CIC - Construction Intelligence Center

Global Infrastructure Outlook to 2022 - Key Highlights

  • Published:Monday, May 14, 2018


The global infrastructure market totaled US$3.1 trillion in 2017, and is expected to reach US$4.4 trillion by 2022, growing (in nominal US$ terms) by 7.0% on an annual average basis, according to the Infrastructure Intelligence Center (InfraIC).

This represents a marked improvement on the performance over the past five years, when infrastructure investment plans were greatly disrupted in some regions. In the Middle East and North Africa, for example, the collapse in oil prices resulted in a scaling back in government investment, while in Eastern Europe there was a sharp decline in investment towards the end of the historical period (2013–2017), owing to a stalling in European Union (EU) funding.

 

The pace of growth in infrastructure construction output in advanced economies will average 4.8% a year on nominal US$ terms in 2018–2022. Growth in emerging markets will remain in excess of that in advanced economies over the forecast period, at 7.7% in nominal US$ terms.

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