In 2023, Japan led global road infrastructure spending at €51.56 billion, showing a moderate growth of 2.09% year-over-year. South Korea recorded a notable increase of 3.15%, reaching €16.72 billion. Emerging economies like Azerbaijan and Czech Republic experienced the highest growth rates at 15.45% and 13.9% respectively, aiming to enhance road networks. Conversely, Bulgaria and Italy saw declines in spending by 6.22% and 0.67% respectively. Trends highlight significant investments in Eastern Europe and Asia, with sustainability and technology integration becoming key focuses in infrastructure projects globally. Expect advanced technology applications and sustainable practices to drive future spending and efficiency improvements.
Top countries in Road Infrastructure Spending by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 51,560,000,000 | 2023 | -0.19% | +2.09% | View data |
| 2 | 2 South Korea | 16,719,000,000 | 2023 | +1.85% | +3.15% | View data |
| 3 | 3 Italy | 13,446,000,000 | 2023 | +4.95% | -0.67% | View data |
| 4 | 4 France | 12,760,000,000 | 2023 | +0.27% | +0.81% | View data |
| 5 | 5 United Kingdom | 12,150,000,000 | 2023 | +0.89% | +2% | View data |
| 6 | 6 Canada | 10,771,000,000 | 2023 | -1.79% | +0.6% | View data |
| 7 | 7 Switzerland | 7,749,100,000 | 2023 | +1.35% | +3.87% | View data |
| 8 | 8 Sweden | 4,210,300,000 | 2023 | +3.43% | +3.59% | View data |
| 9 | 9 Poland | 4,044,200,000 | 2023 | +4.06% | +5.24% | View data |
| 10 | 10 Mexico | 3,795,300,000 | 2023 | +10.83% | +4.09% | View data |
