Naoero: Export value index (2015 = 100)

Key figures

What the numbers say

In 2024, Naoero's export value index (2015 = 100) fell 34.2 on 2023 (from 352.1 to 317.9).

Across the 18 yearly changes before that (2006 to 2023), the average change was +18.01 and a typical year strayed about 332.44 from that (the standard deviation). This year's change was 0.2 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 886.8 in 2008 and the biggest yearly fall was 793.4 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 the straight-line trend is upward, about 31.38 a year. A straight line explains 65% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Naoero had the 13th highest value of the 204 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 Naoero in the 2024 ranking

• Bermuda — 10th of 204: 350.8
• Congo, Dem. Rep. — 11th of 204: 346.1
• Mongolia — 12th of 204: 338.3
• Cambodia — 14th of 204: 311.6
• Sierra Leone — 15th of 204: 303.3
• Georgia — 16th of 204: 298.1

What this measures

Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's export value indexes are reported for most economies.

All 20 values

Export value index (2015 = 100) in nearby economies

• American Samoa — 107.4 (2024)
• Australia — 181.6 (2024)
• Brunei Darussalam — 177.3 (2024)
• Cambodia — 311.6 (2024)
• China — 157.3 (2024)
• Fiji — 127 (2024)
• French Polynesia — 124.7 (2024)
• Guam — 145.1 (2024)
• Hong Kong SAR, China — 126.5 (2024)
• Indonesia — 176.1 (2024)
• Japan — 113.1 (2024)

More trade data for Naoero

• Import volume index (2015 = 100) — 62.4 (2024)
• Import value index (2015 = 100) — 69.5 (2024)
• Net barter terms of trade index (2015 = 100) — 82.7 (2024)
• Export volume index (2015 = 100) — 345.5 (2024)

Every indicator for Naoero is on the Naoero data page.

Reading data like this

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Questions people ask

What is Naoero's export value index (2015 = 100)?

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

How has it changed since 2005?

It is up 1,035% from 28 in 2005 (13.64% a year on average, compounded). The highest value was 1,027 in 2008 and the lowest 28 in 2005.

How does Naoero rank?

13th highest of 204 economies with data for 2024.

Is the latest change in export value index (2015 = 100) unusual for Naoero?

In 2024, Naoero's export value index (2015 = 100) fell 34.2 on 2023 (from 352.1 to 317.9). Across the 18 yearly changes before that (2006 to 2023), the average change was +18.01 and a typical year strayed about 332.44 from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

Source

World Bank, World Development Indicators, indicator TX.VAL.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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