Net barter terms of trade index in India
India: Net barter terms of trade index was 91.3 2015 = 100 in 2024. ▲ Rising
Net barter terms of trade index in India, 2005–2024
Source: UN Conference on Trade and Development (UNCTAD). Measured in 2015 = 100.
Analysis
In 2024, net barter terms of trade index in India stood at 91.3 2015 = 100.
That represents a change of up 4.3% on the previous year and down 0.4% over ten years.
Over the whole period, net barter terms of trade index in India peaked at 105 2015 = 100 in 2016 and was at its lowest, 79.8 2015 = 100, in 2007.
That places India 164th out of 206 countries with data for 2024, putting it 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 India, year by year
| Year | 2015 = 100 | Change |
|---|---|---|
| 2005 | 85.9 2015 = 100 | — |
| 2006 | 83.8 2015 = 100 | -2.4% |
| 2007 | 79.8 2015 = 100 | -4.8% |
| 2008 | 79.8 2015 = 100 | +0.0% |
| 2009 | 92.9 2015 = 100 | +16.4% |
| 2010 | 91.4 2015 = 100 | -1.6% |
| 2011 | 88 2015 = 100 | -3.7% |
| 2012 | 88.1 2015 = 100 | +0.1% |
| 2013 | 90.4 2015 = 100 | +2.6% |
| 2014 | 91.7 2015 = 100 | +1.4% |
| 2015 | 100 2015 = 100 | +9.1% |
| 2016 | 105 2015 = 100 | +5.0% |
| 2017 | 100.4 2015 = 100 | -4.4% |
| 2018 | 95.6 2015 = 100 | -4.8% |
| 2019 | 97.9 2015 = 100 | +2.4% |
| 2020 | 103.1 2015 = 100 | +5.3% |
| 2021 | 91 2015 = 100 | -11.7% |
| 2022 | 81.4 2015 = 100 | -10.5% |
| 2023 | 87.5 2015 = 100 | +7.5% |
| 2024 | 91.3 2015 = 100 | +4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 84.44 2015 = 100 | 79.8 2015 = 100 | 92.9 2015 = 100 | 5 |
| 2010s | 94.85 2015 = 100 | 88 2015 = 100 | 105 2015 = 100 | 10 |
| 2020s | 90.86 2015 = 100 | 81.4 2015 = 100 | 103.1 2015 = 100 | 5 |
Countries ranked near India
More private sector data for India
- Merchandise trade 30.3% (2025)
- Food imports 5.1% (2024)
- Manufactures imports 46.5% (2024)
- Merchandise imports 753.48 billion current US$ (2025)
- Food exports 11.1% (2024)
- Manufactures exports 67.1% (2024)
- Merchandise exports 445.28 billion current US$ (2025)
- Merchandise exports (current US$), per capita 304.18 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1126 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 0.5401 % change on previous year (2025)
Frequently asked questions
- What is net barter terms of trade index in India?
- Net barter terms of trade index in India was 91.3 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 India?
- The highest recorded value was 105 2015 = 100 in 2016.
- What is the lowest net barter terms of trade index recorded in India?
- The lowest recorded value was 79.8 2015 = 100 in 2007.
- How does India rank for net barter terms of trade index?
- India ranks 164th out of 206 countries with data for 2024.
- Is net barter terms of trade index rising or falling in India?
- Over the last ten years it is down 0.4%. The long-run trend across the full record is rising.
- Where does this India 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.