Hungary - Terms of trade adjustment

Terms of trade adjustment (constant LCU)

The value for Terms of trade adjustment (constant LCU) in Hungary was 505,780,000,000 as of 2020. As the graph below shows, over the past 29 years this indicator reached a maximum value of 505,780,000,000 in 2020 and a minimum value of -458,104,000,000 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
1991 -198,822,000,000
1992 -195,795,000,000
1993 -92,334,490,000
1994 -22,639,570,000
1995 112,437,000,000
1996 81,158,600,000
1997 222,530,000,000
1998 332,573,000,000
1999 322,958,000,000
2000 193,119,000,000
2001 279,915,000,000
2002 442,823,000,000
2003 426,422,000,000
2004 479,973,000,000
2005 252,742,000,000
2006 37,953,850,000
2007 140,295,000,000
2008 -64,938,150,000
2009 105,143,000,000
2010 124,794,000,000
2011 -221,676,000,000
2012 -458,104,000,000
2013 -344,246,000,000
2014 -201,852,000,000
2015 0
2016 211,429,000,000
2017 75,569,620,000
2018 -250,436,000,000
2019 -162,784,000,000
2020 505,780,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts