Net barter terms of trade index in Greenland
Greenland: Net barter terms of trade index was 86.7 2015 = 100 in 2024. ▲ Rising
Net barter terms of trade index in Greenland, 2005–2024
Source: UN Conference on Trade and Development (UNCTAD). Measured in 2015 = 100.
Analysis
In 2024, net barter terms of trade index in Greenland stood at 86.7 2015 = 100.
The figure is down 2.5% on the previous year and down 8.5% over ten years.
Over the whole period, net barter terms of trade index in Greenland peaked at 102.7 2015 = 100 in 2020 and was at its lowest, 69.1 2015 = 100, in 2005.
Greenland ranks 178th of 206 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Net barter terms of trade index in Greenland, year by year
| Year | 2015 = 100 | Change |
|---|---|---|
| 2005 | 69.1 2015 = 100 | — |
| 2006 | 70.4 2015 = 100 | +1.9% |
| 2007 | 77.7 2015 = 100 | +10.4% |
| 2008 | 74.6 2015 = 100 | -4.0% |
| 2009 | 79.8 2015 = 100 | +7.0% |
| 2010 | 81 2015 = 100 | +1.5% |
| 2011 | 80.3 2015 = 100 | -0.9% |
| 2012 | 80.6 2015 = 100 | +0.4% |
| 2013 | 89.3 2015 = 100 | +10.8% |
| 2014 | 94.8 2015 = 100 | +6.2% |
| 2015 | 100 2015 = 100 | +5.5% |
| 2016 | 100.7 2015 = 100 | +0.7% |
| 2017 | 101.9 2015 = 100 | +1.2% |
| 2018 | 98.8 2015 = 100 | -3.0% |
| 2019 | 100 2015 = 100 | +1.2% |
| 2020 | 102.7 2015 = 100 | +2.7% |
| 2021 | 98.1 2015 = 100 | -4.5% |
| 2022 | 89.5 2015 = 100 | -8.8% |
| 2023 | 88.9 2015 = 100 | -0.7% |
| 2024 | 86.7 2015 = 100 | -2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 74.32 2015 = 100 | 69.1 2015 = 100 | 79.8 2015 = 100 | 5 |
| 2010s | 92.74 2015 = 100 | 80.3 2015 = 100 | 101.9 2015 = 100 | 10 |
| 2020s | 93.18 2015 = 100 | 86.7 2015 = 100 | 102.7 2015 = 100 | 5 |
Countries ranked near Greenland
More private sector data for Greenland
- Merchandise trade 63.2% (2023)
- Food imports 19.8% (2018)
- Manufactures imports 60.0% (2018)
- Merchandise imports 1.02 billion current US$ (2025)
- Food exports 92.3% (2018)
- Manufactures exports 4.5% (2018)
- Merchandise exports 1.01 billion current US$ (2025)
- Merchandise exports (current US$), per capita 17,807 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2847 current US$ per US$ of GDP (2023)
- Merchandise exports (current US$), annual growth rate 26.34 % change on previous year (2025)
Frequently asked questions
- What is net barter terms of trade index in Greenland?
- Net barter terms of trade index in Greenland was 86.7 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 Greenland?
- The highest recorded value was 102.7 2015 = 100 in 2020.
- What is the lowest net barter terms of trade index recorded in Greenland?
- The lowest recorded value was 69.1 2015 = 100 in 2005.
- How does Greenland rank for net barter terms of trade index?
- Greenland ranks 178th out of 206 countries with data for 2024.
- Is net barter terms of trade index rising or falling in Greenland?
- Over the last ten years it is down 8.5%. The long-run trend across the full record is rising.
- Where does this Greenland 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.