Jamaica - 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 Jamaica was 84.77 as of 2014. Over the past 14 years, the value for this indicator has fluctuated between 110.15 in 2006 and 82.30 in 2013.

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 98.46
2002 94.26
2003 92.09
2004 95.68
2005 94.39
2006 110.15
2007 105.06
2008 94.85
2009 87.77
2010 94.77
2011 91.94
2012 85.98
2013 82.30
2014 84.77


Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes