NAAG Chapter 3: Expenditure — Terms of trade in United States of America
United States of America: NAAG Chapter 3: Expenditure — Terms of trade was 107.3 Index in 2024. ▼ Falling
NAAG Chapter 3: Expenditure — Terms of trade in United States of America, 1970–2024
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
United States of America recorded 107.3 Index for naag chapter 3: expenditure — terms of trade in 2024.
The figure is up 0.2% on the previous year and up 14.6% over ten years.
Over the whole period, naag chapter 3: expenditure — terms of trade in United States of America peaked at 136.94 Index in 1970 and was at its lowest, 88.47 Index, in 2008.
United States of America ranks 7th of 33 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 55 years of available data.
NAAG Chapter 3: Expenditure — Terms of trade in United States of America, year by year
| Year | Index | Change |
|---|---|---|
| 1970 | 136.94 Index | — |
| 1971 | 133.74 Index | -2.3% |
| 1972 | 130.45 Index | -2.5% |
| 1973 | 125.78 Index | -3.6% |
| 1974 | 108.28 Index | -13.9% |
| 1975 | 110.18 Index | +1.8% |
| 1976 | 110.47 Index | +0.3% |
| 1977 | 105.66 Index | -4.4% |
| 1978 | 104.7 Index | -0.9% |
| 1979 | 100.18 Index | -4.3% |
| 1980 | 88.57 Index | -11.6% |
| 1981 | 90.26 Index | +1.9% |
| 1982 | 93.84 Index | +4.0% |
| 1983 | 97.9 Index | +4.3% |
| 1984 | 99.68 Index | +1.8% |
| 1985 | 99.99 Index | +0.3% |
| 1986 | 98.31 Index | -1.7% |
| 1987 | 94.77 Index | -3.6% |
| 1988 | 95.07 Index | +0.3% |
| 1989 | 94.58 Index | -0.5% |
| 1990 | 92.46 Index | -2.2% |
| 1991 | 94.28 Index | +2.0% |
| 1992 | 93.74 Index | -0.6% |
| 1993 | 94.62 Index | +0.9% |
| 1994 | 94.83 Index | +0.2% |
| 1995 | 94.37 Index | -0.5% |
| 1996 | 94.77 Index | +0.4% |
| 1997 | 96.45 Index | +1.8% |
| 1998 | 99.52 Index | +3.2% |
| 1999 | 98.19 Index | -1.3% |
| 2000 | 95.88 Index | -2.4% |
| 2001 | 97.66 Index | +1.9% |
| 2002 | 97.97 Index | +0.3% |
| 2003 | 96.6 Index | -1.4% |
| 2004 | 95.57 Index | -1.1% |
| 2005 | 93.38 Index | -2.3% |
| 2006 | 92.75 Index | -0.7% |
| 2007 | 93.01 Index | +0.3% |
| 2008 | 88.47 Index | -4.9% |
| 2009 | 93.56 Index | +5.8% |
| 2010 | 92.24 Index | -1.4% |
| 2011 | 91.1 Index | -1.2% |
| 2012 | 91.54 Index | +0.5% |
| 2013 | 92.89 Index | +1.5% |
| 2014 | 93.64 Index | +0.8% |
| 2015 | 96.84 Index | +3.4% |
| 2016 | 98.24 Index | +1.5% |
| 2017 | 98.62 Index | +0.4% |
| 2018 | 99.25 Index | +0.6% |
| 2019 | 100.4 Index | +1.2% |
| 2020 | 100 Index | -0.4% |
| 2021 | 104 Index | +4.0% |
| 2022 | 106.56 Index | +2.5% |
| 2023 | 107.11 Index | +0.5% |
| 2024 | 107.3 Index | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 116.64 Index | 100.18 Index | 136.94 Index | 10 |
| 1980s | 95.3 Index | 88.57 Index | 99.99 Index | 10 |
| 1990s | 95.32 Index | 92.46 Index | 99.52 Index | 10 |
| 2000s | 94.49 Index | 88.47 Index | 97.97 Index | 10 |
| 2010s | 95.48 Index | 91.1 Index | 100.4 Index | 10 |
| 2020s | 104.99 Index | 100 Index | 107.3 Index | 5 |
Countries ranked near United States of America
- 4 Mexico 111.93 Index compare
- 4 Latvia 100.35 Index compare
- 5 Canada 108.47 Index compare
- 5 Netherlands 99.83 Index compare
- 6 Greece 107.8 Index compare
- 8 Iceland 106.27 Index compare
- 8 Lithuania 96.97 Index compare
- 9 Portugal 105.83 Index compare
- 9 Poland 96.23 Index compare
- 10 Luxembourg 102.19 Index compare
More economy & growth data for United States of America
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 4.62 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 0.1097 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 9,457 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 3.64 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.0894 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 7,704 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 5.21 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2135 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is naag chapter 3: expenditure — terms of trade in United States of America?
- Naag chapter 3: expenditure — terms of trade in United States of America was 107.3 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 United States of America?
- The highest recorded value was 136.94 Index in 1970.
- What is the lowest naag chapter 3: expenditure — terms of trade recorded in United States of America?
- The lowest recorded value was 88.47 Index in 2008.
- How does United States of America rank for naag chapter 3: expenditure — terms of trade?
- United States of America ranks 7th out of 33 countries with data for 2024.
- Is naag chapter 3: expenditure — terms of trade rising or falling in United States of America?
- Over the last ten years it is up 14.6%. The long-run trend across the full record is falling.
- Where does this United States of America 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.