Italy - Terms of trade adjustment

Terms of trade adjustment (constant LCU)

The value for Terms of trade adjustment (constant LCU) in Italy was 27,619,310,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 27,619,310,000 in 2020 and a minimum value of -28,843,720,000 in 2012.

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
1970 11,056,190,000
1971 11,180,060,000
1972 13,568,600,000
1973 1,231,652,000
1974 -10,062,430,000
1975 -8,425,328,000
1976 -13,987,390,000
1977 -13,932,080,000
1978 -14,045,630,000
1979 -17,195,770,000
1980 -19,305,470,000
1981 -25,739,440,000
1982 -20,199,130,000
1983 -19,105,430,000
1984 -20,183,160,000
1985 -19,740,090,000
1986 655,454,400
1987 5,825,070,000
1988 3,544,625,000
1989 3,115,416,000
1990 13,861,320,000
1991 22,894,070,000
1992 21,842,620,000
1993 11,177,070,000
1994 8,464,426,000
1995 -3,560,973
1996 8,213,625,000
1997 10,175,350,000
1998 20,555,530,000
1999 19,961,160,000
2000 148,414,900
2001 6,306,288,000
2002 12,064,410,000
2003 15,322,400,000
2004 12,226,030,000
2005 1,322,423,000
2006 -11,994,110,000
2007 -7,326,523,000
2008 -18,235,300,000
2009 6,263,281,000
2010 -10,196,960,000
2011 -22,201,220,000
2012 -28,843,720,000
2013 -21,696,820,000
2014 -10,701,250,000
2015 0
2016 16,300,650,000
2017 9,103,044,000
2018 6,327,272,000
2019 11,209,810,000
2020 27,619,310,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts