ABSTRACT
This chapter describes and discusses the methods adopted in, and the results from, the 2011 International Comparison Program (ICP) construction survey. It summarises the main elements of the approach adopted by the ICP and describes how and why work on it evolved as it did. The chapter presents selected results from the ICP 2011 survey: construction purchasing power parities (PPP), construction price level indices and construction expenditures. It draws on the survey and its results and makes suggestions for the future conduct and analysis of international construction price surveys. Additional notes and images for materials and products and equipment were prepared by the World Bank Global Office and provided to survey respondents. The World Bank, through its ICP, is responsible for the production of PPPs for both national economies and for sub-components of gross domestic product for around 200 countries.
