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Latin America: Mexico Emerges As Top Construction Market By 2022

Within our 10-year construction industry forecasts for Latin America, Mexico will surpass Brazil to become the largest market in nominal USD terms by 2022. Brazil will suffer from slow construction industry growth and a weaker currency outlook than its peers, while Mexico will benefit from robust economic growth and strong private investment supported by the country's favourable risk profile. Argentina and Colombia will switch places but remain the third and fourth largest markets in the region, supported by strong construction industry growth.

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Michelle Karavias

Deputy Head of Industry Research
Infrastructure | New York

Richard Marshall

Head of Infrastructure Research
Infrastructure | London