Madagascar - Terms of trade adjustment

Terms of trade adjustment (constant LCU)

The value for Terms of trade adjustment (constant LCU) in Madagascar was 829,967,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,809,290,000,000 in 2016 and a minimum value of -598,918,000,000 in 1989.

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 419,300,000,000
1961 379,694,000,000
1962 398,955,000,000
1963 464,936,000,000
1964 482,547,000,000
1965 288,925,000,000
1966 615,237,000,000
1967 595,103,000,000
1968 720,847,000,000
1969 813,000,000,000
1970 1,300,150,000,000
1971 955,524,000,000
1972 933,912,000,000
1973 805,832,000,000
1974 393,814,000,000
1975 139,866,000,000
1976 272,778,000,000
1977 246,803,000,000
1978 -21,667,230,000
1979 -395,205,000,000
1980 197,551,000,000
1981 152,800,000,000
1982 146,252,000,000
1983 139,761,000,000
1984 227,073,000,000
1985 263,851,000,000
1986 182,069,000,000
1987 76,138,740,000
1988 -34,405,930,000
1989 -598,918,000,000
1990 -365,305,000,000
1991 -444,129,000,000
1992 -506,617,000,000
1993 -520,201,000,000
1994 -452,050,000,000
1995 -453,786,000,000
1996 -371,796,000,000
1997 -435,099,000,000
1998 -199,536,000,000
1999 -356,156,000,000
2000 -340,389,000,000
2001 265,563,000,000
2002 370,210,000,000
2003 476,698,000,000
2004 447,127,000,000
2005 325,900,000,000
2006 385,558,000,000
2007 0
2008 57,672,790,000
2009 -378,365,000,000
2010 16,768,960,000
2011 302,083,000,000
2012 568,522,000,000
2013 628,138,000,000
2014 283,266,000,000
2015 956,471,000,000
2016 1,809,290,000,000
2017 704,145,000,000
2018 1,214,490,000,000
2019 231,812,000,000
2020 829,967,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts