Syrian Arab Republic's net barter terms of trade index (2015 = 100) was 107.3 in 2024, the latest year in the World Bank's World Development Indicators. That is up 6.98% from 100.3 in 2014 (0.68% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 107.3 | 2024 |
| Five years earlier | 100.7 | 2019 |
| Ten years earlier | 100.3 | 2014 |
| Highest | 107.3 | 2024 |
| Lowest | 80.6 | 2005 |
| Average since 2015 | 101.48 | 2015–2024 |
| First recorded | 80.6 | 2005 |
What the numbers say
In 2024, Syrian Arab Republic's net barter terms of trade index (2015 = 100) rose 1.8 on 2023 (from 105.5 to 107.3).
Across the 18 yearly changes before that (2006 to 2023), the average change was +1.38 and a typical year strayed about 1.96 from that (the standard deviation). This year's change was 0.2 standard deviations above 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 4.9 in 2011 and the biggest yearly fall was 1.6 in 2016. 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 0.73 a year. A straight line explains 59% 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, Syrian Arab Republic had the 80th 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 | |
|---|---|---|
| Syrian Arab Republic | 107.3 | 2024 |
| World | 100.2 | 2024 |
Closest to Syrian Arab Republic in the 2024 ranking
- Namibia — 78th of 203: 107.4
- Yemen, Rep. — 79th of 203: 107.4
- Afghanistan — 80th of 203: 107.3
- Tajikistan — 82nd of 203: 107.2
- Argentina — 83rd of 203: 107
- Dominican Republic — 84th of 203: 107
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 | 107.3 |
| 2023 | 105.5 |
| 2022 | 102.8 |
| 2021 | 99.3 |
| 2020 | 99.3 |
| 2019 | 100.7 |
| 2018 | 101 |
| 2017 | 100.5 |
| 2016 | 98.4 |
| 2015 | 100 |
| 2014 |
Net barter terms of trade index (2015 = 100) in nearby economies
- Afghanistan — 107.3 (2024)
- Algeria — 138.2 (2024)
- Bahrain — 123.4 (2024)
- Djibouti — 93.8 (2024)
- Egypt, Arab Rep. — 112.2 (2024)
- Iran, Islamic Rep. — 119.8 (2024)
- Iraq — 122.9 (2024)
- Israel — 93.3 (2024)
- Jordan — 93.3 (2024)
- Kuwait — 123.3 (2024)
- Lebanon
More trade data for Syrian Arab Republic
- Import volume index (2015 = 100) — 79.3 (2024)
- Import value index (2015 = 100) — 101.2 (2024)
- Export volume index (2015 = 100) — 104.2 (2024)
- Export value index (2015 = 100) — 142.8 (2024)
Every indicator for Syrian Arab Republic is on the Syrian Arab Republic data page.
Reading data like this
Questions people ask
- What is Syrian Arab Republic's net barter terms of trade index (2015 = 100)?
- 107.3 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is up 33.13% from 80.6 in 2005 (1.52% a year on average, compounded). The highest value was 107.3 in 2024 and the lowest 80.6 in 2005.
- How does Syrian Arab Republic rank?
- 80th highest of 203 economies with data for 2024.
- Is the latest change in net barter terms of trade index (2015 = 100) unusual for Syrian Arab Republic?
- In 2024, Syrian Arab Republic's net barter terms of trade index (2015 = 100) rose 1.8 on 2023 (from 105.5 to 107.3). Across the 18 yearly changes before that (2006 to 2023), the average change was +1.38 and a typical year strayed about 1.96 from that (the standard deviation). This year's change was 0.2 standard deviations above 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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