NAAG Chapter 3: Expenditure — Terms of trade in Australia
Australia: NAAG Chapter 3: Expenditure — Terms of trade was 100.61 Index in 2024. ▲ Rising
NAAG Chapter 3: Expenditure — Terms of trade in Australia, 1970–2024
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
The most recent figure for naag chapter 3: expenditure — terms of trade in Australia is 100.61 Index, measured in 2024.
The figure is down 4.0% on the previous year and up 23.8% over ten years.
Over the whole period, naag chapter 3: expenditure — terms of trade in Australia peaked at 112.11 Index in 2021 and was at its lowest, 46.71 Index, in 1986.
That places Australia 16th out of 33 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
NAAG Chapter 3: Expenditure — Terms of trade in Australia, year by year
| Year | Index | Change |
|---|---|---|
| 1970 | 58.84 Index | — |
| 1971 | 55.13 Index | -6.3% |
| 1972 | 65.62 Index | +19.0% |
| 1973 | 70.53 Index | +7.5% |
| 1974 | 64.18 Index | -9.0% |
| 1975 | 61.24 Index | -4.6% |
| 1976 | 59.28 Index | -3.2% |
| 1977 | 53.92 Index | -9.0% |
| 1978 | 54.29 Index | +0.7% |
| 1979 | 56.28 Index | +3.7% |
| 1980 | 55.81 Index | -0.8% |
| 1981 | 54.95 Index | -1.6% |
| 1982 | 54.13 Index | -1.5% |
| 1983 | 55.44 Index | +2.4% |
| 1984 | 54.58 Index | -1.6% |
| 1985 | 49.4 Index | -9.5% |
| 1986 | 46.71 Index | -5.4% |
| 1987 | 50.75 Index | +8.7% |
| 1988 | 58.27 Index | +14.8% |
| 1989 | 58.47 Index | +0.4% |
| 1990 | 55.4 Index | -5.3% |
| 1991 | 53.69 Index | -3.1% |
| 1992 | 51.48 Index | -4.1% |
| 1993 | 50.03 Index | -2.8% |
| 1994 | 51.67 Index | +3.3% |
| 1995 | 53.32 Index | +3.2% |
| 1996 | 54.89 Index | +3.0% |
| 1997 | 54.59 Index | -0.6% |
| 1998 | 51.91 Index | -4.9% |
| 1999 | 53.98 Index | +4.0% |
| 2000 | 54.89 Index | +1.7% |
| 2001 | 55.7 Index | +1.5% |
| 2002 | 56.53 Index | +1.5% |
| 2003 | 60.75 Index | +7.5% |
| 2004 | 66.49 Index | +9.5% |
| 2005 | 73.58 Index | +10.7% |
| 2006 | 78.83 Index | +7.1% |
| 2007 | 83.28 Index | +5.6% |
| 2008 | 89.29 Index | +7.2% |
| 2009 | 86.08 Index | -3.6% |
| 2010 | 103.64 Index | +20.4% |
| 2011 | 104.16 Index | +0.5% |
| 2012 | 94.23 Index | -9.5% |
| 2013 | 90.69 Index | -3.8% |
| 2014 | 81.28 Index | -10.4% |
| 2015 | 73.13 Index | -10.0% |
| 2016 | 83.56 Index | +14.3% |
| 2017 | 85.14 Index | +1.9% |
| 2018 | 90.1 Index | +5.8% |
| 2019 | 90.91 Index | +0.9% |
| 2020 | 100 Index | +10.0% |
| 2021 | 112.11 Index | +12.1% |
| 2022 | 111.89 Index | -0.2% |
| 2023 | 104.83 Index | -6.3% |
| 2024 | 100.61 Index | -4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 59.93 Index | 53.92 Index | 70.53 Index | 10 |
| 1980s | 53.85 Index | 46.71 Index | 58.47 Index | 10 |
| 1990s | 53.1 Index | 50.03 Index | 55.4 Index | 10 |
| 2000s | 70.54 Index | 54.89 Index | 89.29 Index | 10 |
| 2010s | 89.68 Index | 73.13 Index | 104.16 Index | 10 |
| 2020s | 105.89 Index | 100 Index | 112.11 Index | 5 |
Countries ranked near Australia
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 5,104 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -4.23 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2389 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 15,557 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual -2.99 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.3691 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 24,037 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) -0.5842 % change on previous year (2025)
Frequently asked questions
- What is naag chapter 3: expenditure — terms of trade in Australia?
- Naag chapter 3: expenditure — terms of trade in Australia was 100.61 Index in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest naag chapter 3: expenditure — terms of trade recorded in Australia?
- The highest recorded value was 112.11 Index in 2021.
- What is the lowest naag chapter 3: expenditure — terms of trade recorded in Australia?
- The lowest recorded value was 46.71 Index in 1986.
- How does Australia rank for naag chapter 3: expenditure — terms of trade?
- Australia ranks 16th out of 33 countries with data for 2024.
- Is naag chapter 3: expenditure — terms of trade rising or falling in Australia?
- Over the last ten years it is up 23.8%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of NAAG Chapter 3: Expenditure — Terms of trade. Statizoid updates them automatically from the source API.
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About this data
The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.