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Ahead of the draw, Sky Sports looks at all of the 32 teams who have qualified for the 2014 World Cup.
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Uefa president Michel Platini insists he is yet to decide where his 2018 World Cup vote will go.
Support from European football's supremo will be key to any country hoping to win hosting rights.
At the moment, England are competing with Russia and joint bids from Spain/Portugal and Holland/Belgium to stage the tournament.
Platini admits it is looking increasingly likely that the World Cup will be returning to Europe in 2018, but has refused to reveal who he will be backing.
He said: "I do not know which way I am voting yet. My job was to get it to come to Europe and we have just about achieved that.
"I know that all four bids will be good, I know I will have to choose sooner or later but at the moment I do not know."
Fifa's inspection committee has recently visited England, as part of its tour of all potential host nations, but Platini has warned the hopefuls that politics plays a bigger part in proceedings than they may think.
He added: "It's not easy, you have 24 people and you need to have supporters, it was like that in 1998 with France and it's always like that.
"Look at France against Turkey in the [Uefa] vote for Euro 2016, they had the best dossier, the best presentation, the president of Uefa is French and it was still only 7-6! You never know what will happen."
Platini added that he expected the USA to withdraw from the race for 2018 and join Australia, Qatar, Japan and South Korea in bidding for 2022 alone.
Bryan Swanson, Chief News Reporter for Sky Sports News, reflects on the FIFA press conference ahead of Friday's World Cup draw in Costa do Sauipe, Brazil.
Sky Sports News' Nick Collins reports from Brazil ahead of Friday's draw for the 2014 World Cup.
England will learn their World Cup fate on Friday - and Sky Sports will bring you live coverage of the draw, both on television and online.
Read the thoughts and opinions of Jamie Carragher with skysports.com
Spain coach Vicente del Bosque felt his side's ball retention gave Panama little chance to cause a surprise.
Spain cruised to a 5-1 win over Panama thanks in part to two goals from Barcelona forward Pedro.
Michu's red-hot form since arriving in the Premier League is set to be rewarded with a first Spain call-up.
Andres Iniesta believes Spain and Barcelona have proven that talent can come out on top over physicality.
Chelsea striker Juan Mata has been included in the Spain squad for next week's friendly in Panama.