NAAG Chapter 3: Expenditure — Terms of trade in South Africa
South Africa: NAAG Chapter 3: Expenditure — Terms of trade was 94.26 Index in 2025. ▲ Rising
NAAG Chapter 3: Expenditure — Terms of trade in South Africa, 1970–2025
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
In 2025, naag chapter 3: expenditure — terms of trade in South Africa stood at 94.26 Index.
The figure is up 3.7% on the previous year and up 11.9% over ten years.
Over the whole period, naag chapter 3: expenditure — terms of trade in South Africa peaked at 105.02 Index in 2021 and was at its lowest, 52.22 Index, in 1970.
South Africa ranks 31st of 33 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 56 years of available data.
NAAG Chapter 3: Expenditure — Terms of trade in South Africa, year by year
| Year | Index | Change |
|---|---|---|
| 1970 | 52.22 Index | — |
| 1971 | 54.38 Index | +4.1% |
| 1972 | 61.13 Index | +12.4% |
| 1973 | 71.92 Index | +17.7% |
| 1974 | 79.17 Index | +10.1% |
| 1975 | 72.56 Index | -8.3% |
| 1976 | 65.31 Index | -10.0% |
| 1977 | 67.45 Index | +3.3% |
| 1978 | 68.81 Index | +2.0% |
| 1979 | 72.47 Index | +5.3% |
| 1980 | 81.69 Index | +12.7% |
| 1981 | 70.86 Index | -13.3% |
| 1982 | 63.41 Index | -10.5% |
| 1983 | 64.49 Index | +1.7% |
| 1984 | 68.82 Index | +6.7% |
| 1985 | 69.47 Index | +1.0% |
| 1986 | 71 Index | +2.2% |
| 1987 | 74.36 Index | +4.7% |
| 1988 | 72.51 Index | -2.5% |
| 1989 | 69.05 Index | -4.8% |
| 1990 | 67.58 Index | -2.1% |
| 1991 | 67.55 Index | -0.1% |
| 1992 | 66.86 Index | -1.0% |
| 1993 | 66.3 Index | -0.8% |
| 1994 | 66.25 Index | -0.1% |
| 1995 | 64.6 Index | -2.5% |
| 1996 | 67.75 Index | +4.9% |
| 1997 | 66.75 Index | -1.5% |
| 1998 | 65.77 Index | -1.5% |
| 1999 | 63.36 Index | -3.7% |
| 2000 | 61.87 Index | -2.4% |
| 2001 | 62.56 Index | +1.1% |
| 2002 | 64.15 Index | +2.5% |
| 2003 | 66.88 Index | +4.3% |
| 2004 | 68.12 Index | +1.9% |
| 2005 | 69.29 Index | +1.7% |
| 2006 | 72.62 Index | +4.8% |
| 2007 | 74.86 Index | +3.1% |
| 2008 | 75.62 Index | +1.0% |
| 2009 | 79.66 Index | +5.3% |
| 2010 | 84.5 Index | +6.1% |
| 2011 | 90.08 Index | +6.6% |
| 2012 | 85.87 Index | -4.7% |
| 2013 | 84 Index | -2.2% |
| 2014 | 82.24 Index | -2.1% |
| 2015 | 84.21 Index | +2.4% |
| 2016 | 85.54 Index | +1.6% |
| 2017 | 89.43 Index | +4.6% |
| 2018 | 87.93 Index | -1.7% |
| 2019 | 91.45 Index | +4.0% |
| 2020 | 100 Index | +9.3% |
| 2021 | 105.02 Index | +5.0% |
| 2022 | 95.81 Index | -8.8% |
| 2023 | 90.98 Index | -5.0% |
| 2024 | 90.92 Index | -0.1% |
| 2025 | 94.26 Index | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 66.54 Index | 52.22 Index | 79.17 Index | 10 |
| 1980s | 70.57 Index | 63.41 Index | 81.69 Index | 10 |
| 1990s | 66.28 Index | 63.36 Index | 67.75 Index | 10 |
| 2000s | 69.56 Index | 61.87 Index | 79.66 Index | 10 |
| 2010s | 86.52 Index | 82.24 Index | 91.45 Index | 10 |
| 2020s | 96.16 Index | 90.92 Index | 105.02 Index | 6 |
Countries ranked near South Africa
More economy & growth data for South Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 2.69 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 5.62 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 37,072 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate -2.45 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.232 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 1,531 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 1.78 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.1388 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is naag chapter 3: expenditure — terms of trade in South Africa?
- Naag chapter 3: expenditure — terms of trade in South Africa was 94.26 Index in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest naag chapter 3: expenditure — terms of trade recorded in South Africa?
- The highest recorded value was 105.02 Index in 2021.
- What is the lowest naag chapter 3: expenditure — terms of trade recorded in South Africa?
- The lowest recorded value was 52.22 Index in 1970.
- How does South Africa rank for naag chapter 3: expenditure — terms of trade?
- South Africa ranks 31st out of 33 countries with data for 2025.
- Is naag chapter 3: expenditure — terms of trade rising or falling in South Africa?
- Over the last ten years it is up 11.9%. The long-run trend across the full record is rising.
- Where does this South Africa 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.
Download this data
CSV · JSON — 56 observations, free to reuse under OECD Terms and Conditions (attribution required).
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.