Sustainable Trade Index 2023

Methodology

D. New and updated indicators We have added some new indicators and updated other components to further refine the index from prior iterations. 1.0 Under the societal pillar, a new indicator, 2.10, Uneven Economic Development has been introduced (see Notes and Source below). 2.0 Under the economic pillar, for the indicators 1.06.01 b New tariff barriers, and 1.06.02 b New non-tariff barriers, the year has been updated from 2021 (in STI 2022), to 2022 for STI 2023. 3.0 Under the economic pillar, for the indicator 1.08 Exchange rate stability, parity change from national currency to SDR, the year is updated from 2020/2018 to 2022/2020. 4.0 Under the economic pillar, indicator 1.16.03 has been updated from ‘Fixed broadband subscriptions’ to ‘Fixed broadband subscriptions (per 100 people)’. 5.0 Under the economic pillar, for indicator 1.10.01 Country credit rating, from STI 2023, SWI has been dropped as a source. 6.0 Under the economic pillar, for indicator 1.12 Monetary Policy Intervention, sub-indicator 1.12.02 has been changed to reflect the change in total reserves from year to year rather than the total reserves of an economy.

HINRICH-IMD SUSTAINABLE TRADE INDEX 2023

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