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

Key figures

What the numbers say

In 2024, Yemen, Rep.'s net barter terms of trade index (2015 = 100) rose 1.1 on 2023 (from 106.3 to 107.4).

Across the 18 yearly changes before that (2006 to 2023), the average change was −0.47 and a typical year strayed about 15.14 from that (the standard deviation). This year's change was 0.1 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 21.5 in 2021 and the biggest yearly fall was 36.8 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 the straight-line trend is upward, about 1.71 a year. A straight line explains 30% 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, Yemen, Rep. had the 78th 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 Yemen, Rep. in the 2024 ranking

• Vanuatu — 76th of 203: 107.7
• New Zealand — 77th of 203: 107.6
• Namibia — 78th of 203: 107.4
• Afghanistan — 80th of 203: 107.3
• Syrian Arab Republic — 81st of 203: 107.3
• Tajikistan — 82nd of 203: 107.2

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

• 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 Yemen, Rep.

• Import volume index (2015 = 100) — 53.4 (2024)
• Import value index (2015 = 100) — 66.1 (2024)
• Export volume index (2015 = 100) — 33.2 (2024)
• Export value index (2015 = 100) — 44.1 (2024)

Every indicator for Yemen, Rep. is on the Yemen, Rep. data page.

Reading data like this

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Questions people ask

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

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

How has it changed since 2005?

It is down 6.36% from 114.7 in 2005 (0.35% a year on average, compounded). The highest value was 140.8 in 2013 and the lowest 84.8 in 2020.

How does Yemen, Rep. rank?

78th highest of 203 economies with data for 2024.

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

In 2024, Yemen, Rep.'s net barter terms of trade index (2015 = 100) rose 1.1 on 2023 (from 106.3 to 107.4). Across the 18 yearly changes before that (2006 to 2023), the average change was −0.47 and a typical year strayed about 15.14 from that (the standard deviation). This year's change was 0.1 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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