Net barter terms of trade index in Norway
Norway: Net barter terms of trade index was 115.5 2015 = 100 in 2024. ▲ Rising
Net barter terms of trade index in Norway, 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 Norway is 115.5 2015 = 100, measured in 2024.
That represents a change of down 6.8% on the previous year and down 3.1% over ten years.
Over the whole period, net barter terms of trade index in Norway peaked at 185.7 2015 = 100 in 2022 and was at its lowest, 72.5 2015 = 100, in 2020.
Norway ranks 59th 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 Norway, year by year
| Year | 2015 = 100 | Change |
|---|---|---|
| 2005 | 99.8 2015 = 100 | — |
| 2006 | 114.2 2015 = 100 | +14.4% |
| 2007 | 110.2 2015 = 100 | -3.5% |
| 2008 | 126.4 2015 = 100 | +14.7% |
| 2009 | 101 2015 = 100 | -20.1% |
| 2010 | 112.5 2015 = 100 | +11.4% |
| 2011 | 127.8 2015 = 100 | +13.6% |
| 2012 | 131.2 2015 = 100 | +2.7% |
| 2013 | 129.7 2015 = 100 | -1.1% |
| 2014 | 119.2 2015 = 100 | -8.1% |
| 2015 | 100 2015 = 100 | -16.1% |
| 2016 | 89 2015 = 100 | -11.0% |
| 2017 | 96.6 2015 = 100 | +8.5% |
| 2018 | 107.3 2015 = 100 | +11.1% |
| 2019 | 93.5 2015 = 100 | -12.9% |
| 2020 | 72.5 2015 = 100 | -22.5% |
| 2021 | 122 2015 = 100 | +68.3% |
| 2022 | 185.7 2015 = 100 | +52.2% |
| 2023 | 123.9 2015 = 100 | -33.3% |
| 2024 | 115.5 2015 = 100 | -6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 110.32 2015 = 100 | 99.8 2015 = 100 | 126.4 2015 = 100 | 5 |
| 2010s | 110.68 2015 = 100 | 89 2015 = 100 | 131.2 2015 = 100 | 10 |
| 2020s | 123.92 2015 = 100 | 72.5 2015 = 100 | 185.7 2015 = 100 | 5 |
Countries ranked near Norway
- 56 Malaysia 116.1 2015 = 100 compare
- 56 Russian Federation 116.1 2015 = 100 compare
- 58 Togo 115.6 2015 = 100 compare
- 60 Northern Mariana Islands 114.6 2015 = 100 compare
- 61 Equatorial Guinea 114.1 2015 = 100 compare
- 62 Senegal 112.4 2015 = 100 compare
More private sector data for Norway
- Merchandise trade 52.4% (2025)
- Food imports 11.1% (2025)
- Manufactures imports 73.4% (2025)
- Merchandise imports 107.32 billion current US$ (2025)
- Food exports 10.8% (2025)
- Manufactures exports 17.3% (2025)
- Merchandise exports 170.57 billion current US$ (2025)
- Merchandise exports (current US$), per capita 30,399 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3214 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 1.54 % change on previous year (2025)
Frequently asked questions
- What is net barter terms of trade index in Norway?
- Net barter terms of trade index in Norway was 115.5 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 Norway?
- The highest recorded value was 185.7 2015 = 100 in 2022.
- What is the lowest net barter terms of trade index recorded in Norway?
- The lowest recorded value was 72.5 2015 = 100 in 2020.
- How does Norway rank for net barter terms of trade index?
- Norway ranks 59th out of 206 countries with data for 2024.
- Is net barter terms of trade index rising or falling in Norway?
- Over the last ten years it is down 3.1%. The long-run trend across the full record is rising.
- Where does this Norway 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.