São Tomé and Principe's net barter terms of trade index (2015 = 100) was 130.3 in 2024, the latest year in the World Bank's World Development Indicators. That is up 26.02% from 103.4 in 2014 (2.34% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 130.3 | 2024 |
| Five years earlier | 119.1 | 2019 |
| Ten years earlier | 103.4 | 2014 |
| Highest | 137.6 | 2016 |
| Lowest | 93 | 2022 |
| Average since 2015 | 114.18 | 2015–2024 |
| First recorded | 113.1 | 2005 |
What the numbers say
In 2024, São Tomé and Principe's net barter terms of trade index (2015 = 100) rose 23.3 on 2023 (from 107 to 130.3).
Across the 18 yearly changes before that (2006 to 2023), the average change was −0.34 and a typical year strayed about 13.08 from that (the standard deviation). This year's change was 1.8 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 37.6 in 2016 and the biggest yearly fall was 26.3 in 2017. 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 1% 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, São Tomé and Principe had the 25th 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 | |
|---|---|---|
| São Tomé and Principe | 130.3 | 2024 |
| World | 100.2 | 2024 |
Closest to São Tomé and Principe in the 2024 ranking
- Belarus — 22nd of 203: 131.4
- Papua New Guinea — 23rd of 203: 131.2
- Guinea-Bissau — 24th of 203: 130.5
- Rwanda — 26th of 203: 129.9
- Angola — 27th of 203: 128.3
- Turkmenistan — 28th of 203: 127.5
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 | 130.3 |
| 2023 | 107 |
| 2022 | 93 |
| 2021 | 105 |
| 2020 | 123.2 |
| 2019 | 119.1 |
| 2018 | 115.3 |
| 2017 | 111.3 |
| 2016 | 137.6 |
| 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)
- Central African Republic — 106.9 (2024)
- Chad — 150.6 (2024)
- Comoros — 69.7 (2024)
More trade data for São Tomé and Principe
- Import volume index (2015 = 100) — 96.2 (2024)
- Import value index (2015 = 100) — 121.9 (2024)
- Export volume index (2015 = 100) — 160 (2024)
- Export value index (2015 = 100) — 264.3 (2024)
Every indicator for São Tomé and Principe is on the São Tomé and Principe data page.
Reading data like this
Questions people ask
- What is São Tomé and Principe's net barter terms of trade index (2015 = 100)?
- 130.3 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is up 15.21% from 113.1 in 2005 (0.75% a year on average, compounded). The highest value was 137.6 in 2016 and the lowest 93 in 2022.
- How does São Tomé and Principe rank?
- 25th highest of 203 economies with data for 2024.
- Is the latest change in net barter terms of trade index (2015 = 100) unusual for São Tomé and Principe?
- In 2024, São Tomé and Principe's net barter terms of trade index (2015 = 100) rose 23.3 on 2023 (from 107 to 130.3). Across the 18 yearly changes before that (2006 to 2023), the average change was −0.34 and a typical year strayed about 13.08 from that (the standard deviation). This year's change was 1.8 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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