Trade growth to slow to 1.7 pc in 2023 following 2.7 pc expansion in 2022: WTO
Apr 05, 2023
The WTO's trade projections, set out in the new "Global Trade Outlook and Statistics" report, estimate real global GDP growth at market exchange rates of 2.4 per cent for 2023. Projections for both trade and output growth are below the averages for the past 12 years of 2.6 per cent and 2.7 per cent respectively.