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Global GDP could lose 7% by 2050 in a world of only bilateral trade agreements, WTO estimatesPhoto by paulbr75 on Pexels
Business
Economy

Global GDP could lose 7% by 2050 in a world of only bilateral trade agreements, WTO estimates

oglobo15 September 2026 at 10:45

The World Trade Organization (WTO) estimates that the global economy could have an aggregate Gross Domestic Product (GDP) 6.9% below the projected level for 2050, if only bilateral trade agreements between countries predominate. The projection compares the bilateral agreements scenario with the baseline trajectory of economic growth until that date.

The concept of GDP refers to the value of all services and products produced in the economy. The article indicates this is an WTO estimate, although most of the content appears to be reserved for subscribers, limiting access to additional details about the report.

Why this matters

The WTO projection warns that a world based solely on bilateral agreements could substantially reduce global economic growth in the coming decades, potentially affecting the economic wellbeing of all countries. This analysis is relevant for policymakers, businesses and investors who depend on a stable multilateral trading system. WHY: The WTO projection warns that a world based solely on bilateral agreements could substantially reduce global economic growth in the coming decades, potentially affecting the economic wellbeing of all countries. This analysis is relevant for policymakers, businesses and investors who depend on a stable multilateral trading system.

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