{"entity":{"iso2":"A9","iso3":"AFR","name":"Africa","slug":"africa"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"merchandise-terms-of-trade-1987-100","source":"World Bank country economists","source_url":"https://data.worldbank.org/indicator/TT.PRI.MRCH.XD.WB","title":"Merchandise Terms of Trade (1987 = 100)","unit":"1987 = 100"},"observations":[{"date":"1965-01-01","value":98.0323},{"date":"1966-01-01","value":86.8215},{"date":"1967-01-01","value":100.0},{"date":"1968-01-01","value":99.946},{"date":"1969-01-01","value":87.1017},{"date":"1970-01-01","value":83.8696},{"date":"1971-01-01","value":98.7546},{"date":"1972-01-01","value":72.4426},{"date":"1973-01-01","value":76.5126},{"date":"1974-01-01","value":91.3341},{"date":"1975-01-01","value":94.6305},{"date":"1976-01-01","value":107.821},{"date":"1977-01-01","value":101.613},{"date":"1978-01-01","value":87.4667},{"date":"1979-01-01","value":86.1649},{"date":"1980-01-01","value":85.6923},{"date":"1981-01-01","value":90.8966},{"date":"1982-01-01","value":95.1394},{"date":"1983-01-01","value":99.2635},{"date":"1984-01-01","value":108.107},{"date":"1985-01-01","value":100.556},{"date":"1986-01-01","value":100.0},{"date":"1987-01-01","value":100.0},{"date":"1988-01-01","value":97.0845},{"date":"1989-01-01","value":99.4985},{"date":"1990-01-01","value":99.4483},{"date":"1991-01-01","value":97.1937},{"date":"1992-01-01","value":92.4748},{"date":"1993-01-01","value":85.061},{"date":"1994-01-01","value":89.4042},{"date":"1995-01-01","value":91.3272},{"date":"1996-01-01","value":98.1747},{"date":"1997-01-01","value":99.9599},{"date":"1998-01-01","value":100.102},{"date":"1999-01-01","value":92.3288},{"date":"2000-01-01","value":99.9145},{"date":"2001-01-01","value":100.0},{"date":"2002-01-01","value":100.0},{"date":"2003-01-01","value":100.596},{"date":"2004-01-01","value":101.732},{"date":"2005-01-01","value":100.354},{"date":"2006-01-01","value":98.2516},{"date":"2007-01-01","value":100.0},{"date":"2008-01-01","value":100.298},{"date":"2009-01-01","value":108.042},{"date":"2010-01-01","value":111.582},{"date":"2011-01-01","value":119.847}],"summary":{"latest_period":"2011-01-01","latest_value":119.847,"max":119.847,"mean":96.486,"min":72.4426,"of":6,"rank":2,"trend":"rising"}}