India - Terms of trade adjustment

Terms of trade adjustment (constant LCU)

The value for Terms of trade adjustment (constant LCU) in India was 901,804,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 903,908,000,000 in 2019 and a minimum value of -1,514,790,000,000 in 2014.

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 29,709,100,000
1961 29,653,880,000
1962 29,481,940,000
1963 31,959,630,000
1964 29,878,400,000
1965 25,736,000,000
1966 32,386,280,000
1967 33,991,390,000
1968 35,058,050,000
1969 34,378,630,000
1970 19,968,700,000
1971 66,158,390,000
1972 113,266,000,000
1973 20,796,800,000
1974 -135,833,000,000
1975 -196,901,000,000
1976 -184,899,000,000
1977 -46,837,730,000
1978 -146,374,000,000
1979 -217,446,000,000
1980 -319,231,000,000
1981 -219,584,000,000
1982 -205,997,000,000
1983 -13,108,830,000
1984 -145,592,000,000
1985 -113,296,000,000
1986 60,744,080,000
1987 2,174,287,000
1988 33,140,750,000
1989 -7,501,641,000
1990 -161,320,000,000
1991 -33,171,550,000
1992 79,747,100,000
1993 388,323,000,000
1994 578,672,000,000
1995 403,305,000,000
1996 118,531,000,000
1997 623,443,000,000
1998 834,212,000,000
1999 430,304,000,000
2000 317,994,000,000
2001 258,437,000,000
2002 -180,918,000,000
2003 215,503,000,000
2004 -508,814,000,000
2005 -535,038,000,000
2006 -610,958,000,000
2007 -671,651,000,000
2008 19,924,250,000
2009 -182,269,000,000
2010 249,018,000,000
2011 0
2012 -301,377,000,000
2013 -1,013,010,000,000
2014 -1,514,790,000,000
2015 -1,196,150,000,000
2016 -880,934,000,000
2017 332,624,000,000
2018 -1,052,160,000,000
2019 903,908,000,000
2020 901,804,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts