Turks and Caicos Islands - 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 Turks and Caicos Islands was 63.32 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 100.00 in 2000 and 63.32 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
2000 100.00
2001 87.46
2002 82.23
2003 86.89
2004 83.90
2005 78.75
2006 74.77
2007 72.46
2008 71.83
2009 74.87
2010 74.25
2011 73.78
2012 71.59
2013 69.74
2014 70.02
2015 64.77
2016 65.62
2017 64.44
2018 65.84
2019 64.63
2020 63.32

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes