Greece - Terms of trade adjustment

Terms of trade adjustment (constant LCU)

The value for Terms of trade adjustment (constant LCU) in Greece was -1,678,040,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 664,802,800 in 2016 and a minimum value of -3,838,846,000 in 2008.

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 -125,739,800
1961 -117,130,800
1962 -154,147,200
1963 -68,078,270
1964 -88,098,960
1965 -135,471,300
1966 -102,729,400
1967 -67,187,060
1968 -128,863,300
1969 -118,211,100
1970 -282,921,800
1971 -556,587,500
1972 -826,252,100
1973 -699,766,700
1974 -823,543,600
1975 -1,480,395,000
1976 -1,925,367,000
1977 -1,757,860,000
1978 -2,260,142,000
1979 -2,864,003,000
1980 -3,067,232,000
1981 -2,521,335,000
1982 -2,319,596,000
1983 -1,779,319,000
1984 -2,869,918,000
1985 -3,155,201,000
1986 -3,208,876,000
1987 -3,145,188,000
1988 -2,738,568,000
1989 -2,883,474,000
1990 -2,519,696,000
1991 -2,408,415,000
1992 -2,960,028,000
1993 -2,631,230,000
1994 -2,349,235,000
1995 -2,218,936,000
1996 -1,891,515,000
1997 -2,163,302,000
1998 -2,060,883,000
1999 -2,442,123,000
2000 -3,672,568,000
2001 -3,366,614,000
2002 -2,615,981,000
2003 -1,983,438,000
2004 -2,399,060,000
2005 -2,878,675,000
2006 -3,053,526,000
2007 -3,128,089,000
2008 -3,838,846,000
2009 -3,414,023,000
2010 -2,052,348,000
2011 -2,742,761,000
2012 -3,580,133,000
2013 -2,886,162,000
2014 -2,220,217,000
2015 0
2016 664,802,800
2017 250,656,800
2018 -1,132,004,000
2019 -1,581,567,000
2020 -1,678,040,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts