Cayman 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 Cayman Islands was 59.62 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 100.00 in 2000 and 58.97 in 2019.

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 97.76
2002 97.29
2003 93.09
2004 90.29
2005 84.28
2006 86.47
2007 83.99
2008 73.71
2009 75.40
2010 75.82
2011 72.09
2012 73.71
2013 63.04
2014 62.12
2015 63.27
2016 63.24
2017 61.84
2018 60.53
2019 58.97
2020 59.62

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes