Russia - Terms of trade adjustment

Terms of trade adjustment (constant LCU)

The value for Terms of trade adjustment (constant LCU) in Russia was 418,330,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 14,221,700,000,000 in 2012 and a minimum value of -2,978,460,000,000 in 1999.

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
1990 1,817,380,000,000
1991 -1,104,260,000,000
1992 277,978,000,000
1993 -737,794,000,000
1994 -1,605,560,000,000
1995 -1,614,400,000,000
1996 -1,528,670,000,000
1997 -2,032,890,000,000
1998 -2,483,320,000,000
1999 -2,978,460,000,000
2000 -699,604,000,000
2001 -1,287,820,000,000
2002 -1,607,250,000,000
2003 -998,640,000,000
2004 1,193,540,000,000
2005 4,013,500,000,000
2006 6,719,680,000,000
2007 8,056,740,000,000
2008 12,332,800,000,000
2009 2,849,890,000,000
2010 7,355,170,000,000
2011 13,237,800,000,000
2012 14,221,700,000,000
2013 12,811,500,000,000
2014 11,408,200,000,000
2015 4,065,300,000,000
2016 0
2017 2,806,640,000,000
2018 7,024,760,000,000
2019 5,359,820,000,000
2020 418,330,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts