Congo, Rep.: Net barter terms of trade index (2015 = 100)

Key figures

What the numbers say

In 2024, Congo, Rep.'s net barter terms of trade index (2015 = 100) fell 2.2 on 2023 (from 110.4 to 108.2).

Across the 18 yearly changes before that (2006 to 2023), the average change was +0.12 and a typical year strayed about 21.05 from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 32.8 in 2021 and the biggest yearly fall was 43.9 in 2009. 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 19% 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, Congo, Rep. had the 74th 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.

Closest to Congo, Rep. in the 2024 ranking

• Azerbaijan — 71st of 203: 108.4
• Armenia — 72nd of 203: 108.3
• Slovenia — 73rd of 203: 108.3
• United Arab Emirates — 75th of 203: 107.8
• Vanuatu — 76th of 203: 107.7
• New Zealand — 77th of 203: 107.6

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

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)
• Central African Republic — 106.9 (2024)
• Chad — 150.6 (2024)
• Comoros — 69.7 (2024)

More trade data for Congo, Rep.

• Import volume index (2015 = 100) — 38.7 (2024)
• Import value index (2015 = 100) — 49.6 (2024)
• Export volume index (2015 = 100) — 65.9 (2024)
• Export value index (2015 = 100) — 91.3 (2024)
• Tariff rate, applied, simple mean, manufactured products (%) — 18.58% (2022)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 17.27% (2022)
• Tariff rate, applied, weighted mean, manufactured products (%) — 17.9% (2022)
• Tariff rate, most favored nation, weighted mean, manufactured products (%) — 17.9% (2022)
• Tariff rate, applied, simple mean, all products (%)

Reading data like this

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Questions people ask

What is Congo, Rep.'s net barter terms of trade index (2015 = 100)?

108.2 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is down 0.09% from 108.3 in 2005. The highest value was 151.1 in 2008 and the lowest 79.1 in 2020.

How does Congo, Rep. rank?

74th highest of 203 economies with data for 2024.

Is the latest change in net barter terms of trade index (2015 = 100) unusual for Congo, Rep.?

In 2024, Congo, Rep.'s net barter terms of trade index (2015 = 100) fell 2.2 on 2023 (from 110.4 to 108.2). Across the 18 yearly changes before that (2006 to 2023), the average change was +0.12 and a typical year strayed about 21.05 from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

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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