NAAG Chapter 3: Expenditure — Terms of trade in India
India: NAAG Chapter 3: Expenditure — Terms of trade was 96.3 Index in 2023. ▲ Rising
NAAG Chapter 3: Expenditure — Terms of trade in India, 1970–2023
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
India recorded 96.3 Index for naag chapter 3: expenditure — terms of trade in 2023.
That represents a change of up 17.0% on the previous year and up 9.0% over ten years.
Over the whole period, naag chapter 3: expenditure — terms of trade in India peaked at 114.3 Index in 1994 and was at its lowest, 60.51 Index, in 1980.
That places India 27th out of 33 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
NAAG Chapter 3: Expenditure — Terms of trade in India, year by year
| Year | Index | Change |
|---|---|---|
| 1970 | 95.58 Index | — |
| 1971 | 104.89 Index | +9.7% |
| 1972 | 112.67 Index | +7.4% |
| 1973 | 95.2 Index | -15.5% |
| 1974 | 69.13 Index | -27.4% |
| 1975 | 63.65 Index | -7.9% |
| 1976 | 69.67 Index | +9.5% |
| 1977 | 85.76 Index | +23.1% |
| 1978 | 74.88 Index | -12.7% |
| 1979 | 69.29 Index | -7.5% |
| 1980 | 60.51 Index | -12.7% |
| 1981 | 70.01 Index | +15.7% |
| 1982 | 72.48 Index | +3.5% |
| 1983 | 90.27 Index | +24.5% |
| 1984 | 78.86 Index | -12.6% |
| 1985 | 81 Index | +2.7% |
| 1986 | 96.83 Index | +19.6% |
| 1987 | 91.66 Index | -5.3% |
| 1988 | 93.9 Index | +2.4% |
| 1989 | 91.01 Index | -3.1% |
| 1990 | 82.09 Index | -9.8% |
| 1991 | 89.73 Index | +9.3% |
| 1992 | 95.54 Index | +6.5% |
| 1993 | 108.79 Index | +13.9% |
| 1994 | 114.3 Index | +5.1% |
| 1995 | 103.59 Index | -9.4% |
| 1996 | 94.84 Index | -8.4% |
| 1997 | 109.5 Index | +15.5% |
| 1998 | 112.66 Index | +2.9% |
| 1999 | 100.75 Index | -10.6% |
| 2000 | 97.28 Index | -3.4% |
| 2001 | 96 Index | -1.3% |
| 2002 | 88.89 Index | -7.4% |
| 2003 | 94.33 Index | +6.1% |
| 2004 | 86.23 Index | -8.6% |
| 2005 | 87.32 Index | +1.3% |
| 2006 | 87.56 Index | +0.3% |
| 2007 | 87.54 Index | -0.0% |
| 2008 | 92.34 Index | +5.5% |
| 2009 | 90.81 Index | -1.7% |
| 2010 | 92.85 Index | +2.2% |
| 2011 | 92.1 Index | -0.8% |
| 2012 | 90.89 Index | -1.3% |
| 2013 | 88.32 Index | -2.8% |
| 2014 | 86.55 Index | -2.0% |
| 2015 | 87.45 Index | +1.0% |
| 2016 | 88.84 Index | +1.6% |
| 2017 | 93.28 Index | +5.0% |
| 2018 | 89.11 Index | -4.5% |
| 2019 | 95.54 Index | +7.2% |
| 2020 | 100 Index | +4.7% |
| 2021 | 85.68 Index | -14.3% |
| 2022 | 82.32 Index | -3.9% |
| 2023 | 96.3 Index | +17.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 84.07 Index | 63.65 Index | 112.67 Index | 10 |
| 1980s | 82.65 Index | 60.51 Index | 96.83 Index | 10 |
| 1990s | 101.18 Index | 82.09 Index | 114.3 Index | 10 |
| 2000s | 90.83 Index | 86.23 Index | 97.28 Index | 10 |
| 2010s | 90.49 Index | 86.55 Index | 95.54 Index | 10 |
| 2020s | 91.08 Index | 82.32 Index | 100 Index | 4 |
Countries ranked near India
More economy & growth data for India
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 32,680 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 5.33 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.252 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 681.16 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 8.76 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 22.01 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 59,483 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 8.78 % change on previous year (2025)
Frequently asked questions
- What is naag chapter 3: expenditure — terms of trade in India?
- Naag chapter 3: expenditure — terms of trade in India was 96.3 Index in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest naag chapter 3: expenditure — terms of trade recorded in India?
- The highest recorded value was 114.3 Index in 1994.
- What is the lowest naag chapter 3: expenditure — terms of trade recorded in India?
- The lowest recorded value was 60.51 Index in 1980.
- How does India rank for naag chapter 3: expenditure — terms of trade?
- India ranks 27th out of 33 countries with data for 2023.
- Is naag chapter 3: expenditure — terms of trade rising or falling in India?
- Over the last ten years it is up 9.0%. The long-run trend across the full record is rising.
- Where does this India 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.