Libya - 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 Libya was 92.19 as of 2020. Over the past 38 years, the value for this indicator has fluctuated between 236.63 in 2013 and 86.56 in 2002.

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
1982 104.67
1983 97.16
1984 100.09
1985 102.26
2000 100.00
2001 86.87
2002 86.56
2003 95.94
2004 117.81
2005 163.12
2006 184.46
2007 190.71
2008 235.32
2009 156.17
2010 193.31
2011 216.75
2012 236.25
2013 236.63
2014 213.22
2015 140.36
2016 115.76
2017 132.80
2018 159.33
2019 146.39
2020 92.19

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes