Wheat — Terms of trade in Namibia

Namibia: Wheat — Terms of trade was 9.39 % in 2024. ◆ Volatile

Latest (2024)
9.39 %
Change on year
up 74.9%
World rank
78th
of 80 countries
All-time high
540.38 %
in 2019
All-time low
0 %
in 2010
Years of data
15
2010–2024

Wheat — Terms of trade in Namibia, 2010–2024

02004006002010201720242010: 0 %2011: 10.7 %2012: 13.1 %2013: 18.7 %2014: 195.8 %2015: 21.4 %2016: 48.8 %2017: 531.2 %2018: 538 %2019: 540.4 %2020: 5.7 %2021: 5.9 %2022: 17.5 %2023: 5.4 %2024: 9.4 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

The most recent figure for wheat — terms of trade in Namibia is 9.39 %, measured in 2024.

Compared with earlier readings it is up 74.9% on the previous year and down 95.2% over ten years.

Over the whole period, wheat — terms of trade in Namibia peaked at 540.38 % in 2019 and was at its lowest, 0 %, in 2010.

That places Namibia 78th out of 80 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Wheat — Terms of trade in Namibia, year by year

Annual values for Wheat — Terms of trade in Namibia, 2010 to 2024.
Year % Change
2010 0 % —
2011 10.71 % —
2012 13.06 % +21.9%
2013 18.67 % +43.0%
2014 195.83 % +948.9%
2015 21.38 % -89.1%
2016 48.81 % +128.3%
2017 531.24 % +988.4%
2018 537.95 % +1.3%
2019 540.38 % +0.5%
2020 5.66 % -99.0%
2021 5.91 % +4.4%
2022 17.54 % +196.8%
2023 5.37 % -69.4%
2024 9.39 % +74.9%

Namibia compared with similar countries

  • Namibia's 9.39 % is below the median for lower middle income countries, which is 51.19 %, 18% of the median. (11 countries reporting)
  • Namibia's 9.39 % is below the median for Sub-Saharan Africa, which is 62.69 %, 15% of the median. (12 countries reporting)

Biggest year-on-year movements

Years where Wheat — Terms of trade in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2017 +988.4% 48.81 % 531.24 %
2014 +948.9% 18.67 % 195.83 %

Averages by decade

DecadeAverage LowestHighest Years
2010s 191.8 % 0 % 540.38 % 10
2020s 8.77 % 5.37 % 17.54 % 5

Countries ranked near Namibia

  1. 75 Paraguay 29.18 % compare
  2. 76 Singapore 28.07 % compare
  3. 77 Morocco 19.71 % compare
  4. 79 Senegal 6.32 % compare
  5. 80 Chile 0.59 % compare

See the full ranking of 86 places →

More agriculture & rural data for Namibia

All data for Namibia →

Frequently asked questions

What is wheat — terms of trade in Namibia?
Wheat — terms of trade in Namibia was 9.39 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest wheat — terms of trade recorded in Namibia?
The highest recorded value was 540.38 % in 2019.
What is the lowest wheat — terms of trade recorded in Namibia?
The lowest recorded value was 0 % in 2010.
How does Namibia rank for wheat — terms of trade?
Namibia ranks 78th out of 80 countries with data for 2024.
Is wheat — terms of trade rising or falling in Namibia?
Over the last ten years it is down 95.2%. The long-run trend across the full record is volatile.
Where does this Namibia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Wheat — Terms of trade. Statizoid updates them automatically from the source API.

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Wheat — Terms of trade in Namibia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 05 October 2026, from https://agriculture.statizoid.com/stat/wheat-terms-of-trade/namibia/

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About this data

Indicator
Wheat — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
86 places, 1,204 data points, 2010–2024
Last refreshed

The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK