In 2012, global construction spending was about:
Answer$4 trillion
Global construction spending roughly tripled over the following decade.
Source: Wikipedia: Construction (2012) en.wikipedia.org
Business · Facts & sources
Construction facts & stats
5 sourced facts about the construction industry, each with the context behind the number. 4 more are in today's round and appear here after it closes.
Going deeper
In 2017, the output of the global construction industry was estimated at about:
Answer$10.8 trillion
Rapid growth in Asia Pacific, Africa and the Middle East was expected to keep driving the industry higher.
Source: Wikipedia: Construction (2017) en.wikipedia.org
Expert level
As of 2018, the United States was the world's second-largest construction market, with output of about:
Answer$1.581 trillion
Only one country's construction market was larger than the U.S. at the time.
Source: Wikipedia: Construction (2018) en.wikipedia.org
In February 2020, about how much construction work was in progress in the US?
Answerabout $1.4 trillion
This was just before the pandemic disrupted construction activity worldwide.
Source: Wikipedia: Construction (2020) en.wikipedia.org
In 2019, construction accounted for about 20% of all worker fatalities in US private industry. About how many deaths was that?
Answer1,061
Construction is consistently one of the most hazardous major industries.
Source: Wikipedia: Construction (2019) en.wikipedia.org
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