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Construction in the World

Construction of the World, 1970-2015

During 1970-2015 construction of the World in current prices increased by 3 827.0 billion US dollars (in 18.8 times) to 4 042.1 billion US dollars; change occurred by 214.4 billion US dollars by increasing of people by 3 668.1 million, as well as by 3 612.6 billion US dollars by increasing of construction per capita by 491.7 US dollars. The average annual growth of construction of the World was 85.0 billion US dollars or 6.7%. The average annual growth of construction of the World in constant prices was 1.4%. Minimal construction was in 1970 (215.0 billion US dollars). Maximal construction was in 2014 (4 292.4 billion US dollars).

During 1970-2015 construction per capita in the World increased by 491.7 US dollars (in 9.4 times) to 550.1 US dollars. The average annual growth of construction per capita in current prices was 10.9 US dollars or 5.1%.

Change of construction of the World described by linear regression model: y=85.0x-167 726.1, where y - estimated value of construction of the World, x - year. Correlation rate = 0.95. Determination rate = 0.903.

Construction of the World, 1970

Construction of the World in 1970 was worth 215.0 billion US dollars.

Construction per capita in the World in 1970 was equal to 58.4 US dollars.

Construction of the World in 1970 consisted of construction of the United States (24.1%), construction of USSR (15.5%), construction of Germany (7.9%), construction of Japan (7.1%), construction of France (4.9%), and others (40.5%).

Construction of the World, 2015

Construction of the World in 2015 was 4 042.1 billion US dollars.

Construction per capita in the World in 2015 was worth 550.1 US dollars.

Construction of the World in 2015 consisted of construction of China (18.5%), construction of the United States (18.1%), construction of Japan (6.4%), construction of India (3.9%), construction of the United Kingdom (3.9%), and others (49.2%).

Size of construction in the World

Construction in the World, bln. US dollars
Prices197019801990200020102015
current prices215.0806.31 398.81 751.93 471.64 042.1
constant prices1970215.0253.6307.9323.1359.8409.6
20051 550.71 828.72 220.22 329.72 594.22 953.6
Picture. World: construction

Growth of construction in the World

Picture. World: construction, growth Picture. World: construction, growth

construction per capita in the World

Picture. World: construction per capita

Rating of construction in the World

Rating of construction in the World, 2015
#Areabln. US dollars%
World4 042.1100
regions
1Asia1 684.941.7
2Americas1 184.329.3
3Europe932.223.1
4Africa129.63.2
5Oceania111.12.7
subregions
1Eastern Asia1 099.027.2
2Northern America847.221.0
3Western Europe370.29.2
4Northern Europe241.36.0
5Southern Asia224.05.5
6South America221.25.5
7Western Asia176.84.4
8South-Eastern Asia165.24.1
9Eastern Europe161.84.0
10Southern Europe158.93.9
11Australia and New Zealand107.62.7
12Central America99.02.4
13Northern Africa45.21.1
14Western Africa28.50.70
15Eastern Africa23.90.59
16Central Asia19.90.49
17Middle Africa18.70.46
18Caribbean16.90.42
19Southern Africa13.30.33
20Melanesia3.20.078
21Polynesia0.300.0074
22Micronesia0.0440.0011
countries
1 China747.418.5
2 United States732.118.1
3 Japan257.66.4
4 India158.53.9
5 United Kingdom155.73.9
6 Germany138.43.4
7 France117.72.9
8 Canada114.72.8
9 Australia98.62.4
10 Indonesia89.12.2
11 Russia86.72.1
12 Brazil84.72.1
13 Mexico82.72.0
14 Italy77.71.9
15 South Korea64.31.6
16 Spain60.51.5
17 Saudi Arabia43.91.1
18 United Arab Emirates40.10.99
19 Iran36.40.90
20 Switzerland35.80.88
21 Poland33.20.82
22 Netherlands31.10.77
23 Turkey30.30.75
24 Argentina29.50.73
25 Venezuela28.80.71
26 Colombia28.30.70
27 Sweden25.80.64
28 Belgium22.10.55
29 Norway22.00.54
30 Austria21.50.53
31 Philippines19.50.48
32 Algeria18.40.45
33 Chile18.10.45
34 Nigeria18.00.45
35 Israel15.50.38
36 Egypt15.30.38
37 Singapore14.20.35
38 Bangladesh13.90.34
39 Malaysia13.90.34
40 Romania13.20.33
41 Hong Kong13.10.32
42 Iraq12.90.32
43 Finland12.50.31
44 Denmark12.20.30
45 Peru12.10.30
46 Angola12.00.30
47 South Africa11.40.28
48 Thailand11.10.27
49 Kazakhstan11.00.27
50 Ecuador10.70.27
51 Viet Nam10.50.26
52 Czech Republic9.50.24
53 New Zealand9.00.22
54 Panama8.60.21
55 Portugal7.10.17
56 Ireland6.70.17
57 Azerbaijan6.40.16
58 Qatar6.30.16
59 Tanzania6.20.15
60 Slovakia6.20.15
61 Ethiopia6.10.15
62 Sri Lanka6.10.15
63 Dominican Republic6.00.15
64 Morocco5.70.14
65 Oman5.40.13
66 Pakistan5.30.13
67 Ghana5.30.13
68 Uruguay5.10.13
69 Cuba4.70.12
70 Belarus4.50.11
71 Uzbekistan4.20.11
72 Hungary4.20.10
73 Greece4.10.10
74 Myanmar3.80.095
75 Sudan3.50.086
76 Kuwait3.30.082
77 Lebanon3.20.080
78 Turkmenistan3.10.078
79 Kenya3.10.076
80 Lithuania2.70.067
81 Luxembourg2.60.064
82 Costa Rica2.50.062
83 Haiti2.50.062
84 Guatemala2.50.061
85 Bahrain2.30.057
86 Zambia2.30.056
87 Paraguay2.20.053
88 Croatia2.10.052
89 Papua New Guinea2.10.052
90 Ukraine2.00.051
91 Slovenia2.00.050
92 Cameroon2.00.048
93 Bulgaria1.90.048
94 Uganda1.80.045
95 Tunisia1.80.045
96 Cambodia1.80.044
97 Serbia1.70.042
98 Afghanistan1.60.041
99 Jordan1.60.040
100 Macao1.60.038
101 Latvia1.50.038
102 Equatorial Guinea1.50.037
103 Nepal1.40.034
104 Côte d'Ivoire1.30.032
105 Northen Korea1.30.032
106 D.R. of the Congo1.20.030
107 Estonia1.20.030
108 Albania1.20.030
109 Yemen1.10.028
110 Puerto Rico1.10.026
111 Honduras1.10.026
112 Armenia1.000.025
113 Bolivia0.980.024
114 Georgia0.960.024
115 Syria0.960.024
116 Botswana0.940.023
117 Jamaica0.940.023
118 Laos0.940.023
119 New Caledonia0.930.023
120 Tajikistan0.930.023
121 Iceland0.880.022
122 South Sudan0.860.021
123 Gabon0.840.021
124 El Salvador0.830.021
125 Nicaragua0.770.019
126 Eritrea0.730.018
127 Namibia0.700.017
128 Macedonia0.690.017
129 Palestine0.670.016
130 Cyprus0.620.015
131 Bosnia and Herzegovina0.610.015
132 Rwanda0.590.015
133 Mali0.580.014
134 Benin0.580.014
135 Senegal0.560.014
136 Burkina Faso0.560.014
137 Bahamas0.560.014
138 Kyrgyzstan0.550.014
139 Monaco0.540.013
140 Congo0.540.013
141 Chad0.510.013
142 Guinea0.510.013
143 Mongolia0.490.012
144 Maldives0.490.012
145 Liechtenstein0.480.012
146 Mauritius0.450.011
147 Suriname0.440.011
148 Kosovo0.440.011
149 Zimbabwe0.420.010
150 Libya0.410.010
151 Malta0.370.0092
152 Mauritania0.360.0090
153 Bhutan0.350.0086
154 Mozambique0.340.0085
155 Brunei Darussalam0.320.0079
156 Madagascar0.290.0072
157 Malawi0.280.0070
158 Guyana0.270.0067
159 Moldova0.230.0057
160 Djibouti0.220.0055
161 Niger0.220.0054
162 Togo0.220.0053
163 Greenland0.190.0048
164 Bermuda0.190.0046
165 French Polynesia0.180.0044
166 Curaçao0.170.0043
167 Swaziland0.170.0041
168 Barbados0.150.0038
169 Montenegro0.150.0038
170 Lesotho0.150.0037
171 Andorra0.150.0036
172 Cabo Verde0.140.0035
173 Saint Kitts and Nevis0.140.0035
174 Aruba0.140.0034
175 Timor-Leste0.130.0031
176 Antigua and Barbuda0.120.0029
177 Cayman Islands0.120.0029
178 Burundi0.110.0026
179 Fiji0.0990.0025
180 Samoa0.0800.0020
181 Saint Lucia0.0720.0018
182 Sint Maarten0.0690.0017
183 San Marino0.0630.0016
184 Gambia0.0540.0013
185 Liberia0.0540.0013
186 Grenada0.0520.0013
187 Belize0.0520.0013
188 British Virgin Islands0.0520.0013
189 St. Vincent and the Grenadines0.0510.0013
190 Somalia0.0490.0012
191 Sierra Leone0.0450.0011
192 Seychelles0.0430.0011
193 Central African Republic0.0360.0009
194 Turks and Caicos Islands0.0290.0007
195 Solomon Islands0.0280.0007
196 Tonga0.0280.0007
197 Anguilla0.0270.0007
198 Sao Tome and Principe0.0190.0005
199 Vanuatu0.0180.0005
200 Dominica0.0170.0004
201 Comoros0.0150.0004
202 Kiribati0.0120.0003
203 Cook Islands0.0110.0003
204 Guinea-Bissau0.0110.0003
205 Palau0.00930.0002
206 Marshall Islands0.00900.0002
207 FS Micronesia0.00830.0002
208 Nauru0.00460.0001
209 Montserrat0.00320.0001
210 Tuvalu0.00210.0001
Picture. World: structure of construction by regions, 2015, % Picture. World: structure of construction by subregions, 2015, % Picture. World: structure of construction by leaders, 2015, %

© Ivan Kushnir

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