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Medium-term baseline scenario.(global economy)(Statistical table)

Publication: World Economic Outlook
Publication Date: 01-APR-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Table 44. Summary of World Medium-Term Baseline Scenario



Eight-Year Averages Four-Year Average 1988-95 1996-2003 2004-07 2004 percent change unless noted...

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... Annual otherwise World real GOP 3.2 3.7 4.9 5.3 Advanced economies 2.9 2.6 2.9 3.3 Other emerging market and 3.7 5.1 7.1 76.0 developing countries Memorandum Potential output Major advanced economies 2.6 2.6 2.6 2.6 World trade, volume (1) 6.6 6.1 8.3 10.4 Imports Advanced economies 6.4 5.9 6.6 8.9 Other emerging market and 6.5 6.9 13.2 15.8 developing countries Exports Advanced economies 6.8 5.3 6.6 8.5 Other emerging market and 6.9 7.9 11.8 14.6 developing countries Terms of trade Advanced economies -- -- -0.5 -0.1 Other emerging market and -1.2 0.6 2.1 2.2 developing countries World prices in U.S. dollars Manufactures 3.3 -1.6 3.4 9.6 Oil -0.7 6.7 21.5 30.7 Nonfuel primary commodities 2.2 -2.4 8.0 18.5 Consumer prices Advanced economies 3.7 1.9 2.2 2.0 Other emerging market and 65.2 9.4 5.3 5.7 developing countries Interest rates (in percent) Real six-month LIBOR (2) 3.4 2.7 1.5 -0.8 World real long-term interest 4.2 2.9 2.0 1.8 rate (3) Percent of GOP Balances on current account Advanced economies -0.1 -0.4 -1.4 -0.9 Other emerging market and -1.6 0.1 3.6 2.5 developing countries Total external debt Other emerging market and 34.1 39.9 30.5 34.9 developing countries Debt service Other emerging market and 4.5 6.4 5.0 5.5 developing countries Four-Year Average 2005 2006 2007 2008-11 Annual percent change unless otherwise noted World real GOP 4.8 4.9 4.7 4.6 Advanced economies 2.7 3.0 2.8 2.8 Other emerging market and 7.2 6.9 6.6 6.3 developing countries Memorandum Potential output Major advanced economies 2.6 2.5 2.5 2.5 World trade, volume (1) 7.3 8.0 7.5 7.3...

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