Lithuania - 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 Lithuania was 96.21 as of 2016. Over the past 16 years, the value for this indicator has fluctuated between 102.30 in 2004 and 91.56 in 2012.

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 97.79
2002 98.14
2003 101.39
2004 102.30
2005 99.03
2006 96.25
2007 97.48
2008 94.06
2009 94.70
2010 92.19
2011 91.72
2012 91.56
2013 91.83
2014 93.70
2015 95.68
2016 96.21


Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes