This report forecasts to 2023 population and the following global macroeconomic indicators in real (inflation-adjusted) US dollars: gross domestic product (GDP) and per capita GDP, personal consumption expenditures (PCE), retail sales, manufacturing value added (MVA), and construction expenditures. Forecasts for population and each macroeconomic indicator are also provided by region in terms of: North America, Western Europe, Asia/Pacific, and other regions. In addition, for the three main regions, each macroeconomic indicator is forecast for the largest economies within that region.
To illustrate historical trends, global, region, and major country indicators are provided for 2008, 2013, and 2018.
All estimates of gross domestic product and components of GDP are made in terms of constant purchasing power parity in a benchmark year (2017) that is one year before the base year (2018) used in this report. Purchasing power parity GDP estimates for the benchmark year are obtained from the OECD, Eurostat, the World Bank, the International Monetary Fund, the US Central Intelligence Agency, and selected other sources. These purchasing power parity GDP estimates for the benchmark year are based on gross domestic product data expressed in the individual countries' local currency, which are then converted to US dollars by valuing each country's output at US prices in the benchmark year.
A full outline of report items by page is available in the Table of Contents.
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