Net barter terms of trade index in North Macedonia
North Macedonia: Net barter terms of trade index was 97.2 2015 = 100 in 2024. ▲ Rising
Net barter terms of trade index in North Macedonia, 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 Macedonia is 97.2 2015 = 100, measured in 2024.
That represents a change of up 4.0% on the previous year and up 5.8% over ten years.
Over the whole period, net barter terms of trade index in North Macedonia peaked at 106.9 2015 = 100 in 2020 and was at its lowest, 84.4 2015 = 100, in 2008.
North Macedonia ranks 128th of 206 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Net barter terms of trade index in North Macedonia, year by year
| Year | 2015 = 100 | Change |
|---|---|---|
| 2005 | 86.1 2015 = 100 | — |
| 2006 | 84.8 2015 = 100 | -1.5% |
| 2007 | 85.1 2015 = 100 | +0.4% |
| 2008 | 84.4 2015 = 100 | -0.8% |
| 2009 | 93.2 2015 = 100 | +10.4% |
| 2010 | 92.1 2015 = 100 | -1.2% |
| 2011 | 89.6 2015 = 100 | -2.7% |
| 2012 | 90.4 2015 = 100 | +0.9% |
| 2013 | 90.9 2015 = 100 | +0.6% |
| 2014 | 91.9 2015 = 100 | +1.1% |
| 2015 | 100 2015 = 100 | +8.8% |
| 2016 | 104 2015 = 100 | +4.0% |
| 2017 | 102.4 2015 = 100 | -1.5% |
| 2018 | 100.3 2015 = 100 | -2.1% |
| 2019 | 102.6 2015 = 100 | +2.3% |
| 2020 | 106.9 2015 = 100 | +4.2% |
| 2021 | 95 2015 = 100 | -11.1% |
| 2022 | 88.1 2015 = 100 | -7.3% |
| 2023 | 93.5 2015 = 100 | +6.1% |
| 2024 | 97.2 2015 = 100 | +4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 86.72 2015 = 100 | 84.4 2015 = 100 | 93.2 2015 = 100 | 5 |
| 2010s | 96.42 2015 = 100 | 89.6 2015 = 100 | 104 2015 = 100 | 10 |
| 2020s | 96.14 2015 = 100 | 88.1 2015 = 100 | 106.9 2015 = 100 | 5 |
Countries ranked near North Macedonia
More private sector data for North Macedonia
- Merchandise trade 115.8% (2025)
- Food imports 11.7% (2024)
- Manufactures imports 64.5% (2024)
- Merchandise imports 13.06 billion current US$ (2025)
- Food exports 10.6% (2024)
- Manufactures exports 80.6% (2024)
- Merchandise exports 9.06 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,973 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4741 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.53 % change on previous year (2025)
Frequently asked questions
- What is net barter terms of trade index in North Macedonia?
- Net barter terms of trade index in North Macedonia was 97.2 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 Macedonia?
- The highest recorded value was 106.9 2015 = 100 in 2020.
- What is the lowest net barter terms of trade index recorded in North Macedonia?
- The lowest recorded value was 84.4 2015 = 100 in 2008.
- How does North Macedonia rank for net barter terms of trade index?
- North Macedonia ranks 128th out of 206 countries with data for 2024.
- Is net barter terms of trade index rising or falling in North Macedonia?
- Over the last ten years it is up 5.8%. The long-run trend across the full record is rising.
- Where does this North Macedonia 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.