2019 Trade Finance Gaps, Growth, and Jobs Survey
This year’s survey found that the global trade finance gap remains at around $1.5 trillion, nearly 60% of respondents expect the gap to increase over the next 2 years. Another key finding was that women-owned firms face greater challenges accessing trade finance than do men-owned firms. Meanwhile, small and medium-sized enterprises (SMEs) also face considerable barriers with more than 40% of SME trade finance applications rejected by banks. However there is growing optimism that fintech and digitization are potential solutions to bridge the trade finance gap, particularly for SMEs.
Also in this Series
- Impact of COVID-19 and Locust Swarms on Farm Households in Sindh, Pakistan: Analysis of Data from a Cross-Sectional Survey
- Irrigation Performance Assessment Using Satellite Remote Sensing: Insights from Tajikistan
- Online Learning in Sri Lanka’s Higher Education Institutions during the COVID-19 Pandemic