Net barter terms of trade index in Ghana
Ghana: Net barter terms of trade index was 148.8 2015 = 100 in 2024. ▲ Rising
Net barter terms of trade index in Ghana, 2005–2024
Source: UN Conference on Trade and Development (UNCTAD). Measured in 2015 = 100.
Analysis
In 2024, net barter terms of trade index in Ghana stood at 148.8 2015 = 100. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 25.4% on the previous year and up 38.9% over ten years.
Over the whole period, net barter terms of trade index in Ghana peaked at 148.8 2015 = 100 in 2024 and was at its lowest, 81.2 2015 = 100, in 2005.
That places Ghana 7th out of 206 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Net barter terms of trade index in Ghana, year by year
| Year | 2015 = 100 | Change |
|---|---|---|
| 2005 | 81.2 2015 = 100 | — |
| 2006 | 88.1 2015 = 100 | +8.5% |
| 2007 | 94 2015 = 100 | +6.7% |
| 2008 | 97.2 2015 = 100 | +3.4% |
| 2009 | 110.6 2015 = 100 | +13.8% |
| 2010 | 117.3 2015 = 100 | +6.1% |
| 2011 | 116.1 2015 = 100 | -1.0% |
| 2012 | 112.5 2015 = 100 | -3.1% |
| 2013 | 107.6 2015 = 100 | -4.4% |
| 2014 | 107.1 2015 = 100 | -0.5% |
| 2015 | 100 2015 = 100 | -6.6% |
| 2016 | 100.7 2015 = 100 | +0.7% |
| 2017 | 94.8 2015 = 100 | -5.9% |
| 2018 | 99.4 2015 = 100 | +4.9% |
| 2019 | 99.9 2015 = 100 | +0.5% |
| 2020 | 99.4 2015 = 100 | -0.5% |
| 2021 | 108.7 2015 = 100 | +9.4% |
| 2022 | 110.8 2015 = 100 | +1.9% |
| 2023 | 118.7 2015 = 100 | +7.1% |
| 2024 | 148.8 2015 = 100 | +25.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 94.22 2015 = 100 | 81.2 2015 = 100 | 110.6 2015 = 100 | 5 |
| 2010s | 105.54 2015 = 100 | 94.8 2015 = 100 | 117.3 2015 = 100 | 10 |
| 2020s | 117.28 2015 = 100 | 99.4 2015 = 100 | 148.8 2015 = 100 | 5 |
Countries ranked near Ghana
More private sector data for Ghana
- Merchandise trade 42.5% (2025)
- Food imports 13.7% (2023)
- Manufactures imports 51.5% (2023)
- Merchandise imports 17.45 billion current US$ (2025)
- Food exports 18.1% (2023)
- Manufactures exports 6.0% (2023)
- Merchandise exports 31.11 billion current US$ (2025)
- Merchandise exports (current US$), per capita 887.14 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2724 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 62.31 % change on previous year (2025)
Frequently asked questions
- What is net barter terms of trade index in Ghana?
- Net barter terms of trade index in Ghana was 148.8 2015 = 100 in 2024, according to UN Conference on Trade and Development (UNCTAD).
- What is the highest net barter terms of trade index recorded in Ghana?
- The highest recorded value was 148.8 2015 = 100 in 2024.
- What is the lowest net barter terms of trade index recorded in Ghana?
- The lowest recorded value was 81.2 2015 = 100 in 2005.
- How does Ghana rank for net barter terms of trade index?
- Ghana ranks 7th out of 206 countries with data for 2024.
- Is net barter terms of trade index rising or falling in Ghana?
- Over the last ten years it is up 38.9%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from UN Conference on Trade and Development (UNCTAD), published as part of Net barter terms of trade index (2015 = 100). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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 2015.