Argentina - Terms of trade adjustment

Terms of trade adjustment (constant LCU)

The value for Terms of trade adjustment (constant LCU) in Argentina was 35,160,710,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 53,147,960,000 in 2012 and a minimum value of -10,958,280,000 in 2002.

Definition: The terms of trade effect equals capacity to import less exports of goods and services in constant prices. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 3,439,431,000
1961 7,265,114,000
1962 -5,820,111,000
1963 -1,193,046,000
1964 2,634,617,000
1965 9,387,210,000
1966 2,616,638,000
1967 5,041,026,000
1968 3,445,110,000
1969 929,086,700
1970 -92,949,570
1971 -855,300,200
1972 457,343,400
1973 2,510,885,000
1974 -516,299,100
1975 -532,189,200
1976 -1,739,003,000
1977 -4,695,380,000
1978 -5,140,337,000
1979 -2,510,326,000
1980 2,430,591,000
1981 4,250,491,000
1982 -2,373,630,000
1983 -1,779,854,000
1984 1,231,965,000
1985 -3,277,725,000
1986 -5,907,039,000
1987 -7,634,624,000
1988 -5,119,456,000
1989 -5,308,959,000
1990 -9,040,150,000
1991 -6,542,465,000
1992 -3,344,581,000
1993 -3,035,233,000
1994 -3,195,870,000
1995 -4,283,267,000
1996 468,350,800
1997 -59,988,640
1998 -4,325,148,000
1999 -8,780,090,000
2000 -2,173,497,000
2001 -2,246,321,000
2002 -10,958,280,000
2003 -4,226,839,000
2004 0
2005 -3,431,169,000
2006 1,138,754,000
2007 6,715,614,000
2008 21,489,360,000
2009 20,985,180,000
2010 30,812,020,000
2011 50,029,480,000
2012 53,147,960,000
2013 39,448,580,000
2014 34,192,280,000
2015 25,040,350,000
2016 29,909,160,000
2017 28,665,410,000
2018 35,153,230,000
2019 43,014,640,000
2020 35,160,710,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts