Table1.1PopulationbyregionmillionsSource:UnitedNations(UN),OPEC202120252030203520402045OECDAmericas525537551564575583OECDEurope580584586587586584OECDAsia-Pacific216215214211208205OECD1,3211,3361,3511,3621,3691,372LatinAmerica478492508522533541MiddleEast&Africa1,1651,2791,4301,5871,7491,912India1,4081,4551,5151,5681,6121,646China1,4261,4241,4161,4001,3781,350OtherAsia1,2451,3011,3681,4301,4861,535OPEC518558609660712762Russia145143141139137135OtherEurasia197196200202204205Non-OECD6,5816,8487,1877,5087,8098,086World7,9028,1848,5388,8709,1799,457Totalsmaynotaddupduetorounding.©2022OrganizationofthePetroleumExportingCountriesDisclaimer:Thedata,analysisandanyotherinformation(the“information”)containedintheWorldOilOutlookisforinfootherprofessional;norismeanttobeabenchmarkorinputdatatoabenchmarkofanykind.Whilstreasonableeffortshanowarrantiesorrepresentationsastoitsaccuracy,relevanceorcomprehensiveness,andassumesnoliabilityorresponsibordecisiontakenasaresultofusingorrelyingontheinformationintheWorldOilOutlook.TheviewsexpressedintheWorldOilOutlookarethoseoftheOPECSecretariatanddonotnecessarilyreflecttheviewsofOutlook,andtheuseandpresentationofdataandothermaterials,donotimplytheexpressionofanyopinionwhatsoeveauthorities,orconcerningtheexploration,exploitation,refining,marketingandutilizationofitspetroleumorotherenergyagreement,treaty,laworothertexts;orexpressinganylegalopinionsorhavingprobativelegalvalueinanyproceedings.Growth2021-2045594-125162747238-76290244-1081,5041,555intheWorldOilOutlookisforinformationalpurposesonlyandisneitherintendedasasubstituteforadvicefrombusiness,finance,inykind.WhilstreasonableeffortshavebeenmadetoensuretheaccuracyoftheinformationcontainedintheWorldOilOutlook,theOndassumesnoliabilityorresponsibilityforanyinaccuracy,errororomission,orforanylossordamagearisinginconnectionwithoraook.notnecessarilyreflecttheviewsofitsgoverningbodiesand/orindividualOPECMemberCountries.ThedesignationofgeographicalepressionofanyopinionwhatsoeveronthepartofOPECand/oritsMemberCountriesconcerningthelegalstatusofanycountry,terrionofitspetroleumorotherenergyresources.NothingintheWorldOilOutlookshallbeconstruedasinterpretingormodifyinganyletivelegalvalueinanyproceedings.advicefrombusiness,finance,investmentconsultantorintheWorldOilOutlook,theOPECSecretariatmakesarisinginconnectionwithorattributabletoanyactionedesignationofgeographicalentitiesintheWorldOilegalstatusofanycountry,territoryorarea,orofitsnterpretingormodifyinganylegalobligationsunderanyTable1.2Workingpopulation(age15-64)byregionmillionsSource:UN,OPEC202120252030203520402045OECDAmericas345350355359361363OECDEurope374373367359351342OECDAsia-Pacific135133130125118113OECD854857852843830818LatinAmerica324334343351354354MiddleEast&Africa6627408469561,0721,189India9509951,0431,0791,1021,117China986987972931867822OtherAsia8158559029429771,006OPEC311339377413447478Russia979493928985OtherEurasia129127129131131130Non-OECD4,2744,4704,7054,8955,0385,180World5,1295,3275,5575,7385,8685,998Totalsmaynotaddupduetorounding.©2022OrganizationofthePetroleumExportingCountriesDisclaimer:Thedata,analysisandanyotherinformation(the“information”)containedintheWorldOilOutlookisforinfootherprofessional;norismeanttobeabenchmarkorinputdatatoabenchmarkofanykind.Whilstreasonableeffortshanowarrantiesorrepresentationsastoitsaccuracy,relevanceorcomprehensiveness,andassumesnoliabilityorresponsibordecisiontakenasaresultofusingorrelyingontheinformationintheWorldOilOutlook.TheviewsexpressedintheWorldOilOutlookarethoseoftheOPECSecretariatanddonotnecessarilyreflecttheviewsofOutlook,andtheuseandpresentationofdataandothermaterials,donotimplytheexpressionofanyopinionwhatsoeveauthorities,orconcerningtheexploration,exploitation,refining,marketingandutilizationofitspetroleumorotherenergyagreement,treaty,laworothertexts;orexpressinganylegalopinionsorhavingprobativelegalvalueinanyproceedings.Growth2021-204518-32-23-3730527166-164191167-121906869intheWorldOilOutlookisforinformationalpurposesonlyandisneitherintendedasasubstituteforadvicefrombusiness,finance,inykind.WhilstreasonableeffortshavebeenmadetoensuretheaccuracyoftheinformationcontainedintheWorldOilOutlook,theOndassumesnoliabilityorresponsibilityforanyinaccuracy,errororomission,orforanylossordamagearisinginconnectionwithoraook.notnecessarilyreflecttheviewsofitsgoverningbodiesand/orindividualOPECMemberCountries.ThedesignationofgeographicalepressionofanyopinionwhatsoeveronthepartofOPECand/oritsMemberCountriesconcerningthelegalstatusofanycountry,terrionofitspetroleumorotherenergyresources.NothingintheWorldOilOutlookshallbeconstruedasinterpretingormodifyinganyletivelegalvalueinanyproceedings.advicefrombusiness,finance,investmentconsultantorintheWorldOilOutlook,theOPECSecretariatmakesarisinginconnectionwithorattributabletoanyactionedesignationofgeographicalentitiesintheWorldOilegalstatusofanycountry,territoryorarea,orofitsnterpretingormodifyinganylegalobligationsunderanyTable1.3NetmigrationbyregionmillionSource:UN,OPEC2020-20252025-20302030-20352035-20402040-2045OECDAmerica5.25.96.36.36.2OECDEurope5.81.73.33.43.5OECDAsia-Pacific1.41.51.51.51.5OECD12.59.111.111.211.1LatinAmerica-0.6-1.1-0.8-0.8-0.7MiddleEast&Africa-1.2-1.1-1.8-1.8-1.8India-1.8-2.4-2.4-2.5-2.5China-1.2-1.6-1.5-1.6-1.5OtherAsia-3.5-4.2-4.1-4.1-4.1OPEC-2.00.5-0.3-0.4-0.4Russia1.40.30.50.50.5OtherEurasia-3.40.6-0.5-0.5-0.5Non-OECD-12.4-9.0-11.1-11.2-11.1Totalsmaynotaddupduetorounding.©2022OrganizationofthePetroleumExportingCountriesDisclaimer:Thedata,analysisandanyotherinformation(the“information”)containedintheWorldOilOutlookisforinfobeabenchmarkorinputdatatoabenchmarkofanykind.Whilstreasonableeffortshavebeenmadetoensuretheaccuracomprehensiveness,andassumesnoliabilityorresponsibilityforanyinaccuracy,errororomission,orforanylossordamaTheviewsexpressedintheWorldOilOutlookarethoseoftheOPECSecretariatanddonotnecessarilyreflecttheviewsofpresentationofdataandothermaterials,donotimplytheexpressionofanyopinionwhatsoeveronthepartofOPECand/marketingandutilizationofitspetroleumorotherenergyresources.NothingintheWorldOilOutlookshallbeconstruedavalueinanyproceedings.WorldOilOutlookisforinformationalpurposesonlyandisneitherintendedasasubstituteforadvicefrombusiness,finance,investmnmadetoensuretheaccuracyoftheinformationcontainedintheWorldOilOutlook,theOPECSecretariatmakesnowarrantiesorression,orforanylossordamagearisinginconnectionwithorattributabletoanyactionordecisiontakenasaresultofusingorrelyingocessarilyreflecttheviewsofitsgoverningbodiesand/orindividualOPECMemberCountries.ThedesignationofgeographicalentitiesveronthepartofOPECand/oritsMemberCountriesconcerningthelegalstatusofanycountry,territoryorarea,orofitsauthorities,Outlookshallbeconstruedasinterpretingormodifyinganylegalobligationsunderanyagreement,treaty,laworothertexts;orexprembusiness,finance,investmentconsultantorotherprofessional;norismeanttoatmakesnowarrantiesorrepresentationsastoitsaccuracy,relevanceorasaresultofusingorrelyingontheinformationintheWorldOilOutlook.tionofgeographicalentitiesintheWorldOilOutlook,andtheuseandorarea,orofitsauthorities,orconcerningtheexploration,exploitation,refining,y,laworothertexts;orexpressinganylegalopinionsorhavingprobativelegalTable1.4Medium-termannualrealGDPgrowthrate%p.a.Source:OPEC2021202220232024202520262027OECDAmericas5.63.22.22.02.01.91.9OECDEurope6.13.02.11.81.71.61.5OECDAsia-Pacific3.02.41.91.41.31.31.2OECD5.43.02.11.81.81.71.6LatinAmerica7.12.12.12.22.32.42.5MiddleEast&Africa3.42.93.23.23.33.43.5India8.17.16.06.16.26.26.2China8.15.15.05.15.25.14.9OtherAsia3.94.34.34.34.54.54.4OPEC3.35.03.02.82.82.93.0Russia4.7-6.01.21.61.61.51.5OtherEurasia4.9-0.43.13.02.52.52.4Non-OECD6.23.94.24.24.34.34.3World5.83.53.23.23.23.23.1Totalsmaynotaddupduetorounding.©2022OrganizationofthePetroleumExportingCountriesDisclaimer:Thedata,analysisandanyotherinformation(the“information”)containedintheWorldOilOutlookisforinfoprofessional;norismeanttobeabenchmarkorinputdatatoabenchmarkofanykind.Whilstreasonableeffortshavebeeorrepresentationsastoitsaccuracy,relevanceorcomprehensiveness,andassumesnoliabilityorresponsibilityforanyinresultofusingorrelyingontheinformationintheWorldOilOutlook.TheviewsexpressedintheWorldOilOutlookarethoseoftheOPECSecretariatanddonotnecessarilyreflecttheviewsofandtheuseandpresentationofdataandothermaterials,donotimplytheexpressionofanyopinionwhatsoeveronthepconcerningtheexploration,exploitation,refining,marketingandutilizationofitspetroleumorotherenergyresources.Nolaworothertexts;orexpressinganylegalopinionsorhavingprobativelegalvalueinanyproceedings.2.22.01.62.02.33.26.35.14.43.30.22.24.23.2Average2021-2027intheWorldOilOutlookisforinformationalpurposesonlyandisneitherintendedasasubstituteforadvicefrombusiness,finance,in.WhilstreasonableeffortshavebeenmadetoensuretheaccuracyoftheinformationcontainedintheWorldOilOutlook,theOPECSeoliabilityorresponsibilityforanyinaccuracy,errororomission,orforanylossordamagearisinginconnectionwithorattributabletoanotnecessarilyreflecttheviewsofitsgoverningbodiesand/orindividualOPECMemberCountries.ThedesignationofgeographicaleofanyopinionwhatsoeveronthepartofOPECand/oritsMemberCountriesconcerningthelegalstatusofanycountry,territoryorareumorotherenergyresources.NothingintheWorldOilOutlookshallbeconstruedasinterpretingormodifyinganylegalobligationsnyproceedings.frombusiness,finance,investmentconsultantorotherOilOutlook,theOPECSecretariatmakesnowarrantieswithorattributabletoanyactionordecisiontakenasanationofgeographicalentitiesintheWorldOilOutlook,ycountry,territoryorarea,orofitsauthorities,oringanylegalobligationsunderanyagreement,treaty,Table1.5Long-termannualrealGDPgrowthrate%p.a.Source:UN,OPEC2021-20272027-20352035-20452021-2045OECDAmericas2.22.02.02.1OECDEurope2.01.31.11.4OECDAsia-Pacific1.61.21.01.2OECD2.01.61.51.7LatinAmerica2.32.21.72.0MiddleEast&Africa3.23.84.43.9India6.36.45.76.1China5.14.12.83.8OtherAsia4.43.93.03.6OPEC3.33.23.23.2Russia0.21.61.31.1OtherEurasia2.22.72.32.4Non-OECD4.24.03.43.8World3.23.02.73.0Totalsmaynotaddupduetorounding.©2022OrganizationofthePetroleumExportingCountriesDisclaimer:Thedata,analysisandanyotherinformation(the“information”)containedintheWorldOilOutlookisforinformaotherprofessional;norismeanttobeabenchmarkorinputdatatoabenchmarkofanykind.Whilstreasonableeffortshavebwarrantiesorrepresentationsastoitsaccuracy,relevanceorcomprehensiveness,andassumesnoliabilityorresponsibilityfodecisiontakenasaresultofusingorrelyingontheinformationintheWorldOilOutlook.TheviewsexpressedintheWorldOilOutlookarethoseoftheOPECSecretariatanddonotnecessarilyreflecttheviewsofitsOutlook,andtheuseandpresentationofdataandothermaterials,donotimplytheexpressionofanyopinionwhatsoeveronauthorities,orconcerningtheexploration,exploitation,refining,marketingandutilizationofitspetroleumorotherenergyresagreement,treaty,laworothertexts;orexpressinganylegalopinionsorhavingprobativelegalvalueinanyproceedings.WorldOilOutlookisforinformationalpurposesonlyandisneitherintendedasasubstituteforadvicefrombusiness,finance,investmentcWhilstreasonableeffortshavebeenmadetoensuretheaccuracyoftheinformationcontainedintheWorldOilOutlook,theOPECSecretanoliabilityorresponsibilityforanyinaccuracy,errororomission,orforanylossordamagearisinginconnectionwithorattributabletoaessarilyreflecttheviewsofitsgoverningbodiesand/orindividualOPECMemberCountries.ThedesignationofgeographicalentitiesinthenofanyopinionwhatsoeveronthepartofOPECand/oritsMemberCountriesconcerningthelegalstatusofanycountry,territoryorareapetroleumorotherenergyresources.NothingintheWorldOilOutlookshallbeconstruedasinterpretingormodifyinganylegalobligatiovalueinanyproceedings.siness,finance,investmentconsultantorilOutlook,theOPECSecretariatmakesnotionwithorattributabletoanyactionorofgeographicalentitiesintheWorldOilnycountry,territoryorarea,orofitsmodifyinganylegalobligationsunderany