Philippines - 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 Philippines was 82.02 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between 106.02 in 1988 and 69.03 in 1984.

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
1980 99.12
1981 70.64
1982 74.38
1983 71.95
1984 69.03
1985 80.20
1986 86.75
1987 94.05
1988 106.02
1989 97.73
1990 87.37
1991 93.41
1992 79.21
1993 77.67
1994 77.88
1995 80.20
1996 81.13
1997 82.41
1998 87.39
1999 102.88
2000 100.00
2001 98.66
2002 91.99
2003 95.11
2004 92.02
2005 92.30
2006 90.59
2007 88.51
2008 77.84
2009 83.20
2010 81.17
2011 75.11
2012 74.96
2013 73.52
2014 76.75
2015 82.17
2016 82.95
2017 81.28
2018 78.25
2019 79.15
2020 82.02

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes