Hungary - 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 Hungary was 107.10 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 107.10 in 2020 and 92.43 in 2008.

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 98.85
2002 98.68
2003 99.34
2004 98.52
2005 96.98
2006 93.45
2007 93.24
2008 92.43
2009 95.01
2010 97.20
2011 97.82
2012 97.37
2013 99.48
2014 99.86
2015 100.82
2016 101.90
2017 102.74
2018 102.49
2019 103.46
2020 107.10

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes