Terms of Trade in India increased to 147 points in 2023 from 130.60 points in 2022. Terms of Trade in India averaged 97.54 points from 2000 until 2023, reaching an all time high of 147.00 points in 2023 and a record low of 61.90 points in 2013. source: Reserve Bank of India
Terms of Trade in India is expected to reach 100.00 points by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Terms of Trade is projected to trend around 98.17 points in 2025, according to our econometric models.
India Terms of Trade
In India, Terms of Trade (ToT) correspond to the ratio of Price of exportable goods to the Price of importable goods.
Actual | Previous | Highest | Lowest | Dates | Unit | Frequency | ||
---|---|---|---|---|---|---|---|---|
147.00 | 130.60 | 147.00 | 61.90 | 2000 - 2023 | points | Yearly | 2012-2013 = 100 |