Singapore - 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 Singapore was 79.91 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between 131.91 in 1982 and 79.91 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 126.80
1981 130.30
1982 131.91
1983 129.03
1984 125.27
1985 125.58
1986 122.08
1987 116.28
1988 115.56
1989 113.98
1990 116.16
1991 112.87
1992 109.71
1993 109.80
1994 105.61
1995 104.35
1996 104.39
1997 104.67
1998 104.30
1999 103.23
2000 100.00
2001 96.95
2002 94.97
2003 87.75
2004 87.67
2005 86.37
2006 85.25
2007 84.37
2008 83.94
2009 84.65
2010 84.16
2011 81.88
2012 81.04
2013 82.55
2014 81.57
2015 87.62
2016 86.43
2017 84.40
2018 83.25
2019 82.79
2020 79.91

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes