World Macroeconomy

This report forecasts to 2020 the following world macroeconomic indicators in 2014 US dollars: gross domestic product (GDP), personal consumption expenditures (PCE), manufacturing value added (MVA), and construction expenditures. Forecasts for each indicator are also provided by region in terms of: Asia, North America, Western Europe, Middle East, Central and South America, Eastern Europe, Africa, and Pacific. Further, each regional indicator is forecast for major countries within that region. In addition, average world and regional per-capita GDP are forecasted to 2020. Lastly, PCE, MVA, and construction expenditures are presented as a share of world and each region’s GDP.

To illustrate historical trends all forecasted measures described above are provided in annual series from 2005 to 2015.

A one-page, introductory Highlights section summarizes key findings from this 45-page report, and a Resources section lists contributing sources as well as resources available for further research.

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