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Change in GDP and trade volume globally 2007-2024

Published by Statista Research Department, Feb 7, 2023
In 2020, both the global trade volume and the growth in GDP dropped following the outbreak of COVID-19. It increased again in 2021, but is estimated to slow somewhat in 2022 and 2023 following the rising global inflation rates.

Growth in GDP and trade volume worldwide from 2007 to 2024

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Release date

January 2023

Region

Worldwide

Survey time period

2007 to 2023

Supplementary notes

* Estimate.
** Forecast.
Trade is the average of export and import volumes. Aggregate growth rates calculated using GDP weights at 2010 prices and market exchange rates.
GDP values prior to 2010 and trade values prior to 2018 taken from the previous reports.

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