Terms of trade in Africa
Africa: Terms of trade was 110.93 goods and services, 2000 = 100 in 2009. ▬ Flat
Latest (2009)
110.93 goods and services, 2000 = 100
Change on year
down 11.1%
Rank
1st
of 3 groups
All-time high
124.72 goods and services, 2000 = 100
in 2008
All-time low
89.94 goods and services, 2000 = 100
in 1998
Years of data
30
1980–2009
Terms of trade in Africa, 1980–2009
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in goods and services, 2000 = 100.
Analysis
In 2009, terms of trade in Africa stood at 110.93 goods and services, 2000 = 100.
That represents a change of down 11.1% on the previous year and up 21.3% over ten years.
Over the whole period, terms of trade in Africa peaked at 124.72 goods and services, 2000 = 100 in 2008 and was at its lowest, 89.94 goods and services, 2000 = 100, in 1998.
Terms of trade in Africa, year by year
| Year | goods and services, 2000 = 100 | Change |
|---|---|---|
| 1980 | 123.51 goods and services, 2000 = 100 | — |
| 1981 | 117.91 goods and services, 2000 = 100 | -4.5% |
| 1982 | 108.75 goods and services, 2000 = 100 | -7.8% |
| 1983 | 109.84 goods and services, 2000 = 100 | +1.0% |
| 1984 | 111.73 goods and services, 2000 = 100 | +1.7% |
| 1985 | 112.21 goods and services, 2000 = 100 | +0.4% |
| 1986 | 100.35 goods and services, 2000 = 100 | -10.6% |
| 1987 | 100.25 goods and services, 2000 = 100 | -0.1% |
| 1988 | 97.86 goods and services, 2000 = 100 | -2.4% |
| 1989 | 94.44 goods and services, 2000 = 100 | -3.5% |
| 1990 | 96.78 goods and services, 2000 = 100 | +2.5% |
| 1991 | 95.48 goods and services, 2000 = 100 | -1.3% |
| 1992 | 92.03 goods and services, 2000 = 100 | -3.6% |
| 1993 | 90.41 goods and services, 2000 = 100 | -1.8% |
| 1994 | 91.56 goods and services, 2000 = 100 | +1.3% |
| 1995 | 92.13 goods and services, 2000 = 100 | +0.6% |
| 1996 | 94.12 goods and services, 2000 = 100 | +2.2% |
| 1997 | 96 goods and services, 2000 = 100 | +2.0% |
| 1998 | 89.94 goods and services, 2000 = 100 | -6.3% |
| 1999 | 91.45 goods and services, 2000 = 100 | +1.7% |
| 2000 | 100 goods and services, 2000 = 100 | +9.4% |
| 2001 | 97.12 goods and services, 2000 = 100 | -2.9% |
| 2002 | 97.19 goods and services, 2000 = 100 | +0.1% |
| 2003 | 101.7 goods and services, 2000 = 100 | +4.6% |
| 2004 | 103.87 goods and services, 2000 = 100 | +2.1% |
| 2005 | 109.97 goods and services, 2000 = 100 | +5.9% |
| 2006 | 117.17 goods and services, 2000 = 100 | +6.5% |
| 2007 | 122.47 goods and services, 2000 = 100 | +4.5% |
| 2008 | 124.72 goods and services, 2000 = 100 | +1.8% |
| 2009 | 110.93 goods and services, 2000 = 100 | -11.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 107.68 goods and services, 2000 = 100 | 94.44 goods and services, 2000 = 100 | 123.51 goods and services, 2000 = 100 | 10 |
| 1990s | 92.99 goods and services, 2000 = 100 | 89.94 goods and services, 2000 = 100 | 96.78 goods and services, 2000 = 100 | 10 |
| 2000s | 108.51 goods and services, 2000 = 100 | 97.12 goods and services, 2000 = 100 | 124.72 goods and services, 2000 = 100 | 10 |
Countries ranked near Africa
More economy & growth data for Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.26 Percent per annum (2028)
- Gross Domestic Product, GDP in millions constant 2021 international $ 10.08 million (2027)
- Gross Domestic Product — Annual growth US$ per capita 7.84 % (2024)
- GDP Deflator — Value US$, 2015 prices 101.78 USD (2024)
- Gross Domestic Product — Annual growth US$ 10.34 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.04 million million USD (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 88.82 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 2,011 USD (2024)
- Gross Domestic Product — Value US$ per capita 2,047 USD (2024)
Frequently asked questions
- What is terms of trade in Africa?
- Terms of trade in Africa was 110.93 goods and services, 2000 = 100 in 2009, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest terms of trade recorded in Africa?
- The highest recorded value was 124.72 goods and services, 2000 = 100 in 2008.
- What is the lowest terms of trade recorded in Africa?
- The lowest recorded value was 89.94 goods and services, 2000 = 100 in 1998.
- How does Africa rank for terms of trade?
- Africa ranks 1st out of 3 groups with data for 2009.
- Is terms of trade rising or falling in Africa?
- Over the last ten years it is up 21.3%. The long-run trend across the full record is flat.
- Where does this Africa data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Terms of trade (goods and services, 2000 = 100). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The terms of trade index shows the national accounts exports price index divided by the imports price index, with 2000 equaling 100.