Terms of trade in South Africa
South Africa: Terms of trade was 138.58 goods and services, 2000 = 100 in 2011. ▲ Rising
Latest (2011)
138.58 goods and services, 2000 = 100
Change on year
up 2.2%
World rank
9th
of 41 countries
All-time high
138.58 goods and services, 2000 = 100
in 2011
All-time low
80.69 goods and services, 2000 = 100
in 1965
Years of data
52
1960–2011
Terms of trade in South Africa, 1960–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in goods and services, 2000 = 100.
Analysis
South Africa recorded 138.58 goods and services, 2000 = 100 for terms of trade in 2011. That is the highest value across all 52 years on record.
That represents a change of up 2.2% on the previous year and up 37.0% over ten years.
Over the whole period, terms of trade in South Africa peaked at 138.58 goods and services, 2000 = 100 in 2011 and was at its lowest, 80.69 goods and services, 2000 = 100, in 1965.
That places South Africa 9th out of 41 countries with data for 2011, putting it in the top quarter.
The long-run direction has been consistently rising across the 52 years of available data.
Terms of trade in South Africa, year by year
| Year | goods and services, 2000 = 100 | Change |
|---|---|---|
| 1960 | 93.05 goods and services, 2000 = 100 | — |
| 1961 | 91.07 goods and services, 2000 = 100 | -2.1% |
| 1962 | 87.14 goods and services, 2000 = 100 | -4.3% |
| 1963 | 83.69 goods and services, 2000 = 100 | -4.0% |
| 1964 | 85.9 goods and services, 2000 = 100 | +2.7% |
| 1965 | 80.69 goods and services, 2000 = 100 | -6.1% |
| 1966 | 80.87 goods and services, 2000 = 100 | +0.2% |
| 1967 | 83.35 goods and services, 2000 = 100 | +3.1% |
| 1968 | 88.59 goods and services, 2000 = 100 | +6.3% |
| 1969 | 89.66 goods and services, 2000 = 100 | +1.2% |
| 1970 | 84.4 goods and services, 2000 = 100 | -5.9% |
| 1971 | 87.9 goods and services, 2000 = 100 | +4.1% |
| 1972 | 98.8 goods and services, 2000 = 100 | +12.4% |
| 1973 | 116.24 goods and services, 2000 = 100 | +17.7% |
| 1974 | 127.96 goods and services, 2000 = 100 | +10.1% |
| 1975 | 117.28 goods and services, 2000 = 100 | -8.3% |
| 1976 | 105.57 goods and services, 2000 = 100 | -10.0% |
| 1977 | 109.03 goods and services, 2000 = 100 | +3.3% |
| 1978 | 111.21 goods and services, 2000 = 100 | +2.0% |
| 1979 | 117.12 goods and services, 2000 = 100 | +5.3% |
| 1980 | 132.03 goods and services, 2000 = 100 | +12.7% |
| 1981 | 114.53 goods and services, 2000 = 100 | -13.3% |
| 1982 | 102.49 goods and services, 2000 = 100 | -10.5% |
| 1983 | 104.23 goods and services, 2000 = 100 | +1.7% |
| 1984 | 111.23 goods and services, 2000 = 100 | +6.7% |
| 1985 | 112.29 goods and services, 2000 = 100 | +1.0% |
| 1986 | 114.75 goods and services, 2000 = 100 | +2.2% |
| 1987 | 120.19 goods and services, 2000 = 100 | +4.7% |
| 1988 | 117.2 goods and services, 2000 = 100 | -2.5% |
| 1989 | 111.6 goods and services, 2000 = 100 | -4.8% |
| 1990 | 109.23 goods and services, 2000 = 100 | -2.1% |
| 1991 | 109.17 goods and services, 2000 = 100 | -0.1% |
| 1992 | 108.06 goods and services, 2000 = 100 | -1.0% |
| 1993 | 107.16 goods and services, 2000 = 100 | -0.8% |
| 1994 | 107.08 goods and services, 2000 = 100 | -0.1% |
| 1995 | 104.4 goods and services, 2000 = 100 | -2.5% |
| 1996 | 109.5 goods and services, 2000 = 100 | +4.9% |
| 1997 | 107.88 goods and services, 2000 = 100 | -1.5% |
| 1998 | 106.31 goods and services, 2000 = 100 | -1.5% |
| 1999 | 102.41 goods and services, 2000 = 100 | -3.7% |
| 2000 | 100 goods and services, 2000 = 100 | -2.4% |
| 2001 | 101.11 goods and services, 2000 = 100 | +1.1% |
| 2002 | 103.34 goods and services, 2000 = 100 | +2.2% |
| 2003 | 107.59 goods and services, 2000 = 100 | +4.1% |
| 2004 | 109.48 goods and services, 2000 = 100 | +1.8% |
| 2005 | 111.17 goods and services, 2000 = 100 | +1.5% |
| 2006 | 115.06 goods and services, 2000 = 100 | +3.5% |
| 2007 | 117.12 goods and services, 2000 = 100 | +1.8% |
| 2008 | 117 goods and services, 2000 = 100 | -0.1% |
| 2009 | 126.31 goods and services, 2000 = 100 | +8.0% |
| 2010 | 135.64 goods and services, 2000 = 100 | +7.4% |
| 2011 | 138.58 goods and services, 2000 = 100 | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 86.4 goods and services, 2000 = 100 | 80.69 goods and services, 2000 = 100 | 93.05 goods and services, 2000 = 100 | 10 |
| 1970s | 107.55 goods and services, 2000 = 100 | 84.4 goods and services, 2000 = 100 | 127.96 goods and services, 2000 = 100 | 10 |
| 1980s | 114.05 goods and services, 2000 = 100 | 102.49 goods and services, 2000 = 100 | 132.03 goods and services, 2000 = 100 | 10 |
| 1990s | 107.12 goods and services, 2000 = 100 | 102.41 goods and services, 2000 = 100 | 109.5 goods and services, 2000 = 100 | 10 |
| 2000s | 110.82 goods and services, 2000 = 100 | 100 goods and services, 2000 = 100 | 126.31 goods and services, 2000 = 100 | 10 |
| 2010s | 137.11 goods and services, 2000 = 100 | 135.64 goods and services, 2000 = 100 | 138.58 goods and services, 2000 = 100 | 2 |
Countries ranked near South Africa
- 6 Cape Verde 146.49 goods and services, 2000 = 100 compare
- 7 Equatorial Guinea 141.65 goods and services, 2000 = 100 compare
- 8 Burkina Faso 141.27 goods and services, 2000 = 100 compare
- 10 Cameroon 129.47 goods and services, 2000 = 100 compare
- 11 Tanzania, United Republic of 125.11 goods and services, 2000 = 100 compare
- 12 Namibia 117.26 goods and services, 2000 = 100 compare
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)
- Gross capital formation (current US$), annual growth rate 4.99 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.1387 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 915.19 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 2.47 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 2.48 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 16,372 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 0.7139 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1196 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is terms of trade in South Africa?
- Terms of trade in South Africa was 138.58 goods and services, 2000 = 100 in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest terms of trade recorded in South Africa?
- The highest recorded value was 138.58 goods and services, 2000 = 100 in 2011.
- What is the lowest terms of trade recorded in South Africa?
- The lowest recorded value was 80.69 goods and services, 2000 = 100 in 1965.
- How does South Africa rank for terms of trade?
- South Africa ranks 9th out of 41 countries with data for 2011.
- Is terms of trade rising or falling in South Africa?
- Over the last ten years it is up 37.0%. The long-run trend across the full record is rising.
- Where does this South 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.
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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.