Global Trade and Economic Outlook

Front

What is the main topic of the blog by Ralph Ossa?

Back

The blog discusses global trade and economic outlook.

Front

What happened to global trade in 2025?

Back

Global trade is expected to decline by 0.2 percent.

Front

What is one reason for the decline in global trade?

Back

A surge in tariffs and rising trade policy uncertainty.

Front

What is expected to happen to global trade in 2026?

Back

A modest recovery of 2.5 percent is expected.

Front

What could happen if the United States implements reciprocal tariffs?

Back

It could reduce global merchandise trade growth by 0.6 percentage points.

Front

How much could trade policy uncertainty cut growth by?

Back

It could cut growth by a further 0.8 percentage points.

Front

What is the expected growth of world GDP in 2025?

Back

World GDP is expected to grow by 2.2 percent.

Front

What was the growth of world merchandise trade in 2024?

Back

The volume of world merchandise trade grew by 2.9 percent.

Front

What is the expected growth of global services trade in 2025?

Back

Global services trade is forecast to grow by 4.0 percent.

Front

What is the importance of open trade policies?

Back

They are essential for trade and global economic resilience.