Net barter terms of trade index in Venezuela
Venezuela: Net barter terms of trade index was 119.2 2015 = 100 in 2018. ▼ Falling
Net barter terms of trade index in Venezuela, 2005–2018
Source: UN Conference on Trade and Development (UNCTAD). Measured in 2015 = 100.
Analysis
In 2018, net barter terms of trade index in Venezuela stood at 119.2 2015 = 100.
That represents a change of up 21.3% on the previous year and down 32.0% over ten years.
Over the whole period, net barter terms of trade index in Venezuela peaked at 184.1 2015 = 100 in 2012 and was at its lowest, 83.9 2015 = 100, in 2016.
Venezuela ranks 50th of 206 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Net barter terms of trade index in Venezuela, year by year
| Year | 2015 = 100 | Change |
|---|---|---|
| 2005 | 108.5 2015 = 100 | — |
| 2006 | 129.5 2015 = 100 | +19.4% |
| 2007 | 142 2015 = 100 | +9.7% |
| 2008 | 175.3 2015 = 100 | +23.5% |
| 2009 | 127.6 2015 = 100 | -27.2% |
| 2010 | 151.7 2015 = 100 | +18.9% |
| 2011 | 182.3 2015 = 100 | +20.2% |
| 2012 | 184.1 2015 = 100 | +1.0% |
| 2013 | 180.4 2015 = 100 | -2.0% |
| 2014 | 169.6 2015 = 100 | -6.0% |
| 2015 | 100 2015 = 100 | -41.0% |
| 2016 | 83.9 2015 = 100 | -16.1% |
| 2017 | 98.3 2015 = 100 | +17.2% |
| 2018 | 119.2 2015 = 100 | +21.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 136.58 2015 = 100 | 108.5 2015 = 100 | 175.3 2015 = 100 | 5 |
| 2010s | 141.06 2015 = 100 | 83.9 2015 = 100 | 184.1 2015 = 100 | 9 |
Countries ranked near Venezuela
- 47 Iran 119.8 2015 = 100 compare
- 48 Kazakhstan 119.4 2015 = 100 compare
- 49 Libya 119.3 2015 = 100 compare
- 51 Kyrgyzstan 118.6 2015 = 100 compare
- 52 Ethiopia 118.5 2015 = 100 compare
- 53 Mozambique 117.5 2015 = 100 compare
More private sector data for Venezuela
- Merchandise trade 22.5% (2025)
- Food imports 18.4% (2013)
- Manufactures imports 70.7% (2013)
- Merchandise imports 13.80 billion current US$ (2025)
- Food exports 0.0% (2013)
- Manufactures exports 1.8% (2013)
- Merchandise exports 8.60 billion current US$ (2025)
- Merchandise exports (current US$), per capita 301.58 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0863 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -40.13 % change on previous year (2025)
Frequently asked questions
- What is net barter terms of trade index in Venezuela?
- Net barter terms of trade index in Venezuela was 119.2 2015 = 100 in 2018, according to UN Conference on Trade and Development (UNCTAD).
- What is the highest net barter terms of trade index recorded in Venezuela?
- The highest recorded value was 184.1 2015 = 100 in 2012.
- What is the lowest net barter terms of trade index recorded in Venezuela?
- The lowest recorded value was 83.9 2015 = 100 in 2016.
- How does Venezuela rank for net barter terms of trade index?
- Venezuela ranks 50th out of 206 countries with data for 2018.
- Is net barter terms of trade index rising or falling in Venezuela?
- Over the last ten years it is down 32.0%. The long-run trend across the full record is falling.
- Where does this Venezuela 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 — 14 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.