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Global Macroeconomy

Global Macroeconomy

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.


HIGHLIGHTS
GLOBAL OVERVIEW & FORECASTS
GDP & Per Capita Income
Population
Personal Consumption Expenditures & Retail Sales
Manufacturing Value Added
Construction Expenditures
REGIONAL SEGMENTATION & FORECASTS
North America
Western Europe
Asia/Pacific
Other Regions
ABOUT THIS REPORT
Scope
Sources
Freedonia Methodology
Resources
LIST OF TABLES & FIGURES
Figure 1 | Global GDP Outlook by Region, 2018 - 2023
Figure 2 | Global GDP by Region, 2008 - 2023 (2017US$ bil)
Table 1 | Global GDP & Per Capita Income by Region, 2008 - 2023
Figure 3 | Real Global GDP Growth by Region, 2008 - 2018 (year-on-year % change)
Figure 4 | Real Global GDP by Region Performance Index, 2008 - 2023 (2008=100)
Figure 5 | Global Per Capita GDP by Region, 2008 - 2023 (2017US$)
Figure 6 | Global Population by Region, 2008 - 2023 (mil persons)
Table 2 | Global Population by Region, 2008 - 2023 (mil persons)
Figure 7 | Global Personal Consumption Expenditures by Region, 2008 - 2023 (2017US$ bil)
Table 3 | Global Personal Consumption Expenditures by Region, 2008 - 2023 (2017US$ bil)
Figure 8 | Global Retail Sales by Region, 2008 - 2023 (2017US$ bil)
Table 4 | Global Retail Sales by Region, 2008 - 2023 (2017US$ bil)
Figure 9 | Global Manufacturing Value Added by Region, 2008 - 2023 (2017US$ bil)
Table 5 | Global Manufacturing Value Added by Region, 2008 - 2023 (2017US$ bil)
Figure 10 | Global Manufacturing Value Added by Region, 2008 - 2023 (%)
Figure 11 | Global Construction Expenditures by Region, 2008 - 2023 (2017US$ bil)
Table 6 | Global Construction Expenditures by Region, 2008 - 2023 (2017US$ bil)
Figure 12 | Global Construction Expenditures by Region, 2008 - 2023 (%)
Figure 13 | North America: GDP by Country, 2008 - 2023 (2017US$ bil)
Table 7 | North America: GDP & Per Capita GDP by Country, 2008 - 2023
Figure 14 | North America: Per Capita GDP by Country, 2008 - 2023 (2017US$)
Table 8 | North America: Key Economic Indicators by Country, 2008 - 2023 (2017US$ bil)
Figure 15 | Western Europe: GDP for Largest Economies, 2008 - 2023 (2017US$ bil)
Table 9 | Western Europe: GDP & Per Capita GDP for Largest Economies, 2008 - 2023
Figure 16 | Western Europe: Per Capita GDP for Largest Economies, 2008 - 2023 (2017US$)
Table 10 | Western Europe: Key Economic Indicators for Largest Economies, 2008 - 2023 (2017US$ bil)
Figure 17 | Asia/Pacific: GDP for Largest Economies, 2008 - 2023 (2017US$ bil)
Table 11 | Asia/Pacific: GDP & Per Capita GDP for Largest Economies, 2008 - 2023
Figure 18 | Asia/Pacific: Per Capita GDP for Largest Economies, 2008 - 2023 (2017US$)
Table 12 | Asia/Pacific: Key Economic Indicators for Largest Economies, 2008 - 2023 (2017US$ bil)
Figure 19 | Other Regions: GDP by Region, 2008 - 2023 (2017US$ bil)
Table 13 | Other Regions: GDP & Per Capita GDP by Region, 2008 - 2023
Figure 20 | Other Regions: Per Capita GDP by Region, 2008 - 2023 (2017US$)
Table 14 | Other Regions: Key Economic Indicators by Region, 2008 - 2023 (2017US$ bil)

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