The Gambia - 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 The Gambia was 109.01 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between 182.35 in 1980 and 82.46 in 1984.

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 182.35
1981 136.54
1982 128.89
1983 103.70
1984 82.46
1985 85.33
1986 98.55
1987 100.00
1988 100.00
1989 100.00
1990 100.00
1991 100.00
1992 100.00
1993 100.00
1994 100.00
1995 100.00
1996 100.00
1997 100.00
1998 100.00
1999 100.00
2000 100.00
2001 99.63
2002 114.87
2003 107.48
2004 106.89
2005 101.85
2006 104.54
2007 108.61
2008 114.99
2009 109.20
2010 110.17
2011 102.91
2012 104.45
2013 108.88
2014 112.56
2015 108.02
2016 104.71
2017 109.98
2018 113.74
2019 110.26
2020 109.01

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes