Zimbabwe Terms of Trade

Net barter terms of trade index (2015 = 100).

Terms of Trade in Zimbabwe increased to 108.90 points in 2024 from 97.40 points in 2023.

108.9
▲ +11.52024 · previous 97.4Annual · index points · Source: World Bank — World Development Indicators

Zimbabwe Terms of Trade — History

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Zimbabwe Terms of Trade — analysis in simple words

Latest reading

Terms of Trade in Zimbabwe increased to 108.90 points in 2024 from 97.40 points in 2023.

Over the last three years it rose twice and fell once.

Recent trend

A year earlier (2023) it was 97.4, so the latest figure is 11.5 higher.

Over the past five years the average was 100.7, with a range from 92.5 to 108.9. The latest value is above that five-year average.

Historical context

This data series starts in 2005 and has 20 annual observations. The latest reading is higher than 90% of all of them.

The highest value on record is 111.8 (2007) and the lowest is 89.5 (2008). The long-run average is 100.0.

Compared with other countries

Among 205 economies with recent data, Zimbabwe ranks 72nd from the top. The median across all these economies is 101.2, so Zimbabwe is above the typical country.

Within Sub-Saharan Africa (47 economies with data) it ranks 28th; the regional median is 114.1.

Statistics

Latest
108.92024
Previous
97.4
5-year average
100.7
Long-run average
100.0since 2005
All-time high
111.82007
All-time low
89.52008
Observations
20Annual

Recent Data

PeriodValueChange
2024108.9▲ +11.5
202397.4▲ +4.9
202292.5▼ −4.5
202197.0▼ −10.9
2020107.9▲ +7.2
2019100.7▲ +2.2
201898.5▼ −2.2
2017100.7▼ −1.6
2016102.3▲ +2.3
2015100.0▲ +0.6
201499.4▲ +6.0
201393.4▼ −2.5
201295.9▼ −9.7
2011105.6▼ −0.6
2010106.2▲ +10.2
200996.0▲ +6.5
200889.5▼ −22.3
2007111.8▲ +9.6
2006102.2▲ +8.3
200593.9

Terms of Trade — Zimbabwe vs Peers

Latest available reading for each economy (periods may differ). Zimbabwe highlighted.

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More Zimbabwe indicators

Understanding Terms of Trade — a simple guide

What it measures

The ratio of export prices to import prices, indexed to 2015 = 100.

How it is calculated

Export price index ÷ import price index × 100 (2015 = 100).

Simple example

If export prices rise faster than import prices, the index goes above 100.

▲ When it is high or rising

An improving index raises national income.

▼ When it is low or falling

A falling index means imports became relatively more expensive.

Why it matters for the economy and markets

An improving terms of trade raises national income without any change in volumes.

How to read it

Commodity exporters see large swings as commodity prices move.

Data source

World Bank — World Development Indicators (series TT.PRI.MRCH.XD.WD), annual data from 2005 to 2024. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current terms of trade of Zimbabwe?
Zimbabwe terms of trade was 108.9 in 2024, compared with 97.4 in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest terms of trade of Zimbabwe?
Since 2005, the highest reading was 111.8 (2007) and the lowest was 89.5 (2008).
What does terms of trade measure?
The ratio of export prices to import prices, indexed to 2015 = 100.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.