IvanStat

Construction in China

Construction of China, 1970-2015

During 1970-2015 construction of China in current prices increased by 744.0 billion US dollars (in 217.8 times) to 747.4 billion US dollars; change occurred by 2.4 billion US dollars by increasing of people by 568.4 million, as well as by 741.6 billion US dollars by increasing of construction per capita by 538.9 US dollars. The average annual growth of construction of China was 16.5 billion US dollars or 12.7%. The average annual growth of construction of China in constant prices was 9.4%. Share in the world increased by 16.9%. Share in Asia rose by 32.4%. Minimal construction was in 1970 (3.4 billion US dollars). Maximal construction was in 2015 (747.4 billion US dollars).

During 1970-2015 construction per capita in China increased by 538.9 US dollars (in 127.8 times) to 543.2 US dollars. The average annual growth of construction per capita in current prices was 12.0 US dollars or 11.4%.

Construction of China, 1970

Construction of China in 1970 was equal to 3.4 billion US dollars, ranked 11th in the world and was on par with construction of Australia (3.5 bln. US dollars), construction of Mexico (3.3 bln. US dollars), construction of the Netherlands (3.3 bln. US dollars). Share of China in the world construction was 1.6%.

Construction per capita in China in 1970 was worth 4.2 US dollars, ranked 159th in the world and was on par with construction per capita in Afghanistan (4.2 US dollars). Construction per capita in China was less than construction per capita in the World (58.4 US dollars) by 54.2 US dollars.

Comparison of construction in China and the neighbors in 1970. Construction of China was greater than construction of India (2.8 billion US dollars), construction of South Korea (0.4 billion US dollars), construction of Viet Nam (0.1 billion US dollars), construction of Myanmar (0.0 billion US dollars), but was less than construction of Japan (15.4 billion US dollars). Construction per capita in China was greater than construction per capita in Viet Nam (2.0 US dollars), construction per capita in Myanmar (1.6 US dollars), but was less than construction per capita in Japan (148.2 US dollars), construction per capita in South Korea (13.2 US dollars), construction per capita in India (5.1 US dollars).

Comparison of construction in China and leaders in 1970. Construction of China was greater than construction of India (2.8 billion US dollars) by 21.7%, but was less than construction of the United States (51.8 billion US dollars) in 15.1 times, construction of Japan (15.4 billion US dollars) in 4.5 times, construction of the United Kingdom (8.4 billion US dollars) in 2.4 times. Construction per capita in China was less than construction per capita in the United States (247.5 US dollars) in 58.2 times, construction per capita in the United Kingdom (150.7 US dollars) in 35.5 times, construction per capita in Japan (148.2 US dollars) in 34.9 times, construction per capita in India (5.1 US dollars) by 20.3%.

Potential construction of China in 1970. With construction per capita at the level of the United States (247.5 US dollars), construction of China would be 199.9 billion US dollars, it is in 58.2 times more than the actual level. With construction per capita at the level of Japan (148.2 US dollars), as the best neighbor, construction of China would be 119.7 billion US dollars, it is in 34.9 times more than the actual level. With construction per capita at the level of the World (58.4 US dollars), construction of China would be 47.2 billion US dollars, it is in 13.8 times more than the actual level. With construction per capita at the level of Eastern Asia (20.6 US dollars), construction of China would be 16.6 billion US dollars, it is in 4.8 times more than the actual level. With construction per capita at the level of Asia (13.8 US dollars), construction of China would be 11.2 billion US dollars, it is in 3.3 times more than the actual level.

Construction of China, 2015

Construction of China in 2015 was 747.4 billion US dollars, ranked 1st in the world and was on par with construction of the United States (732.1 bln. US dollars). Share of China in the world construction was 18.5%.

Construction per capita in China in 2015 was 543.2 US dollars, ranked 81st in the world and was on par with construction per capita in Dominican Republic (567.5 US dollars), construction per capita in Lebanon (551.7 US dollars), construction per capita in Barbados (541.0 US dollars), construction per capita in Cook Islands (541.0 US dollars), construction per capita in Costa Rica (520.5 US dollars). Construction per capita in China was less than construction per capita in the World (550.1 US dollars) by 6.9 US dollars.

Comparison of construction in China and the neighbors in 2015. Construction of China was greater than construction of Japan (257.6 billion US dollars), construction of India (158.5 billion US dollars), construction of Russia (86.7 billion US dollars), construction of South Korea (64.3 billion US dollars), construction of Kazakhstan (11.0 billion US dollars), construction of Viet Nam (10.5 billion US dollars), construction of Myanmar (3.8 billion US dollars). Construction per capita in China was greater than construction per capita in India (120.9 US dollars), construction per capita in Viet Nam (112.5 US dollars), construction per capita in Myanmar (71.1 US dollars), but was less than construction per capita in Japan (2 035.5 US dollars), construction per capita in South Korea (1 278.8 US dollars), construction per capita in Kazakhstan (626.3 US dollars), construction per capita in Russia (604.4 US dollars).

Comparison of construction in China and leaders in 2015. Construction of China was greater than construction of the United States (732.1 billion US dollars) by 2.1%, construction of Japan (257.6 billion US dollars) in 2.9 times, construction of India (158.5 billion US dollars) in 4.7 times, construction of the United Kingdom (155.7 billion US dollars) in 4.8 times. Construction per capita in China was greater than construction per capita in India (120.9 US dollars) in 4.5 times, but was less than construction per capita in the United Kingdom (2 406.5 US dollars) in 4.4 times, construction per capita in the United States (2 275.2 US dollars) in 4.2 times, construction per capita in Japan (2 035.5 US dollars) in 3.7 times.

Potential construction of China in 2015. With construction per capita at the level of the United Kingdom (2 406.5 US dollars), construction of China would be 3 311.4 billion US dollars, it is in 4.4 times more than the actual level. With construction per capita at the level of Japan (2 035.5 US dollars), as the best neighbor, construction of China would be 2 800.9 billion US dollars, it is in 3.7 times more than the actual level. With construction per capita at the level of Eastern Asia (681.6 US dollars), construction of China would be 937.9 billion US dollars, it is by 25.5% more than the actual level. With construction per capita at the level of the World (550.1 US dollars), construction of China would be 757.0 billion US dollars, it is by 1.3% more than the actual level.

Size of construction in China

Construction in China, bln. US dollars
Prices197019801990200020102015
current prices3.413.118.066.8402.6747.4
constant prices19703.46.414.839.6130.7196.5
20056.712.629.177.7256.3385.4
Picture. China: construction Picture. Construction: share of China in the world

construction in China and its neighbors, bln. $
Country197019801990200020102015
China3.413.118.066.8402.6747.4
Japan15.497.2297.2348.3309.4257.6
India2.88.417.727.9140.9158.5
Russia53.515.085.286.7
South Korea0.414.423.930.350.764.3
Kazakhstan3.40.9511.411.0
Viet Nam0.0880.0760.241.67.110.5
Myanmar0.0450.0990.0940.131.93.8

construction in China and leaders, bln. $
Country197019801990200020102015
China3.413.118.066.8402.6747.4
United States51.8130.8250.5462.3541.6732.1
Japan15.497.2297.2348.3309.4257.6
India2.88.417.727.9140.9158.5
United Kingdom8.436.171.887.0124.8155.7
Picture. China: share of construction in economy

Growth of construction in China

Picture. China: construction, growth Picture. China: construction, growth

construction per capita in China

Picture. China: construction per capita Picture. China: construction per capita

construction per capita in China and its neighbors, $
Country197019801990200020102015
Japan148.2838.42 431.12 770.42 429.92 035.5
South Korea13.2117.4556.8655.11 033.21 278.8
Kazakhstan203.463.3699.2626.3
Russia362.7102.3595.3604.4
China4.213.415.652.7300.3543.2
India5.112.120.426.5114.5120.9
Viet Nam2.01.43.519.880.6112.5
Myanmar1.62.92.32.837.071.1

construction per capita in China and leaders, $
Country197019801990200020102015
United Kingdom150.7642.21 257.91 477.31 989.32 406.5
United States247.5569.7990.91 634.21 747.82 275.2
Japan148.2838.42 431.12 770.42 429.92 035.5
China4.213.415.652.7300.3543.2
India5.112.120.426.5114.5120.9

© Ivan Kushnir

Special offer

17 research books with $500 discount. All main macroeconomic indicators in the world, all regions and all countries from 1970 to 2015.

$2900