Terms of Trade for Goods for Namibia
NAMTTTIX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
134.85
Year-over-Year Change
15.13%
Date Range
1/1/2000 - 1/1/2026
Summary
The Terms of Trade for Goods for Namibia measures the ratio of export prices to import prices, providing insight into a country's trade dynamics and economic performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index represents the relationship between the prices Namibia receives for its exported goods and the prices it pays for imported goods. It is a key indicator of a country's purchasing power in international trade.
Methodology
The data is calculated by the United Nations Conference on Trade and Development (UNCTAD) using export and import price indices.
Historical Context
Policymakers and analysts use this metric to assess Namibia's trade competitiveness and ability to afford imports with export revenues.
Key Facts
- Namibia's terms of trade index was 98.7 in 2021.
- A higher index indicates Namibia can purchase more imports with its export earnings.
- The terms of trade metric is widely used to assess a country's trade position.
FAQs
Q: What does this economic trend measure?
A: The Terms of Trade for Goods for Namibia measures the ratio of export prices to import prices, providing insight into Namibia's trade dynamics and purchasing power.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for evaluating Namibia's trade competitiveness and ability to afford imports with its export revenues, making it valuable for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the United Nations Conference on Trade and Development (UNCTAD) using export and import price indices.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Namibia's trade position and competitiveness, informing decisions related to trade, exchange rates, and economic development.
Q: Are there update delays or limitations?
A: The terms of trade data may be subject to update delays and can be influenced by factors like exchange rate fluctuations and changes in the composition of traded goods.
Related Trends
Bank's Return on Assets for Namibia
DDEI05NAA156NWDB
Central Bank Assets to GDP for Namibia
DDDI06NAA156NWDB
Use of Financial Services Deposit Accounts: Accounts at Commercial Banks for Namibia
NAMFCAODCNUM
Real Gross Domestic Product for Namibia
NAMNGDPRPCPPPT
Bank Capital to Total Assets for Namibia
DDSI03NAA156NWDB
Use of Financial Services: Number of Depositors which are Small and Medium Enterprises at Other Deposit Takers for Namibia
NAMFCDODDSPENUM
Citation
U.S. Federal Reserve, Terms of Trade for Goods for Namibia (NAMTTTIX), retrieved from FRED.