Ireland - 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 Ireland was 91.73 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 101.39 in 2005 and 90.82 in 2018.

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 101.35
2002 100.96
2003 100.55
2004 98.15
2005 101.39
2006 99.11
2007 97.30
2008 96.29
2009 99.37
2010 101.24
2011 95.71
2012 94.17
2013 92.78
2014 91.75
2015 96.68
2016 97.77
2017 94.81
2018 90.82
2019 91.66
2020 91.73

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes