{"id":86386,"date":"2019-12-11T15:49:35","date_gmt":"2019-12-11T10:19:35","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=12291"},"modified":"2019-12-11T15:49:35","modified_gmt":"2019-12-11T10:19:35","slug":"world-economy-is-slowing-down-unctads-new-statistics-say","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/world-economy-is-slowing-down-unctads-new-statistics-say\/","title":{"rendered":"World economy is slowing down, UNCTAD\u2019s new statistics say"},"content":{"rendered":"\n<p><strong>News:<\/strong>United Nations Conference on Trade and Development\u2019s (UNCTAD) has released its Handbook of Statistics report.<br><\/p>\n\n\n\n<p><strong>Facts:<\/strong><br><\/p>\n\n\n\n<p><strong>About the report:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The report provides a wide range of statistics and indicators relevant to the analysis of international trade, investment, maritime transport and development.<\/li><\/ul>\n\n\n\n<p><strong>Key takeaways from the report:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The report has predicted that the World gross domestic product(GDP) is expected to grow by 2.3% which is 0.7% points less as compared to last year.<\/li><li>The report predicts that merchandise trade will drop by 2.4% to $19 trillion for 2019-2020.The drop is significant when compared to the growth in the last few years of 9.7% in 2018 and 10.7% in 2017.<\/li><li>The trade in services is also predicted to slow.It will increase only by 2.7% to $6 trillion, a considerable deceleration from 7.7% in 2018.&nbsp;<\/li><li>The report also said that world seaborne trade volumes experienced just a nominal surge by only 2.7% which was 4.7% in 2017.These and other trends underline the fact that the world economic activities are slowing down.<\/li><li>According to the report,the values of the goods exported exceeds the value of the goods imported especially for developing and transition economies.<\/li><li>Further,over the last few years,the trade surplus of developing countries has also decreased. PIt was $455 billion in 2014 and has reduced to $335 billion in 2018.<\/li><\/ul>\n\n\n\n<p><strong>Additional information:<\/strong><br><\/p>\n\n\n\n<p><strong>About UNCTAD:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>UNCTAD is a permanent intergovernmental body established by the United Nations General Assembly in 1964.<\/li><li>It is headquartered in Geneva, Switzerland and part of the UN Secretariat.Currently,UNCTAD has 195 member states.<\/li><li>It was formed specifically to handle the problems of developing countries dealing with trade, investment and development issues.<\/li><\/ul>\n\n\n\n<p><strong>Reports published by UNCTAD:<\/strong>UNCTAD produces a number of topical reports, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The Trade and Development Report<\/li><li>The Trade and Environment Review<\/li><li>The World Investment Report<\/li><li>The Economic Development in Africa Report<\/li><li>The Least Developed Countries Report<\/li><li>UNCTAD Statistics among others.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News:United Nations Conference on Trade and Development\u2019s (UNCTAD) has released its Handbook of Statistics report. Facts: About the report: The report provides a wide range of statistics and indicators relevant to the analysis of international trade, investment, maritime transport and development. Key takeaways from the report: The report has predicted that the World gross domestic&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/world-economy-is-slowing-down-unctads-new-statistics-say\/\">Continue reading <span class=\"screen-reader-text\">World economy is slowing down, UNCTAD\u2019s new statistics say<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[3559,3969],"class_list":["post-86386","post","type-post","status-publish","format-standard","hentry","category-economy","tag-unctad","tag-world-economy","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704814950},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86386"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86386\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}