Global Trade

WWII was a collapse-and-rewiring of the world trading system — this captures the macro disruption directly.

80.00index

Trend YoY growth is +21.9%, accelerating by 7.4 pp/year over the last 5Y. Latest: +23.1%, 1.2 pp above trend, a 0.2σ deviation. The latest YoY reading is boosted by 6.1 pp due to an easy comparison base from 1945.

Level

YoY %

y = −15.4% + 7.4 pp/yr · t

Deviation from trend

Forecast

Projected value by forecast vintage (index)

Projected value (index)

Forecast made in193919401941194219431944194519461947194819491950MAPE
193990.0082.1661.2150.1639.8841.7643.2544.3651.5231.2017.709.36202%
194070.0051.5639.5129.0327.6325.4522.5021.444.070.450.02422%
194160.0042.4231.6230.6828.9826.5526.716.931.280.14441%
194250.0039.7142.4044.8547.0756.0737.9924.8515.68320%
194355.0055.6262.8470.4289.56103.5123.3151.465%
194460.0071.5683.17109.3158.8244.7398.177%
194565.0078.38102.2137.7195.4291.111%
194680.00104.1143.5209.0320.8
1947104.1143.5209.0320.8

YoY change forecast

Forecast made in193919401941194219431944194519461947194819491950MAPE
1939-5.3%-8.7%-12.6%-16.4%-20.2%-24.1%-27.9%-31.8%-35.6%-39.4%-43.3%-47.1%202%
1940-22.2%-26.3%-34.1%-41.9%-49.8%-57.6%-65.4%-73.2%-81.0%-88.8%-96.6%422%
1941-14.3%-29.3%-36.8%-44.2%-51.7%-59.2%-66.6%-74.1%-81.5%-89.0%441%
1942-16.7%-20.6%-22.9%-25.3%-27.6%-29.9%-32.2%-34.6%-36.9%320%
1943+10.0%+1.1%+4.7%+8.3%+11.9%+15.5%+19.2%+22.8%65%
1944+9.1%+19.3%+28.0%+36.6%+45.3%+54.0%+62.7%77%
1945+8.3%+20.6%+27.7%+34.8%+41.9%+49.0%11%
1946+23.1%+30.1%+37.9%+45.7%+53.5%
1947+30.1%+37.9%+45.7%+53.5%

Forecasts use ordinary least-squares linear regression fitted to the YoY change series over a rolling 5Y window. Each row shows a vintage — the forecast as it would have appeared at that point in time. Projected values apply the forecasted YoY change to the prior year's level, chaining forward where actuals are unavailable. MAPE measures forecast accuracy against realized values. These are mechanical trend extrapolations, not economic models.