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The World Economy at the Beginning of 1998

Table A.9. International prices of non-fuel commodities exported by developing countries, 1980-1996
(Annual percentage changea)

    Food Tropical beverage Vegetable oil-seeds and oils Agricultural raw materials Minerals and metals

Combined index

 Manufactured export pricesb Real prices of commoditiesc Memo item: crude petroleumd
    Dollar SDR
1980   65.5 -6.3 -13.3 10.6 11.6 27.6 27.6 11.1 14.9 21.5
1981   -20.0 -17.8 -4.3 -12.5 -16.0 -17.0 -9.0 -6.0 -11.7 -3.5
1982   -31.8 -5.2 -19.6 -13.4 -13.2 -21.8 -16.4 -2.1 -20.1 -7.2
1983   5.3 4.3 18.9 6.8 7.6 6.3 9.8 -3.3 9.9 -10.3
1984   -15.9 14.6 34.6 0.9 -7.1 -3.4 0.0 -3.4 -0.0 -2.9
1985   -13.8 -9.1 -30.6 -9.9 -4.8 -12.3 -10.7 0.0 -12.3 -4.2
1986   10.0 24.0 -38.0 2.0 -5.0 4.0 -10.0 19.8 -13.2 -49.9
1987   6.4 -34.7 17.7 16.7 18.9 2.9 -6.7 12.6 -8.7 31.0
1988   29.9 1.2 31.5 8.4 45.1 26.2 21.4 8.2 16.6 -19.7
1989   5.9 -14.6 -11.5 0.0 0.0 0.0 4.9 -1.1 1.1 21.6
1990   -6.2 -11.4 -12.9 4.7 -9.8 -5.9 -11.2 9.9 -14.4 28.6
1991   -6.6 -8.1 8.1 -0.7 -9.5 -6.3 -7.4 0.0 -6.3 -16.4
1992   -2.1 -14.0 7.5 -3.7 -3.7 -3.4 -5.7 3.0 -6.2 -1.0
1993   0.7 6.1 0.0 -6.2 -14.7 -3.5 -2.4 -5.8 2.5 -11.4
1994   10.1 75.0 24.4 15.7 13.6 18.0 14.8 2.1 15.6 -4.9
1995   5.9 1.1 10.3 15.0 20.0 9.9 3.2 9.1 0.8 8.8
1996   6.8 -15.2 -4.2 -9.9 -12.7 -4.2 1.0 -1.9 -2.4 20.1
1997 e/   -5.3 34.7 -2.2 -9.7 1.6 -0.7 3.6 -6.6 6.3 -2.2
                       
1996 I 13.3 -22.6 -7.2 -9.6 -8.1 -1.6 2.7 0.9 -2.5 8.2
  II 14.4 -18.2 1.2 -14.3 -7.3 -0.7 7.2 -3.6 3.0 7.7
  III 4.5 -14.3 -4.8 -6.4 -20.3 -6.0 -1.4 -3.6 -2.5 27.1
  IV -3.6 -5.5 -7.0 -10.0 -15.0 -7.5 -4.5 -4.5 -3.1 37.8
                       
1997 I -3.9 19.9 4.2 -9.3 -3.1 -2.3 0.0 -6.5 4.5 12.7
  II -5.6 47.3 -3.7 -8.7 0.5 0.5 5.4 -5.7 6.5 -6.9
  III -6.4 36.6 -6.9 -11.1 8.2 -0.2 5.6 -7.5 7.9 -11.2

Sources: Data of UNCTAD, Monthly Commodity Price Bulletin, United Nations, Monthly Bulletin of Statistics, and OPEC Statistical Bulletin.

a For quarterly data, quarter shown is compared to same quarter of previous year.
b Index of developed countries manufactured export prices (1980 base year until 1987 and 1990 base year thereafter).
c Combined index of dollar commodity prices deflated by manufactured export price index.
d OPEC basket of 7 crude oils.
e Three quarters only.  Search | Parliament || Governments | Regions | Issues

Copyright © United Nations
Department of Economic and Social Affairs
Comments and suggestions: esa@un.org
29 December 1997

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