Net barter terms of trade index in Somalia
Somalia: Net barter terms of trade index was 75.1 2015 = 100 in 2024. ▲ Rising
Net barter terms of trade index in Somalia, 2005–2024
Source: UN Conference on Trade and Development (UNCTAD). Measured in 2015 = 100.
Analysis
Somalia recorded 75.1 2015 = 100 for net barter terms of trade index in 2024. That is the lowest value across all 20 years on record.
That represents a change of down 35.4% on the previous year and down 30.6% over ten years.
Over the whole period, net barter terms of trade index in Somalia peaked at 120.5 2015 = 100 in 2021 and was at its lowest, 75.1 2015 = 100, in 2024.
Somalia ranks 200th 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 Somalia, year by year
| Year | 2015 = 100 | Change |
|---|---|---|
| 2005 | 86.7 2015 = 100 | — |
| 2006 | 88 2015 = 100 | +1.5% |
| 2007 | 94.9 2015 = 100 | +7.8% |
| 2008 | 88.4 2015 = 100 | -6.8% |
| 2009 | 84.9 2015 = 100 | -4.0% |
| 2010 | 94.1 2015 = 100 | +10.8% |
| 2011 | 93.9 2015 = 100 | -0.2% |
| 2012 | 96.4 2015 = 100 | +2.7% |
| 2013 | 101.7 2015 = 100 | +5.5% |
| 2014 | 108.2 2015 = 100 | +6.4% |
| 2015 | 100 2015 = 100 | -7.6% |
| 2016 | 93.5 2015 = 100 | -6.5% |
| 2017 | 101.4 2015 = 100 | +8.4% |
| 2018 | 102.6 2015 = 100 | +1.2% |
| 2019 | 105.2 2015 = 100 | +2.5% |
| 2020 | 111.7 2015 = 100 | +6.2% |
| 2021 | 120.5 2015 = 100 | +7.9% |
| 2022 | 116.9 2015 = 100 | -3.0% |
| 2023 | 116.3 2015 = 100 | -0.5% |
| 2024 | 75.1 2015 = 100 | -35.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 88.58 2015 = 100 | 84.9 2015 = 100 | 94.9 2015 = 100 | 5 |
| 2010s | 99.7 2015 = 100 | 93.5 2015 = 100 | 108.2 2015 = 100 | 10 |
| 2020s | 108.1 2015 = 100 | 75.1 2015 = 100 | 120.5 2015 = 100 | 5 |
Countries ranked near Somalia
More private sector data for Somalia
- Merchandise trade 40.2% (2025)
- Food imports 22.4% (1982)
- Manufactures imports 54.7% (1982)
- Merchandise imports 3.93 billion current US$ (2025)
- Food exports 93.7% (1982)
- Manufactures exports 1.3% (1982)
- Merchandise exports 1.30 billion current US$ (2025)
- Merchandise exports (current US$), per capita 66.14 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -11.74 % change on previous year (2025)
Frequently asked questions
- What is net barter terms of trade index in Somalia?
- Net barter terms of trade index in Somalia was 75.1 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 Somalia?
- The highest recorded value was 120.5 2015 = 100 in 2021.
- What is the lowest net barter terms of trade index recorded in Somalia?
- The lowest recorded value was 75.1 2015 = 100 in 2024.
- How does Somalia rank for net barter terms of trade index?
- Somalia ranks 200th out of 206 countries with data for 2024.
- Is net barter terms of trade index rising or falling in Somalia?
- Over the last ten years it is down 30.6%. The long-run trend across the full record is rising.
- Where does this Somalia 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.