Panama - Terms of trade adjustment

Terms of trade adjustment (constant LCU)

The value for Terms of trade adjustment (constant LCU) in Panama was 1,398,377,000 as of 2019. As the graph below shows, over the past 59 years this indicator reached a maximum value of 1,970,138,000 in 2016 and a minimum value of -459,901,400 in 1982.

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 -46,843,660
1961 -20,075,050
1962 15,557,520
1963 8,890,219
1964 81,258,690
1965 118,836,500
1966 106,874,400
1967 185,353,500
1968 215,641,900
1969 313,237,900
1970 285,932,000
1971 484,607,000
1972 603,605,000
1973 485,460,300
1974 350,888,100
1975 252,447,100
1976 93,151,420
1977 -195,310,400
1978 -15,047,390
1979 -238,342,200
1980 -434,226,700
1981 -360,146,100
1982 -459,901,400
1983 -324,791,500
1984 -399,667,500
1985 -305,940,900
1986 22,620,850
1987 33,404,940
1988 15,672,520
1989 -28,007,420
1990 -178,366,300
1991 -306,518,300
1992 -70,834,590
1993 81,124,980
1994 95,779,220
1995 -140,113,700
1996 -150,656,500
1997 129,095,100
1998 219,175,400
1999 31,598,100
2000 -104,492,800
2001 7,028,878
2002 138,333,100
2003 779,827,800
2004 256,949,500
2005 652,369,000
2006 560,821,400
2007 0
2008 -109,517,100
2009 623,607,700
2010 629,227,100
2011 641,659,300
2012 576,982,800
2013 1,066,373,000
2014 953,515,900
2015 1,889,695,000
2016 1,970,138,000
2017 1,695,394,000
2018 1,269,177,000
2019 1,398,377,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts