Released: January 24, 2017 Commodity Unit 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2030 Update Frequency . World’s Largest Economies in 2030. GDP growth (annual %) GDP (constant 2010 US$) GDP (constant LCU) GDP: linked series (current LCU) GDP, PPP (constant 2017 international $) GDP (current LCU) GDP, PPP (current international $) GDP per capita growth (annual %) Download. DataBank is an analysis and visualisation tool that contains collections of time series data on a variety of topics where you can create your own queries, generate tables, charts and maps and easily save, embed and share them iv Acronyms bbl barrel of oil. WF01. Oil price forecast for 2021, 2022, 2023 and 2024. This peak will then be followed by a relatively steep decline. Oil demand has increased by 30% over the past 20 years, and the next 20 years are likely to prove crucial, with reliance on oil expected to peak between 2030 and 2035 if countries stick to their current low-carbon pledges, although that peak could come as soon as 2025 if the world was to increase its focus on reducing emissions. Detailed forecast table. Figure 1-4: Fossil fuel price forecasts in 2016 USD/GJ based on World Bank forecast prices ($/GJ). Accessed Oct. 8, 2020. The forecast anticipates a slow recovery Brent crude oil prices will average $41.42 per barrel in 2020 and $49.53 per barrel in 2021 according to the most recent forecast from the US Energy Information Administration's (EIA) monthly Short-Term Energy Outlook. The World Bank’s Commodity Markets Outlook is published quarterly, in January, April, July and October. Go to Resource. The World Bank EdStats Query holds around 2,500 internationally comparable education indicators for access, progression, completion, literacy, teachers, population, and expenditures. Price forecasts to 2025 for 46 commodities are presented along with historical price data. "Forecasting the Price of Oil… Label. In a nutshell, the outlook for the global economy has darkened, amid slowing activity and heightened downside risks. World Bank national accounts data, and OECD National Accounts data files. Annual GDP Growth (%) Nigeria. Short-Term Energy Outlook Released: the first Tuesday following the first Thursday of each month. "World Crude Oil Prices." That number jumps to 95% by 2050. The first WEO was published in 1977 and it has been an annual publication since 1998. Oil price outlook to 2030 Executive Summary • Strong world GDP growth from 2002 to 2007 led to a steady rise in global oil demand. Petroleum Product Supply/Demand Analysis for Asia (for 2010 and 2015) 4.1 Petroleum Product Demand Forecast for Asia.....21 4.2 Refining capacity analysis for Asia and the world.....25 4.3 … Published every year based on objective data and dispassionate analysis, The World Energy Outlook (WEO) provides critical analysis and insights on trends in energy demand and supply, and what they mean for energy security, environmental protection and economic development.. Release Date: April 26, 2017. Dots represent years with data points. Source Type: World Bank Group. Explore raw data about the World Bank's finances - slice and dice datasets; visualize data; share it with other site users or through social networks; or take it home with a mobile app. Finances. The World Bank’s Agricultural Price Index declined nearly 2 percent in 2019Q3 and stands more than 3 percent lower than a year ago. Major Bank Slashes Oil Price Forecast By $16 By Irina Slav - Mar 10, 2020, 10:30 AM CDT Barclays has become the latest bank to revise its oil price outlook for this year. The oil market has been under pressure in 2020, with the spot price for WTI crude oil declining by 20% since January as the COVID-19 pandemic has caused global demand to shrivel up. World Bank. The Chart of the Week is a weekly Visual Capitalist feature on Fridays.. Today’s emerging markets are tomorrow’s powerhouses, according to a recent forecast from Standard Chartered, a multinational bank headquartered in London.. The indicators cover the education cycle from pre-primary to tertiary education. HOME; PUBLICATIONS; STATISTICS; ISTA Mielke GmbH; CONTACT; serving the world‘s oilseed, oil, fat and feed industries, trade, organisations, banks and government … OIL WORLD Independent Global Market Analyses & Forecasts Since 1958 Toggle navigation. Board of Governors of the Federal Reserve System. Resource Type: Landing page. Brent crude oil prices have declined 70 percent from their January peak, and a historically large production cut by the Organization of the Petroleum Exporting Countries and other oil producers failed to lift prices in April. A.1 World ank commodities price data 20 A.2 World ank commodities price forecast in nominal U.S. dollars 22 A.3 World ank commodities price forecast in real 2010 U.S. dollars 23 A.4 World ank indices of commodity prices and inflation, 2010 = 100 24 Tables. By 2030, world demand is seen driving Brent prices to $98/b. Aluminum price is expected to decrease to $1,760 per metric tonne in 2020 from an average of $1,790/mt in 2019 and rebound to $1,800/mt in 2021 as projected by the World Bank. License: CC BY-4.0 Line Bar Map. Other. Last Updated . Expand all Collapse all. Commodity Markets. Time Periods: June, 2017. 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