The Working Capital Forum
  • Home
  • Events
  • Latest
  • About
  • Login / Register
  • Working Capital Award Winners 2022
  • Home
  • Events
  • Latest
  • About
  • Login / Register
  • Working Capital Award Winners 2022
Search


​LATEST

ICC data shows fall in default rates on supply chain finance since pandemic

18/10/2022

 
Picture
Total trade flows reached nearly 20% above pre-pandemic levels in 2021, according to new data from The ICC, with default rates dropping across all categories. For supply chain finance, the obligor-weighted default rate decreased from 0.93% in 2020 to 0.06%

The data comes from the 2022 Trade Register report, produced by ICC with partners Global Credit Data (GCD) and Boston Consulting Group (BCG).
​
Despite the current macroeconomic uncertainty, BCG expects global goods trade to continue to grow at a further 5.6% compound annual growth rate (CAGR) over the next 10 years on a nominal basis, and 2.3% in real terms.  Despite the current macroeconomic uncertainty, BCG expects global goods trade to continue to grow at a further 5.6% compound annual growth rate (CAGR) over the next 10 years on a nominal basis, and 2.3% in real terms.  

© Adaugeo Media Ltd

Comments are closed.
WORKING CAPITAL FORUM
FEATURES
NEWS
EVENTS
AWARDS
CONTACT
​admin@workingcapitalforum.com
© ADAUGEO MEDIA LTD 2023
​​PRIVACY POLICY
  • Home
  • Events
  • Latest
  • About
  • Login / Register
  • Working Capital Award Winners 2022