Gibraltar: Terms of trade

* indicates monthly or quarterly data series

Terms of trade, base year = 2000

 Latest value 79.42
 Year 2021
 Measure percent
 Data availability 2000 - 2021
 Average 114.92
 Min - Max 79.42 - 183.42
 Source The United Nations
For that indicator, we provide data for Gibraltar from 2000 to 2021. The average value for Gibraltar during that period was 114.92 percent with a minimum of 79.42 percent in 2021 and a maximum of 183.42 percent in 2002. The latest value from 2021 is 79.42 percent. For comparison, the world average in 2021 based on 189 countries is 109.62 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Gibraltar - Terms of trade - Recent values chart

Historical chart
Gibraltar - Terms of trade - historical chart - 2000-2021

The terms of trade for Gibraltar are calculated as the value of its exports as percent of the value of its imports. An increase in the terms of trade means that the value of exports is increasing relative to the value of imports. The country can afford to buy more imports with the revenue from its exports. For example, an increase in the price of oil increases (improves) the terms of trade for the oil-exporting countries and lowers it for the other countries.
Definition: 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.

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 Terms of trade 79.42 2021 percent
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