Nicaragua - 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 Nicaragua was 277.88 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between 283.18 in 2012 and 83.46 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
1980 162.16
1981 139.76
1982 123.33
1983 138.36
1984 176.12
1985 123.38
1986 149.30
1987 114.81
1988 125.30
1989 114.46
1990 155.00
1991 126.51
1992 93.02
1993 104.65
1994 122.89
1995 128.89
1996 113.98
1997 109.00
1998 113.68
1999 105.38
2000 100.00
2001 84.81
2002 83.46
2003 86.38
2004 98.89
2005 118.02
2006 131.84
2007 153.76
2008 203.90
2009 172.74
2010 204.98
2011 278.52
2012 283.18
2013 253.03
2014 247.87
2015 206.60
2016 182.44
2017 193.69
2018 231.64
2019 239.59
2020 277.88

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes