Central African Republic's net barter terms of trade index (2015 = 100) was 106.9 in 2024, the latest year in the World Bank's World Development Indicators. That is down 14% from 124.3 in 2014 (1.5% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 106.9 | 2024 |
| Five years earlier | 95.8 | 2019 |
| Ten years earlier | 124.3 | 2014 |
| Highest | 128.5 | 2010 |
| Lowest | 88.5 | 2022 |
| Average since 2015 | 99.29 | 2015–2024 |
| First recorded | 107.8 | 2005 |
What the numbers say
In 2024, Central African Republic's net barter terms of trade index (2015 = 100) rose 15 on 2023 (from 91.9 to 106.9).
Across the 18 yearly changes before that (2006 to 2023), the average change was −0.88 and a typical year strayed about 9.81 from that (the standard deviation). This year's change was 1.6 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 15.9 in 2007 and the biggest yearly fall was 24.3 in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 3% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Central African Republic had the 85th highest value of the 203 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Central African Republic | 106.9 | 2024 |
| World | 100.2 | 2024 |
Closest to Central African Republic in the 2024 ranking
- Tajikistan — 82nd of 203: 107.2
- Argentina — 83rd of 203: 107
- Dominican Republic — 84th of 203: 107
- Viet Nam — 86th of 203: 106.5
- Bosnia and Herzegovina — 87th of 203: 106
- United States — 88th of 203: 105.4
What this measures
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.
All 20 values
| Year | Net barter terms of trade index (2015 = 100) |
|---|---|
| 2024 | 106.9 |
| 2023 | 91.9 |
| 2022 | 88.5 |
| 2021 | 100 |
| 2020 | 107.2 |
| 2019 | 95.8 |
| 2018 | 100 |
| 2017 | 101.9 |
| 2016 | 100.7 |
| 2015 | 100 |
| 2014 |
Net barter terms of trade index (2015 = 100) in nearby economies
- Angola — 128.3 (2024)
- Benin — 103 (2024)
- Botswana — 76.7 (2024)
- Burkina Faso — 131.6 (2024)
- Burundi — 125.4 (2024)
- Cabo Verde — 92.1 (2024)
- Cameroon — 123.7 (2024)
- Chad — 150.6 (2024)
- Comoros — 69.7 (2024)
- Congo, Dem. Rep. — 142.4 (2024)
- Congo, Rep.
More trade data for Central African Republic
- Import volume index (2015 = 100) — 133.8 (2024)
- Import value index (2015 = 100) — 156.5 (2024)
- Export volume index (2015 = 100) — 115.1 (2024)
- Export value index (2015 = 100) — 143.8 (2024)
- Binding coverage, manufactured products (%) — 0% (2022)
- Tariff rate, applied, simple mean, manufactured products (%) — 18.11% (2022)
- Tariff rate, most favored nation, simple mean, manufactured products (%) — 17.27% (2022)
- Tariff rate, applied, weighted mean, manufactured products (%) — 12.57% (2022)
Reading data like this
Questions people ask
- What is Central African Republic's net barter terms of trade index (2015 = 100)?
- 106.9 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is down 0.83% from 107.8 in 2005. The highest value was 128.5 in 2010 and the lowest 88.5 in 2022.
- How does Central African Republic rank?
- 85th highest of 203 economies with data for 2024.
- Is the latest change in net barter terms of trade index (2015 = 100) unusual for Central African Republic?
- In 2024, Central African Republic's net barter terms of trade index (2015 = 100) rose 15 on 2023 (from 91.9 to 106.9). Across the 18 yearly changes before that (2006 to 2023), the average change was −0.88 and a typical year strayed about 9.81 from that (the standard deviation). This year's change was 1.6 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator TT.PRI.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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