Georgia - Terms of trade adjustment

Terms of trade adjustment (constant LCU)

The value for Terms of trade adjustment (constant LCU) in Georgia was 1,366,014,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 1,634,290,000 in 2019 and a minimum value of -1,058,743,000 in 2012.

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
2010 -513,870,600
2011 -726,667,300
2012 -1,058,743,000
2013 -893,491,400
2014 -434,954,000
2015 0
2016 -424,079,600
2017 757,064,300
2018 1,281,184,000
2019 1,634,290,000
2020 1,366,014,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts