Net barter terms of trade index in Trinidad and Tobago
Trinidad and Tobago: Net barter terms of trade index was 122.8 2015 = 100 in 2024. ▲ Rising
Net barter terms of trade index in Trinidad and Tobago, 2005–2024
Source: UN Conference on Trade and Development (UNCTAD). Measured in 2015 = 100.
Analysis
In 2024, net barter terms of trade index in Trinidad and Tobago stood at 122.8 2015 = 100.
That represents a change of down 6.0% on the previous year and up 17.0% over ten years.
Over the whole period, net barter terms of trade index in Trinidad and Tobago peaked at 162.1 2015 = 100 in 2022 and was at its lowest, 87.1 2015 = 100, in 2020.
Trinidad and Tobago ranks 39th of 206 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Net barter terms of trade index in Trinidad and Tobago, year by year
| Year | 2015 = 100 | Change |
|---|---|---|
| 2005 | 120.6 2015 = 100 | — |
| 2006 | 116.8 2015 = 100 | -3.2% |
| 2007 | 115.8 2015 = 100 | -0.9% |
| 2008 | 129.3 2015 = 100 | +11.7% |
| 2009 | 102.2 2015 = 100 | -21.0% |
| 2010 | 101.2 2015 = 100 | -1.0% |
| 2011 | 104.6 2015 = 100 | +3.4% |
| 2012 | 101 2015 = 100 | -3.4% |
| 2013 | 102.5 2015 = 100 | +1.5% |
| 2014 | 105 2015 = 100 | +2.4% |
| 2015 | 100 2015 = 100 | -4.8% |
| 2016 | 93.3 2015 = 100 | -6.7% |
| 2017 | 97.6 2015 = 100 | +4.6% |
| 2018 | 103.5 2015 = 100 | +6.0% |
| 2019 | 95.4 2015 = 100 | -7.8% |
| 2020 | 87.1 2015 = 100 | -8.7% |
| 2021 | 127.4 2015 = 100 | +46.3% |
| 2022 | 162.1 2015 = 100 | +27.2% |
| 2023 | 130.6 2015 = 100 | -19.4% |
| 2024 | 122.8 2015 = 100 | -6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 116.94 2015 = 100 | 102.2 2015 = 100 | 129.3 2015 = 100 | 5 |
| 2010s | 100.41 2015 = 100 | 93.3 2015 = 100 | 105 2015 = 100 | 10 |
| 2020s | 126 2015 = 100 | 87.1 2015 = 100 | 162.1 2015 = 100 | 5 |
Countries ranked near Trinidad and Tobago
More private sector data for Trinidad and Tobago
- Merchandise trade 48.6% (2025)
- Food imports 16.4% (2024)
- Manufactures imports 61.9% (2024)
- Merchandise imports 5.80 billion current US$ (2025)
- Food exports 8.2% (2024)
- Manufactures exports 59.1% (2024)
- Merchandise exports 6.82 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,983 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2627 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -13.71 % change on previous year (2025)
Frequently asked questions
- What is net barter terms of trade index in Trinidad and Tobago?
- Net barter terms of trade index in Trinidad and Tobago was 122.8 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 Trinidad and Tobago?
- The highest recorded value was 162.1 2015 = 100 in 2022.
- What is the lowest net barter terms of trade index recorded in Trinidad and Tobago?
- The lowest recorded value was 87.1 2015 = 100 in 2020.
- How does Trinidad and Tobago rank for net barter terms of trade index?
- Trinidad and Tobago ranks 39th out of 206 countries with data for 2024.
- Is net barter terms of trade index rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 17.0%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago 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.