Grenada - 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 Grenada was 98.08 as of 2016. Over the past 16 years, the value for this indicator has fluctuated between 100.00 in 2000 and 80.33 in 2005.

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 89.45
2002 91.63
2003 94.61
2004 87.59
2005 80.33
2006 84.25
2007 85.90
2008 87.13
2009 89.57
2010 91.77
2011 92.11
2012 91.01
2013 87.62
2014 91.25
2015 98.41
2016 98.08

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes