Global infrastructure is entering an unprecedented investment cycle, with annual spending forecast to rise from $4.4 trillion in 2024 to $6.9 trillion in 2050, according to PwC’s Global Infrastructure Outlook.
Across the period, cumulative global investment is forecast to reach $151.1 trillion as countries modernize transport, power and industrial systems to meet the demands of artificial intelligence (AI), electrification and urbanization.
In real terms, the forecast suggests global infrastructure spending over the next 25 years will be double that of the past 20 years, although comparable data is unavailable before that period.
PwC’s analysis is the first of its kind to offer long-term infrastructure spending forecasts through 2050 for nine sectors, 20 subsectors, and 45 countries and territories, which represent 88 percent of global economic output. It draws on the past 20 years of spending data and models future spending based on economic and policy fact
