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World GDP growth deep recession and strong recovery GDP annual growth forecast Pre-attack 5%20000 2003-20 3.5%pa 2000-2020 3.3%p.a 33%5D 3% 2% Post-attack 000-2003 20032020 1% 23%D.a 3.3%p.a 32%p.a 0% 20002002200420062008201020122014201620182020 Source: DRPWEFA Courtesy of Daniel Morales. Used with permission ,Air cargo growth correlates with gDP growth .World gdP expected to average 3. 2% growth per year World air cargo traffic expected to grow at 6. 4%per year Source: Dan Morales, Commercial Cargo Needs, Market, Metrics, 16.886 presentation, Feb 25, 2004 However, most major market forecasters predict that world GDP will make a strong recovery, which will then of course be the impetus for strong recovery in the air cargo market. The predictions for the next twenty years are for world GDP to grow on average 3. 2% per year and for world air cargo traffic to grow on average 6.4% per year•Air cargo growth correlates with GDP growth •World GDP expected to average 3.2% growth per year •World air cargo traffic expected to grow at 6.4% per year Source: Dan Morales, Commercial Cargo Needs, Market, Metrics, 16.886 presentation, Feb 25, 2004 However, most major market forecasters predict that world GDP will make a strong recovery, which will then of course be the i mpetus for strong recovery in the air cargo market. The predictions for the next twenty years are for world GDP to grow on average 3.2% per year and for world air cargo traffic to grow on average 6.4% per year. Courtesy of Daniel Morales. Used with permission
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