Net barter terms of trade index in North Korea
North Korea: Net barter terms of trade index was 103.6 2015 = 100 in 2024. ▼ Falling
Net barter terms of trade index in North Korea, 2005–2024
Source: UN Conference on Trade and Development (UNCTAD). Measured in 2015 = 100.
Analysis
The most recent figure for net barter terms of trade index in North Korea is 103.6 2015 = 100, measured in 2024.
Compared with earlier readings it is down 0.6% on the previous year and up 1.1% over ten years.
Over the whole period, net barter terms of trade index in North Korea peaked at 123.7 2015 = 100 in 2010 and was at its lowest, 82.8 2015 = 100, in 2020.
That places North Korea 95th out of 206 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Net barter terms of trade index in North Korea, year by year
| Year | 2015 = 100 | Change |
|---|---|---|
| 2005 | 112.5 2015 = 100 | — |
| 2006 | 112.8 2015 = 100 | +0.3% |
| 2007 | 110 2015 = 100 | -2.5% |
| 2008 | 100.2 2015 = 100 | -8.9% |
| 2009 | 119 2015 = 100 | +18.8% |
| 2010 | 123.7 2015 = 100 | +3.9% |
| 2011 | 115.3 2015 = 100 | -6.8% |
| 2012 | 108.5 2015 = 100 | -5.9% |
| 2013 | 105.6 2015 = 100 | -2.7% |
| 2014 | 102.5 2015 = 100 | -2.9% |
| 2015 | 100 2015 = 100 | -2.4% |
| 2016 | 106.1 2015 = 100 | +6.1% |
| 2017 | 114.2 2015 = 100 | +7.6% |
| 2018 | 83.6 2015 = 100 | -26.8% |
| 2019 | 83.4 2015 = 100 | -0.2% |
| 2020 | 82.8 2015 = 100 | -0.7% |
| 2021 | 89.2 2015 = 100 | +7.7% |
| 2022 | 110.4 2015 = 100 | +23.8% |
| 2023 | 104.2 2015 = 100 | -5.6% |
| 2024 | 103.6 2015 = 100 | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 110.9 2015 = 100 | 100.2 2015 = 100 | 119 2015 = 100 | 5 |
| 2010s | 104.29 2015 = 100 | 83.4 2015 = 100 | 123.7 2015 = 100 | 10 |
| 2020s | 98.04 2015 = 100 | 82.8 2015 = 100 | 110.4 2015 = 100 | 5 |
Countries ranked near North Korea
- 92 New Caledonia 105.1 2015 = 100 compare
- 93 Mexico 104.4 2015 = 100 compare
- 94 Latvia 103.7 2015 = 100 compare
- 95 Italy 103.6 2015 = 100 compare
- 97 Brunei Darussalam 103.2 2015 = 100 compare
- 98 Benin 103 2015 = 100 compare
- 98 Sierra Leone 103 2015 = 100 compare
More private sector data for North Korea
- Merchandise imports 2.87 billion current US$ (2025)
- Merchandise exports 611.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 23 current US$ per person (2025)
- Merchandise exports (current US$), annual growth rate 69.72 % change on previous year (2025)
- Merchandise imports (current US$), per capita 107.97 current US$ per person (2025)
- Merchandise imports (current US$), annual growth rate 22.61 % change on previous year (2025)
- Merchandise imports from economies in the Arab World 0.0% (2023)
- Merchandise imports from high-income economies 0.2% (2023)
- Merchandise imports from low- and middle-income economies outside 2.7% (2023)
- Merchandise imports from low- and middle-income economies in East 97.1% (2023)
Frequently asked questions
- What is net barter terms of trade index in North Korea?
- Net barter terms of trade index in North Korea was 103.6 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 North Korea?
- The highest recorded value was 123.7 2015 = 100 in 2010.
- What is the lowest net barter terms of trade index recorded in North Korea?
- The lowest recorded value was 82.8 2015 = 100 in 2020.
- How does North Korea rank for net barter terms of trade index?
- North Korea ranks 95th out of 206 countries with data for 2024.
- Is net barter terms of trade index rising or falling in North Korea?
- Over the last ten years it is up 1.1%. The long-run trend across the full record is falling.
- Where does this North Korea 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.
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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.