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OECD Countries Spend 1% of GDP on Road and Rail Infrastructure on Average

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The latest update of annual transport infrastructure investment and maintenance data collected by the International Transport Forum at the OECD shows that for the last 15 years:

  • Investment in inland transport infrastructure has remained constant at 0.8% of GDP for the OECD (excluding Japan) and the volume of investment has grown 30%; 
  • In North America and Western Europe the GDP shares for investments in road, rail and inland waterways are constant, whereas in many developing and transition economies transport investment as a share of GDP is increasing; 
  • Western European economies have invested increasingly in rail while in Central and Eastern European countries the focus is on roads; 
  • While record investment levels were reached in Central and Eastern European countries in 2009, the latest data show decline for the first time (-11% in real terms in 2010).