Belarus - Terms of trade adjustment

Terms of trade adjustment (constant LCU)

The value for Terms of trade adjustment (constant LCU) in Belarus was -2,171,261,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 1,020,566,000 in 1990 and a minimum value of -9,517,863,000 in 2004.

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
1990 1,020,566,000
1991 -233,249,100
1992 -2,322,260,000
1993 -4,710,736,000
1994 -5,380,572,000
1995 -4,585,832,000
1996 -4,700,020,000
1997 -7,040,776,000
1998 -5,596,802,000
1999 -6,348,137,000
2000 -7,136,675,000
2001 -8,210,688,000
2002 -8,725,961,000
2003 -8,708,954,000
2004 -9,517,863,000
2005 -6,723,816,000
2006 -6,322,935,000
2007 -7,067,373,000
2008 -4,033,731,000
2009 -6,278,681,000
2010 -6,367,400,000
2011 -3,704,244,000
2012 -876,381,700
2013 -583,936,900
2014 0
2015 -5,007,315,000
2016 -6,938,471,000
2017 -5,727,163,000
2018 -3,513,205,000
2019 -3,160,751,000
2020 -2,171,261,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts