Over the next ten years nearly 100 trillion will be spent on global construction
Over the next ten years nearly 100 trillion will be spent on global construction We expect global construction to grow by 67% from $7.2 trillion today to $12 trillion in 20201. Growth in China, India and the US will generate 54% of the $4.8 trillion increase in global construction output. A total of $97.7 trillion will be spent on construction globally during the next decade and by 2020 construction will account for 13.2% of world GDP.
Source: nextbigfuture.com
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