Luxembourg - Terms of trade adjustment

Terms of trade adjustment (constant LCU)

The value for Terms of trade adjustment (constant LCU) in Luxembourg was -585,076,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,030,821,000 in 1974 and a minimum value of -5,075,197,000 in 2007.

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 588,616,900
1971 -138,311,700
1972 -65,474,080
1973 540,554,500
1974 1,030,821,000
1975 -289,244,800
1976 -56,137,640
1977 -758,419,400
1978 -681,608,900
1979 -764,598,100
1980 -765,364,000
1981 -776,221,800
1982 -613,381,200
1983 -862,519,900
1984 -1,292,693,000
1985 -1,268,352,000
1986 -1,405,033,000
1987 -1,593,988,000
1988 -1,581,360,000
1989 -1,698,361,000
1990 -2,076,883,000
1991 -2,538,126,000
1992 -2,816,676,000
1993 -2,389,174,000
1994 -2,314,516,000
1995 -2,350,166,000
1996 -1,968,514,000
1997 -2,028,812,000
1998 -3,243,873,000
1999 -2,888,446,000
2000 -3,352,546,000
2001 -3,799,485,000
2002 -3,685,100,000
2003 -3,697,684,000
2004 -4,200,299,000
2005 -4,461,914,000
2006 -3,948,674,000
2007 -5,075,197,000
2008 -2,795,596,000
2009 -1,492,951,000
2010 -1,072,542,000
2011 -952,629,100
2012 -807,825,200
2013 -506,445,200
2014 207,904,500
2015 0
2016 -695,158,000
2017 -1,226,021,000
2018 -1,383,625,000
2019 -2,567,520,000
2020 -585,076,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts