Merchandise Terms of Trade in Africa
Africa: Merchandise Terms of Trade was 119.85 1987 = 100 in 2011. ▲ Rising
Latest (2011)
119.85 1987 = 100
Change on year
up 7.4%
Rank
2nd
of 6 groups
All-time high
119.85 1987 = 100
in 2011
All-time low
72.44 1987 = 100
in 1972
Years of data
47
1965–2011
Merchandise Terms of Trade in Africa, 1965–2011
Source: World Bank country economists. Measured in 1987 = 100.
Analysis
The most recent figure for merchandise terms of trade in Africa is 119.85 1987 = 100, measured in 2011. That is the highest value across all 47 years on record.
That represents a change of up 7.4% on the previous year and up 19.8% over ten years.
Over the whole period, merchandise terms of trade in Africa peaked at 119.85 1987 = 100 in 2011 and was at its lowest, 72.44 1987 = 100, in 1972.
The long-run direction has been consistently rising across the 47 years of available data.
Merchandise Terms of Trade in Africa, year by year
| Year | 1987 = 100 | Change |
|---|---|---|
| 1965 | 98.03 1987 = 100 | — |
| 1966 | 86.82 1987 = 100 | -11.4% |
| 1967 | 100 1987 = 100 | +15.2% |
| 1968 | 99.95 1987 = 100 | -0.1% |
| 1969 | 87.1 1987 = 100 | -12.9% |
| 1970 | 83.87 1987 = 100 | -3.7% |
| 1971 | 98.75 1987 = 100 | +17.7% |
| 1972 | 72.44 1987 = 100 | -26.6% |
| 1973 | 76.51 1987 = 100 | +5.6% |
| 1974 | 91.33 1987 = 100 | +19.4% |
| 1975 | 94.63 1987 = 100 | +3.6% |
| 1976 | 107.82 1987 = 100 | +13.9% |
| 1977 | 101.61 1987 = 100 | -5.8% |
| 1978 | 87.47 1987 = 100 | -13.9% |
| 1979 | 86.16 1987 = 100 | -1.5% |
| 1980 | 85.69 1987 = 100 | -0.5% |
| 1981 | 90.9 1987 = 100 | +6.1% |
| 1982 | 95.14 1987 = 100 | +4.7% |
| 1983 | 99.26 1987 = 100 | +4.3% |
| 1984 | 108.11 1987 = 100 | +8.9% |
| 1985 | 100.56 1987 = 100 | -7.0% |
| 1986 | 100 1987 = 100 | -0.6% |
| 1987 | 100 1987 = 100 | +0.0% |
| 1988 | 97.08 1987 = 100 | -2.9% |
| 1989 | 99.5 1987 = 100 | +2.5% |
| 1990 | 99.45 1987 = 100 | -0.1% |
| 1991 | 97.19 1987 = 100 | -2.3% |
| 1992 | 92.47 1987 = 100 | -4.9% |
| 1993 | 85.06 1987 = 100 | -8.0% |
| 1994 | 89.4 1987 = 100 | +5.1% |
| 1995 | 91.33 1987 = 100 | +2.2% |
| 1996 | 98.17 1987 = 100 | +7.5% |
| 1997 | 99.96 1987 = 100 | +1.8% |
| 1998 | 100.1 1987 = 100 | +0.1% |
| 1999 | 92.33 1987 = 100 | -7.8% |
| 2000 | 99.91 1987 = 100 | +8.2% |
| 2001 | 100 1987 = 100 | +0.1% |
| 2002 | 100 1987 = 100 | +0.0% |
| 2003 | 100.6 1987 = 100 | +0.6% |
| 2004 | 101.73 1987 = 100 | +1.1% |
| 2005 | 100.35 1987 = 100 | -1.4% |
| 2006 | 98.25 1987 = 100 | -2.1% |
| 2007 | 100 1987 = 100 | +1.8% |
| 2008 | 100.3 1987 = 100 | +0.3% |
| 2009 | 108.04 1987 = 100 | +7.7% |
| 2010 | 111.58 1987 = 100 | +3.3% |
| 2011 | 119.85 1987 = 100 | +7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 94.38 1987 = 100 | 86.82 1987 = 100 | 100 1987 = 100 | 5 |
| 1970s | 90.06 1987 = 100 | 72.44 1987 = 100 | 107.82 1987 = 100 | 10 |
| 1980s | 97.62 1987 = 100 | 85.69 1987 = 100 | 108.11 1987 = 100 | 10 |
| 1990s | 94.55 1987 = 100 | 85.06 1987 = 100 | 100.1 1987 = 100 | 10 |
| 2000s | 100.92 1987 = 100 | 98.25 1987 = 100 | 108.04 1987 = 100 | 10 |
| 2010s | 115.71 1987 = 100 | 111.58 1987 = 100 | 119.85 1987 = 100 | 2 |
Countries ranked near Africa
More trade data for Africa
- Milking, dairy machinery (trade) — Import Value 64,599 1000 USD (2007)
- Milking, dairy machinery (trade) — Export Value 2,418 1000 USD (2007)
- Ploughs (e.g. reversible and non-reversible ploughs) — Import Value 12,951 1000 USD (2007)
- Pedestrian controlled tractors (single axle tractors) — Import Value 20,251 1000 USD (2007)
- Net long-term borrowing 496.17 million BoP, current US$ (2011)
- Pesticides imports 992.27 million FAO, current US$ (2011)
- Manure spreaders and Fertiliser distributors — Import Value 8,033 1000 USD (2007)
- Food imports excluding fish 51.61 billion FAO, current US$ (2010)
- Total agricultural imports 62.76 billion FAO, current US$ (2010)
- Cereal imports 18.44 billion FAO, current US$ (2010)
Frequently asked questions
- What is merchandise terms of trade in Africa?
- Merchandise terms of trade in Africa was 119.85 1987 = 100 in 2011, according to World Bank country economists.
- What is the highest merchandise terms of trade recorded in Africa?
- The highest recorded value was 119.85 1987 = 100 in 2011.
- What is the lowest merchandise terms of trade recorded in Africa?
- The lowest recorded value was 72.44 1987 = 100 in 1972.
- How does Africa rank for merchandise terms of trade?
- Africa ranks 2nd out of 6 groups with data for 2011.
- Is merchandise terms of trade rising or falling in Africa?
- Over the last ten years it is up 19.8%. The long-run trend across the full record is rising.
- Where does this Africa data come from?
- The figures come from World Bank country economists, published as part of Merchandise Terms of Trade (1987 = 100). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net barter (merchandise) terms of trade (1987 = 100) are the ratio of the export price index to the corresponding import price index measured relative to the base year of 1987.