Net barter terms of trade index (2000 = 100) in Vanuatu was reported at 92.77 in 2018, according to the World Bank collection of development indicators, compiled from officially recognized sources. Vanuatu - Net barter terms of trade index (2000 = 100) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2020.


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 vanuatu net barter terms of trade index 2000  100 wb 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 2000. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year’s trade values at the Standard International Trade Classification three-digit level as weights. To improve data coverage, especially for the latest periods, UNCTAD constructs a set of average prices indexes at the three-digit product classification of the Standard International Trade Classification revision 3 using UNCTAD’s Commodity Price Statistics, interna­tional and national sources, and UNCTAD secretariat estimates and calculates unit value indexes at the country level using the current year's trade values as weights.


Vanuatu | World Bank Development Indicators