Ecuador - 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 Ecuador was 114.57 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between 212.99 in 1980 and 80.56 in 1995.

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 212.99
1981 180.68
1982 198.72
1983 208.45
1984 180.00
1985 168.75
1986 109.64
1987 115.12
1988 103.80
1989 115.00
1990 114.29
1991 97.78
1992 94.19
1993 85.71
1994 87.76
1995 80.56
1996 88.68
1997 90.48
1998 81.00
1999 85.57
2000 100.00
2001 94.12
2002 99.67
2003 105.93
2004 105.42
2005 115.58
2006 126.84
2007 132.36
2008 154.94
2009 129.42
2010 148.74
2011 167.26
2012 166.78
2013 168.30
2014 158.71
2015 118.92
2016 112.60
2017 125.52
2018 136.87
2019 132.05
2020 114.57

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes