CIC - Construction Intelligence Center

Global Construction Outlook to 2022 (Q2 2018) - Highlights

  • Published:Tuesday, June 26, 2018


In its latest update of the global outlook, the Construction Intelligence Center (CIC) expects the pace of expansion in the global construction industry to average 3.6% a year over the forecast period (2018–2022), down slightly compared with 3.7% in the March 2018 forecast update.

 

In real value terms (measured at constant 2017 prices and US$ exchange rates), global construction output is forecast to rise to US$12.7 trillion in 2022, from US$10.6 trillion in 2017.

 

The global economy will continue to post healthy rates of growth in 2018–2019, and investor confidence will remain buoyant. The expected tightening in monetary policy in major markets in 2018 will start to push up the cost of borrowing, but with interest rates generally at or near historical lows, this tightening process is not expected to have a major impact on construction activity during the early part of the forecast period.

 

The Asia-Pacific region will continue to account for the largest share of the global construction industry, given that it includes the large markets of China, Japan and India.

To download the summary, please complete the request form opposite. Once submitted, you will see an option to ‘Download’.


Related Insights:


Download copy

Finally, complete a quick security check and confirm terms and conditions:

I consent to GlobalData collecting my details provided via this form

GlobalData uses the information in this form to provide you with occasional updates on new products and reports in accordance with your preferences. You are in control of the communications you receive from us and you can update your preferences anytime to make sure you are receiving information that matters to you. Please check our Privacy Policy to see how we protect and manage your submitted data.

GlobalData occasionally shares data, on a secure basis, with other reputable companies who may wish to contact you with information about products and services. If not required please uncheck this box.

Download