Guyana - Net barter terms of trade index

Net barter terms of trade index (2000 = 100)

The latest value for Net barter terms of trade index (2000 = 100) in Guyana was 154.59 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 154.59 in 2020 and 92.25 in 2005.

Definition: Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2000. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year’s trade values at the Standard International Trade Classification three-digit level as weights. To improve data coverage, especially for the latest periods, UNCTAD constructs a set of average prices indexes at the three-digit product classification of the Standard International Trade Classification revision 3 using UNCTAD’s Commodity Price Statistics, interna­tional and national sources, and UNCTAD secretariat estimates and calculates unit value indexes at the country level using the current year's trade values as weights.

Source: United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.

See also:

Year Value
2000 100.00
2001 98.59
2002 99.03
2003 97.25
2004 93.74
2005 92.25
2006 104.64
2007 94.97
2008 102.65
2009 118.42
2010 127.35
2011 127.77
2012 129.58
2013 117.99
2014 111.38
2015 116.89
2016 130.84
2017 127.40
2018 121.10
2019 128.95
2020 154.59

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes