Merchandise Terms of Trade in Sub-Saharan Africa
Sub-Saharan Africa: Merchandise Terms of Trade was 104.88 1987 = 100 in 2011. ▲ Rising
Latest (2011)
104.88 1987 = 100
Change on year
down 6.0%
Rank
3rd
of 6 groups
All-time high
111.58 1987 = 100
in 2010
All-time low
57.85 1987 = 100
in 1972
Years of data
47
1965–2011
Merchandise Terms of Trade in Sub-Saharan Africa, 1965–2011
Source: World Bank country economists. Measured in 1987 = 100.
Analysis
The most recent figure for merchandise terms of trade in Sub-Saharan Africa is 104.88 1987 = 100, measured in 2011.
The figure is down 6.0% on the previous year and up 3.9% over ten years.
Over the whole period, merchandise terms of trade in Sub-Saharan Africa peaked at 111.58 1987 = 100 in 2010 and was at its lowest, 57.85 1987 = 100, in 1972.
The long-run direction has been consistently rising across the 47 years of available data.
Merchandise Terms of Trade in Sub-Saharan 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 | 62.83 1987 = 100 | -27.9% |
| 1971 | 79.59 1987 = 100 | +26.7% |
| 1972 | 57.85 1987 = 100 | -27.3% |
| 1973 | 69.02 1987 = 100 | +19.3% |
| 1974 | 83.3 1987 = 100 | +20.7% |
| 1975 | 89.97 1987 = 100 | +8.0% |
| 1976 | 98.78 1987 = 100 | +9.8% |
| 1977 | 93.66 1987 = 100 | -5.2% |
| 1978 | 85.93 1987 = 100 | -8.3% |
| 1979 | 84.85 1987 = 100 | -1.3% |
| 1980 | 84.28 1987 = 100 | -0.7% |
| 1981 | 88.6 1987 = 100 | +5.1% |
| 1982 | 94.68 1987 = 100 | +6.9% |
| 1983 | 105.17 1987 = 100 | +11.1% |
| 1984 | 108.11 1987 = 100 | +2.8% |
| 1985 | 100.55 1987 = 100 | -7.0% |
| 1986 | 100 1987 = 100 | -0.5% |
| 1987 | 100 1987 = 100 | +0.0% |
| 1988 | 96.23 1987 = 100 | -3.8% |
| 1989 | 99.5 1987 = 100 | +3.4% |
| 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 | 89.3 1987 = 100 | +5.0% |
| 1995 | 89.97 1987 = 100 | +0.7% |
| 1996 | 95.93 1987 = 100 | +6.6% |
| 1997 | 99.96 1987 = 100 | +4.2% |
| 1998 | 100.2 1987 = 100 | +0.2% |
| 1999 | 92.65 1987 = 100 | -7.5% |
| 2000 | 100 1987 = 100 | +7.9% |
| 2001 | 100.96 1987 = 100 | +1.0% |
| 2002 | 100 1987 = 100 | -0.9% |
| 2003 | 101.16 1987 = 100 | +1.2% |
| 2004 | 102.1 1987 = 100 | +0.9% |
| 2005 | 100 1987 = 100 | -2.1% |
| 2006 | 97.2 1987 = 100 | -2.8% |
| 2007 | 100 1987 = 100 | +2.9% |
| 2008 | 99.82 1987 = 100 | -0.2% |
| 2009 | 105.4 1987 = 100 | +5.6% |
| 2010 | 111.58 1987 = 100 | +5.9% |
| 2011 | 104.88 1987 = 100 | -6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 94.38 1987 = 100 | 86.82 1987 = 100 | 100 1987 = 100 | 5 |
| 1970s | 80.58 1987 = 100 | 57.85 1987 = 100 | 98.78 1987 = 100 | 10 |
| 1980s | 97.71 1987 = 100 | 84.28 1987 = 100 | 108.11 1987 = 100 | 10 |
| 1990s | 94.22 1987 = 100 | 85.06 1987 = 100 | 100.2 1987 = 100 | 10 |
| 2000s | 100.66 1987 = 100 | 97.2 1987 = 100 | 105.4 1987 = 100 | 10 |
| 2010s | 108.23 1987 = 100 | 104.88 1987 = 100 | 111.58 1987 = 100 | 2 |
Countries ranked near Sub-Saharan Africa
More trade data for Sub-Saharan Africa
- Net long-term borrowing -262.73 million BoP, current US$ (2011)
- Pesticides imports 843.91 million FAO, current US$ (2011)
- Lead time to export, median case 9.32 days (2018)
- Food imports excluding fish 28.97 billion FAO, current US$ (2010)
- Total agricultural imports 35.79 billion FAO, current US$ (2010)
- Cereal imports 9.81 billion FAO, current US$ (2010)
- Cereal imports quantity 29.80 million FAO, tonnes (2010)
- Total agricultural exports 29.52 billion FAO, current US$ (2010)
- Cereal exports 865.33 million FAO, current US$ (2010)
- Cereal exports quantity 3.12 million FAO, tonnes (2010)
Frequently asked questions
- What is merchandise terms of trade in Sub-Saharan Africa?
- Merchandise terms of trade in Sub-Saharan Africa was 104.88 1987 = 100 in 2011, according to World Bank country economists.
- What is the highest merchandise terms of trade recorded in Sub-Saharan Africa?
- The highest recorded value was 111.58 1987 = 100 in 2010.
- What is the lowest merchandise terms of trade recorded in Sub-Saharan Africa?
- The lowest recorded value was 57.85 1987 = 100 in 1972.
- How does Sub-Saharan Africa rank for merchandise terms of trade?
- Sub-Saharan Africa ranks 3rd out of 6 groups with data for 2011.
- Is merchandise terms of trade rising or falling in Sub-Saharan Africa?
- Over the last ten years it is up 3.9%. The long-run trend across the full record is rising.
- Where does this Sub-Saharan 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.