Sierra Leone - 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 Sierra Leone was 47.47 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 100.00 in 2000 and 42.84 in 2015.

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 93.76
2002 97.11
2003 91.06
2004 87.82
2005 75.78
2006 73.03
2007 69.84
2008 62.63
2009 72.47
2010 69.21
2011 60.92
2012 55.91
2013 57.74
2014 45.89
2015 42.84
2016 46.43
2017 50.72
2018 50.37
2019 50.02
2020 47.47

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes