Chart of the week: Our forecast for world trade growth

Our baseline forecast looks for world trade to grow by just 2.6% per year from 2020-2030, with trade volumes in 2030 around 5% lower than we expected in January. In addition, we expect the next decade to see the lowest ratio of trade growth to GDP growth in any decade since 1950.

World trade forecast

 

Topics: Trade, Global trade, Chart of the Week, GDP, World Trade