Lao PDR - 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 Lao PDR was 105.91 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 110.50 in 2010 and 90.53 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 100.99
2002 102.73
2003 100.58
2004 95.17
2005 90.53
2006 101.24
2007 98.81
2008 94.45
2009 94.49
2010 110.50
2011 110.42
2012 101.94
2013 98.81
2014 98.56
2015 96.37
2016 96.82
2017 103.06
2018 110.47
2019 107.83
2020 105.91

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes