British Virgin Islands - 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 British Virgin Islands was 57.52 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 105.90 in 2001 and 49.13 in 2010.

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 105.90
2002 102.54
2003 93.20
2004 84.37
2005 61.40
2006 57.08
2007 54.99
2008 52.21
2009 51.04
2010 49.13
2011 49.69
2012 50.13
2013 54.76
2014 55.01
2015 54.32
2016 55.31
2017 54.90
2018 56.81
2019 57.09
2020 57.52

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes