St. Vincent and the Grenadines - 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. Vincent and the Grenadines was 113.64 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 118.95 in 2013 and 98.90 in 2003.

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 109.76
2002 107.86
2003 98.90
2004 113.02
2005 105.33
2006 108.29
2007 108.30
2008 116.53
2009 118.71
2010 118.30
2011 116.62
2012 116.20
2013 118.95
2014 117.10
2015 116.34
2016 115.17
2017 111.22
2018 111.27
2019 111.51
2020 113.64

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes