Panama - 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 Panama was 170.47 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between 184.81 in 2012 and 68.75 in 1990.

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 115.38
1981 94.59
1982 86.96
1983 91.43
1984 90.00
1985 102.90
1986 100.00
1987 89.02
1988 80.00
1989 75.28
1990 68.75
1991 82.76
1992 104.30
1993 106.82
1994 110.34
1995 100.00
1996 102.08
1997 103.13
1998 103.09
1999 106.32
2000 100.00
2001 97.04
2002 98.02
2003 98.46
2004 106.48
2005 115.16
2006 123.34
2007 134.68
2008 155.56
2009 142.54
2010 154.15
2011 180.45
2012 184.81
2013 180.21
2014 176.61
2015 162.14
2016 156.37
2017 169.89
2018 157.20
2019 153.92
2020 170.47

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes