Madagascar - 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 Madagascar was 63.78 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between 112.07 in 1986 and 63.78 in 2020.

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
1980 83.33
1981 82.61
1982 92.19
1983 100.00
1984 106.78
1985 96.55
1986 112.07
1987 94.37
1988 94.37
1989 70.51
1990 80.95
1991 72.09
1992 71.11
1993 71.59
1994 77.66
1995 79.61
1996 81.55
1997 84.69
1998 93.75
1999 88.89
2000 100.00
2001 90.34
2002 86.43
2003 85.33
2004 80.96
2005 75.05
2006 73.97
2007 73.80
2008 70.72
2009 73.87
2010 77.52
2011 80.00
2012 80.27
2013 79.64
2014 86.26
2015 89.15
2016 86.16
2017 77.47
2018 67.09
2019 66.14
2020 63.78

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes