World - 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 World was 117.02 as of 2018. Over the past 18 years, the value for this indicator has fluctuated between 123.79 in 2008 and 98.26 in 2001.

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 98.26
2002 100.40
2003 108.97
2004 113.98
2005 115.00
2006 115.87
2007 120.22
2008 123.79
2009 121.31
2010 119.56
2011 122.40
2012 118.85
2013 120.32
2014 120.33
2015 113.98
2016 113.63
2017 114.91
2018 117.02

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes