Million in the first quarter of 2023 from 26929 EUR Million in the fourth quarter of 2022. Economy. The size of a county's economy as measured by GDP varies considerably across the United States. Statista. Liew Owing to its significant contribution to GDP and other sectors, the construction industry plays an important role in economic growth. IMF Data GDP by Country - Worldometer 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.

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