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World GDP could fall 10% by 2050 if protectionism replaces multilateralism
Business
Economy

World GDP could fall 10% by 2050 if protectionism replaces multilateralism

SAPO15 September 2026 at 14:00

The World Trade Organization (WTO) warned that world GDP could fall by up to 10% by 2050 if protectionism replaces trade multilateralism. The warning was issued through a report that analyzed various scenarios in light of the growing geopolitical and trade tensions currently observed. The organization expressed concern about the trend of some countries adopting protectionist policies at the expense of multilateral cooperation. The WTO report served as a warning about the potential long-term economic impacts should global trade openness be significantly reduced.

Why this matters

The WTO warning directly affects businesses, investors, and consumers worldwide, including in the reader's region, as a rollback in multilateral trade could mean higher prices, less access to markets, and fewer economic opportunities. The report comes at a time of growing trade tensions, making it relevant for any open economy to monitor these trends.

About this summary

This is our short summary of a report published by SAPO on 15 September 2026 at 14:00; the full text stays with the publisher. In our feed it sits under Business. We currently carry 23293 items in that section.

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