Singapore - Terms of trade adjustment

Terms of trade adjustment (constant LCU)

The value for Terms of trade adjustment (constant LCU) in Singapore was 8,915,971,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 14,780,680,000 in 2018 and a minimum value of -14,684,840,000 in 2014.

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 -150,325,500
1961 -125,321,200
1962 -126,614,500
1963 -159,115,900
1964 -87,192,240
1965 -85,884,260
1966 -114,092,400
1967 -107,120,500
1968 -168,156,800
1969 -200,974,600
1970 -207,302,700
1971 -240,324,400
1972 -148,941,000
1973 -136,918,300
1974 -526,334,200
1975 -605,231,500
1976 -728,263,700
1977 -947,336,700
1978 -1,036,688,000
1979 -1,768,505,000
1980 -2,471,412,000
1981 -2,582,813,000
1982 -1,950,436,000
1983 -1,787,248,000
1984 -2,398,337,000
1985 -2,521,583,000
1986 -2,920,665,000
1987 -3,732,641,000
1988 -4,012,467,000
1989 -3,776,173,000
1990 -3,569,449,000
1991 -2,831,577,000
1992 -3,196,540,000
1993 -3,944,460,000
1994 -1,258,557,000
1995 348,053,800
1996 1,821,158,000
1997 2,516,422,000
1998 3,279,395,000
1999 -2,194,394,000
2000 1,616,544,000
2001 -234,265,700
2002 -2,034,316,000
2003 59,327,110
2004 3,827,975,000
2005 4,349,447,000
2006 3,043,641,000
2007 5,588,256,000
2008 -958,141,100
2009 2,595,321,000
2010 2,185,463,000
2011 -7,752,719,000
2012 -9,539,664,000
2013 -11,357,360,000
2014 -14,684,840,000
2015 0
2016 6,410,983,000
2017 7,772,144,000
2018 14,780,680,000
2019 13,395,420,000
2020 8,915,971,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts