“By 2022, built asset wealth is forecast to increase by 35 percent”
Economic measures such as human factors (population growth, unemployment or education), and financial indicators (GDP, interest rates or inflation) are some of the traditional methods used to define a country’s performance. However, these metrics tell only one side of the story.
“By 2022 China is projected to have accumulated US$75.7 trillion in built assets.”
The built environment is a huge proportion of a nation’s wealth. Governments all around the world recognize the value the built environment provides, from the positive economic impact of a new house, road or power station to the platform for economic growth that effective transportation links or quality office space provide.
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 percent of global GDP.