WTO raises 2025 global trade growth forecast to 2.4 pct

The World Trade Organization (WTO) on Tuesday raised its forecast for global merchandise trade growth in 2025 to 2.4 percent, up from its previous projection of 0.9 percent made in August. Meanwhile, the forecast for 2026 was revised downward to 0.5 percent from 1.8 percent, Xinhua reports.

WTO raises 2025 global trade growth forecast to 2.4 pct
Photo credit: Х / @wto

According to the WTO's latest Global Trade Outlook and Statistics report, global GDP is projected to grow by 2.7 percent in 2025 and 2.6 percent in 2026.

Earlier Kazinform reported, the World Trade Organization, in its new World Trade Report 2025, says artificial intelligence could reshape the global economy. According to its projections, by 2040 overall trade in goods and services may grow by 34% to 37%, while global GDP could rise by 12 to 13 percent.

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