Terms of trade index in Eritrea
Eritrea: Terms of trade index was 98.29 2000=100 in 2007. ▼ Falling
Terms of trade index in Eritrea, 1992–2007
Source: World Bank country economists. Measured in 2000=100.
Analysis
The most recent figure for terms of trade index in Eritrea is 98.29 2000=100, measured in 2007.
Compared with earlier readings it is up 1.8% on the previous year and down 6.6% over ten years.
Over the whole period, terms of trade index in Eritrea peaked at 108.41 2000=100 in 1994 and was at its lowest, 52.36 2000=100, in 2004.
That places Eritrea 20th out of 40 countries with data for 2007, putting it in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Terms of trade index in Eritrea, year by year
| Year | 2000=100 | Change |
|---|---|---|
| 1992 | 103.2 2000=100 | — |
| 1993 | 103.73 2000=100 | +0.5% |
| 1994 | 108.41 2000=100 | +4.5% |
| 1995 | 106.17 2000=100 | -2.1% |
| 1996 | 103.01 2000=100 | -3.0% |
| 1997 | 105.23 2000=100 | +2.2% |
| 1998 | 99.16 2000=100 | -5.8% |
| 1999 | 98.99 2000=100 | -0.2% |
| 2000 | 100 2000=100 | +1.0% |
| 2001 | 70 2000=100 | -30.0% |
| 2002 | 71.75 2000=100 | +2.5% |
| 2003 | 56.07 2000=100 | -21.9% |
| 2004 | 52.36 2000=100 | -6.6% |
| 2005 | 60.18 2000=100 | +14.9% |
| 2006 | 96.58 2000=100 | +60.5% |
| 2007 | 98.29 2000=100 | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 103.49 2000=100 | 98.99 2000=100 | 108.41 2000=100 | 8 |
| 2000s | 75.65 2000=100 | 52.36 2000=100 | 100 2000=100 | 8 |
Countries ranked near Eritrea
More economy & growth data for Eritrea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.25 Percent per annum (2019)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.84 Percent per annum (2019)
- GDP (constant 2015 US$), annual growth rate 8.68 % change on previous year (2011)
- GDP (constant 2015 US$), per unit of GDP 1.09 constant 2015 US$ per US$ of GDP (2011)
- GDP (constant 2015 US$), per capita 751.38 constant 2015 US$ per person (2011)
- GDP (constant LCU), annual growth rate 8.68 % change on previous year (2011)
- GDP (constant LCU), per unit of GDP 15.38 constant LCU per US$ of GDP (2011)
- GDP (constant LCU), per capita 10,588 constant LCU per person (2011)
- Gross domestic savings (current US$), annual growth rate 29.25 % change on previous year (2011)
- Gross domestic savings (current US$), per unit of GDP -0.2479 current US$ per US$ of GDP (2011)
Frequently asked questions
- What is terms of trade index in Eritrea?
- Terms of trade index in Eritrea was 98.29 2000=100 in 2007, according to World Bank country economists.
- What is the highest terms of trade index recorded in Eritrea?
- The highest recorded value was 108.41 2000=100 in 1994.
- What is the lowest terms of trade index recorded in Eritrea?
- The lowest recorded value was 52.36 2000=100 in 2004.
- How does Eritrea rank for terms of trade index?
- Eritrea ranks 20th out of 40 countries with data for 2007.
- Is terms of trade index rising or falling in Eritrea?
- Over the last ten years it is down 6.6%. The long-run trend across the full record is falling.
- Where does this Eritrea data come from?
- The figures come from World Bank country economists, published as part of Terms of trade index (2000=100). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This is based upon goods and non-financial services from the National Accounts, that is, the terms of trade index shows the national accounts exports price index divided by the imports price index, with 2000 equaling 100.