International Construction Cost Commentary - Rider Levett Bucknall

NEW ZEALAND
YEAR
2005 2006 2007 2008 (P) 2009 (F) 2010 (F)
GDP 2.7 % 2.0 % 2.6 % -0.5 % -0.4 % 1.9 %
GDP per Capita $30,833 $30,933 $31,535 $31,689 $31,811 $32,175
Exchange Rate (to 5 December to US$) 1.403 1.455 1.311 1.876
PPP rate 1.535 1.535 1.558 1.580 1.631 1.647
Inflation 3.2 % 2.6 % 3.2 % 4.0 % 2.3 % 2.1 %
Unemployment 3.7 % 3.8 % 3.6 % 4.0 % 5.4 % 6.0 %
SINGAPORE
YEAR
2005 2006 2007 2008 (P) 2009 (F) 2010 (F)
GDP 7.3 % 8.2 % 7.7 % 2.5 % 0.5 % 3.0 %
GDP per Capita $46,098 $48,328 $49,933 $50,854 $51,709 $53,478
Exchange Rate (to 5 December to US$) 1.689 1.543 1.448 1.526
PPP rate 1.079 1.052 1.066 1.092 1.098 1.098
Inflation 0.5 % 1.0 % 2.1 % 6.0 % 1.5 % N/A
Unemployment 3.1 % 2.7 % 2.4 % 3.5 % 3.5 % 3.0 %
UNITED KINGDOM
YEAR
2005 2006 2007 2008 (P) 2009 (F) 2010 (F)
GDP 1.8 % 2.9 % 3.1 % 0.8 % -1.1 % 0.9 %
GDP per Capita £19,528 £19,991 £20,512 £20,959 £20,891 £21,105
Exchange Rate (to 5 December to US$) 0.577 0.506 0.485 0.680
PPP rate 0.649 0.646 0.648 0.651 0.658 0.662
Inflation 2.0 % 2.3 % 2.5 % 2.1 % 2.0 % 2.0 %
Unemployment 4.8 % 5.4 % 5.4 % 5.4 % 6.0 % 5.4 %
USA
YEAR
2005 2006 2007 2008 (P) 2009 (F) 2010 (F)
GDP 3.1 % 2.9 % 2.2 % 1.4 % -0.9 % 1.6 %
GDP per Capita $37,141 $37,848 $38,306 $38,400 $38,045 $38,437
Exchange Rate (to 5 December to US$) 1.000 1.000 1.000 1.000 1.000 1.000
PPP rate 1.000 1.000 1.000 1.000 1.000 1.000
Inflation 3.4 % 3.2 % 2.9 % 2.0 % 1.8 % 1.7 %
Unemployment 5.1 % 4.6 % 4.6 % 5.6 % 6.9 % 6.3 %
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INTERNATIONAL CONSTRUCTION COST COMMENTARY: January 2009