TEU to GDP Multiplier (update)

I updated the chart depicting the evolution of the multiplier effect between GDP growth and TEU growth. Since the 1990s, the multiplier effect has been declining, particularly since 2009. In recent years, the multiplier has dropped below 1, implying that 1% if GDP growth would be associated with 1% in TEU growth. This figure used to be 3% to 4%. It is thus becoming difficult to forecast traffic for facilities handling containers.

TEU to GDP Multiplier, 1985-2017