The Global Built Asset Wealth Index demonstrates the
distribution of the world’s wealth in terms of the physical
assets which contribute to a nation’s productivity. The
index illustrates the accumulation of buildings, infrastructure
and machinery and equipment to unveil the economic
divergence between 30 countries that represent 82 per cent
of global GDP. It also highlights how these disparities are
predicted to evolve in future. Produced by EC Harris and
informed by research conducted by the Centre for Economics
and Business Research (Cebr).
Total built asset wealth within the 30 countries is estimated at US$193 trillion in 2012
- this is equivalent to almost three times the US$68 trillion GDP of the same countries in
2012. By 2022, built asset wealth is forecast to increase by 35 per cent in real terms to
reach US$261 trillion.
In 2012, the USA was the wealthiest nation in terms of built assets, with total wealth
estimated at US$39.7 trillion. This is forecast to increase to US$47.2 trillion by 2022
- a rise of 19 per cent.
China is rapidly gaining on the USA and could become the owner of the world’s
biggest built wealth as early as 2014. For instance, by 2022 China is projected to have
accumulated US$75.7 trillion in built assets
In Europe, built asset growth is expected to be subdued at around 2.7 per cent over the
next decade. In some struggling Eurozone economies, investment is forecast to fall short
of asset depreciation, leading to a fall in the built asset stock.
Singapore has US$156,000 in built assets for every citizen, making Singaporeans the
wealthiest built asset citizens of all the 30 nations studied.
The UK’s built asset wealth of US$88,000 per person is 29 per cent lower than that of
other developed nations. This substantial gap suggests that the UK has significantly
underinvested in built assets over many years.
The fastest growth over the next decade is expected in the Middle East and Africa and
in Asian economies, as built assets are forecast to rise by 63 per cent in both regions.
This rapid expansion, combined with slower growth in the developed economies of
North America and Europe, will allow these regions to continue to close the built asset
wealth gap.
Source: EC Harris Built Asset Consultancy.
distribution of the world’s wealth in terms of the physical
assets which contribute to a nation’s productivity. The
index illustrates the accumulation of buildings, infrastructure
and machinery and equipment to unveil the economic
divergence between 30 countries that represent 82 per cent
of global GDP. It also highlights how these disparities are
predicted to evolve in future. Produced by EC Harris and
informed by research conducted by the Centre for Economics
and Business Research (Cebr).
Total built asset wealth within the 30 countries is estimated at US$193 trillion in 2012
- this is equivalent to almost three times the US$68 trillion GDP of the same countries in
2012. By 2022, built asset wealth is forecast to increase by 35 per cent in real terms to
reach US$261 trillion.
In 2012, the USA was the wealthiest nation in terms of built assets, with total wealth
estimated at US$39.7 trillion. This is forecast to increase to US$47.2 trillion by 2022
- a rise of 19 per cent.
China is rapidly gaining on the USA and could become the owner of the world’s
biggest built wealth as early as 2014. For instance, by 2022 China is projected to have
accumulated US$75.7 trillion in built assets
In Europe, built asset growth is expected to be subdued at around 2.7 per cent over the
next decade. In some struggling Eurozone economies, investment is forecast to fall short
of asset depreciation, leading to a fall in the built asset stock.
Singapore has US$156,000 in built assets for every citizen, making Singaporeans the
wealthiest built asset citizens of all the 30 nations studied.
The UK’s built asset wealth of US$88,000 per person is 29 per cent lower than that of
other developed nations. This substantial gap suggests that the UK has significantly
underinvested in built assets over many years.
The fastest growth over the next decade is expected in the Middle East and Africa and
in Asian economies, as built assets are forecast to rise by 63 per cent in both regions.
This rapid expansion, combined with slower growth in the developed economies of
North America and Europe, will allow these regions to continue to close the built asset
wealth gap.
Source: EC Harris Built Asset Consultancy.
