St. Kitts and Nevis - 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 St. Kitts and Nevis was 63.60 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 102.28 in 2001 and 63.36 in 2019.

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 102.28
2002 98.66
2003 93.45
2004 86.45
2005 83.38
2006 80.54
2007 77.06
2008 72.99
2009 74.62
2010 71.65
2011 66.97
2012 67.93
2013 65.75
2014 65.01
2015 67.13
2016 68.17
2017 66.75
2018 64.58
2019 63.36
2020 63.60

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes