Turkmenistan - 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 Turkmenistan was 85.85 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 258.44 in 2008 and 82.94 in 2002.

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 106.65
2002 82.94
2003 101.67
2004 102.70
2005 151.26
2006 194.07
2007 183.03
2008 258.44
2009 183.31
2010 184.55
2011 213.94
2012 237.26
2013 230.66
2014 218.11
2015 167.32
2016 113.36
2017 143.38
2018 180.12
2019 120.84
2020 85.85

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes