In 2020, both the global trade volume and the growth in GDP decreased, with annual growth rates of -8.2 and -3.4 percent respectively. It is forecasted that in 2022 the global GDP will increase by 4.1 percent compared to the previous year, while trade will increase by 5.8 percent.
Growth in GDP and trade volume worldwide from 2007 to 2023
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World Bank. (January 5, 2022). Growth in GDP and trade volume worldwide from 2007 to 2023 [Graph]. In Statista. Retrieved May 26, 2022, from https://www.statista.com/statistics/1032199/global-growth-gdp-trade/
World Bank. "Growth in GDP and trade volume worldwide from 2007 to 2023." Chart. January 5, 2022. Statista. Accessed May 26, 2022. https://www.statista.com/statistics/1032199/global-growth-gdp-trade/
World Bank. (2022). Growth in GDP and trade volume worldwide from 2007 to 2023. Statista. Statista Inc.. Accessed: May 26, 2022. https://www.statista.com/statistics/1032199/global-growth-gdp-trade/
World Bank. "Growth in Gdp and Trade Volume Worldwide from 2007 to 2023." Statista, Statista Inc., 5 Jan 2022, https://www.statista.com/statistics/1032199/global-growth-gdp-trade/
World Bank, Growth in GDP and trade volume worldwide from 2007 to 2023 Statista, https://www.statista.com/statistics/1032199/global-growth-gdp-trade/ (last visited May 26, 2022)