Lebanon - 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 Lebanon was 121.42 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 121.42 in 2020 and 93.92 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 102.56
2002 105.11
2003 103.12
2004 100.70
2005 93.92
2006 96.46
2007 98.42
2008 100.00
2009 105.53
2010 103.04
2011 99.41
2012 99.44
2013 98.79
2014 99.69
2015 105.89
2016 112.36
2017 110.07
2018 107.89
2019 109.50
2020 121.42

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes