
Fernando de Querol Cumbrera
Research expert covering construction, loans, leasing, savings, and debt
Get in touch with us nowAs a share of the country’s GDP, China’s average infrastructure spending in 2022 was nearly 10 times higher than that of the United States. Indeed, at 4.8 percent of its GDP, China's investments were significantly higher than anywhere else in the world. By comparison, investments in Central & Eastern Europe - the CEE region - were relatively higher than those in their Western European counterparts.
The construction industry plays a significant role in most economies. The reason for that is that public investment into essential infrastructure enables the economy to function properly and be well connected. Without transportation and energy infrastructure, which were the two types of infrastructure with the highest construction spending in the U.S., or telecommunication networks, such as 5G base stations, many industries could not perform their activities.
Despite the importance of infrastructure for the wellbeing of communities, infrastructure investment is sub par in many countries across the world. As of 2020, projected infrastructure spending was estimated to be unable to fulfill spending needs in the United States, where the aging infrastructure is in dire need of repair. Although as seen here, China was the country with the highest investment in infrastructure relative to its GDP, as of 2019, it also has higher projected infrastructure needs than most regions.
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Everything on "Infrastructure in the United States" in one document: edited and divided into chapters, including detailed references.
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Infrastructure construction
Infrastructure quality
Transportation infrastructure
Energy infrastructure
Water infrastructure
Waste management infrastructure
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