Nepal - 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 Nepal was 87.81 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 101.44 in 2001 and 71.19 in 2011.

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 101.44
2002 99.84
2003 95.45
2004 91.35
2005 83.29
2006 83.12
2007 80.67
2008 71.70
2009 75.90
2010 72.55
2011 71.19
2012 71.24
2013 73.18
2014 75.59
2015 84.03
2016 83.99
2017 79.51
2018 75.96
2019 76.52
2020 87.81

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes