2019 Construction Inflation Rates & Skilled Construction worker

hourly Bill out Rate for the top 15 Major Countries:

The following is our latest forecast of 2019 Construction (Labor & Materials) Inflation Rates & Skilled
Construction hourly bill out hourly rates:

FYI our 2019 US / Global

Projected Skilled Construction worker (Welders,
Construction (Labor Pipefitters, Electrician etc.) hourly bill out Construction Yearbooks &
Ranking Country PDF’s are now available, we
& Materials) Inflation hourly rate in US $, incl field in-directs,
for the year 2019 construction equipment & O/H & P. have added the following cost
models:
1 USA 2.50% $46 - $ $85
2 China 2.70% $11 - $ $18 • LNG facility EPC costs.
3 Japan 1.30% $46 - $ $84 • Additional Square Foot / Square
4 Germany 1.80% $46 - $ $81 Meter Building costs.
Similar building as above constructed in following Countries:
5 UK 1.80% $41 - $ $66 • Various Manufacturing Facility
# COUNTRY CITY LOCATION FACTOR $ COST PER SQUARE FOOT $ COST PER M2
6 France 1.60% $41 - $ $65 cost models.
1 Brazil Uberaba 0.88 $248 $2,670
7 India 5.10% $7 - $ $9
2
3
China
France
Wuhan
Nantes
0.85
0.97
$240
$274
• Ethylene CAPEX$2,579
EPC facility cost
$2,943
8 Italy 4 1.50%
Germany Bremen $41
0.98 - $ $63 $276 metrics. $2,974
5 India Jamshedpur 0.86 $243 $2,610
9 Brazil 4.30% $12 - $ $16
6 Italy Turin 0.94 $265 • Open Shop All-In rate build up.
$2,852
7 Mexico Tampico 0.85 $240 $2,579
10 Canada 8
2.20%
Norway Bergen
$45
1.05
- $ $79 $296 $3,186
11 South Korea 9 1.80%
Spain Bilbao $28
0.92 - $ $44 $259 • Additional Pipeline
$2,792cost models.
10 Sweden Malmo 1.05 $296 $3,186
12 Australia 11 2.50%
Switzerland Fribourg $43
1.06 - $ $57 $299 • Various Infrastructure,
$3,216 highways
12 Turkey Izmir 0.90 $254 $2,731
13 Russia 13 4.60%
UK Bristol $17
1.02 - $ $27 $288 & bridges cost models.
$3,095
14 USA Trenton, NJ 1.00 $282 $3,036
14 Spain 2.30% $28 - $ $41 • Underground & Overhead Electric
For additional location factors refer to Compass International’s 2015 Global Construction Yearbook
Transmission (15th
cost Edition)
metrics.
15 Mexico 3.80% $12 - $ $19
or visit http://www.compassinternational.net/product/2015-global-construction-costs-yearbook/
Please send us an e mail if you would like an excel spreadsheet for this cost model.

For additional benchmarks and similar types of construction costs refer to refer to our 2019 Global Construction Costs Yearbook
If you have any questions or comments on this report
please contact:

John G. McConville, CCP View our annual cost COMPASS INTERNATIONAL

Operations Director - Compass International estimating yearbooks at (215) 504 9777
Telephone in the USA (609) 577 4505 www.compassinternational.net
sales@compassinternational.net www.compassinternational.net
sales@compassinternational.net
www.compassinternational.net