Lao PDR - Terms of trade adjustment

Terms of trade adjustment (constant LCU)

The value for Terms of trade adjustment (constant LCU) in Lao PDR was 2,813,900,000,000 as of 2016. As the graph below shows, over the past 16 years this indicator reached a maximum value of 2,813,900,000,000 in 2016 and a minimum value of -7,815,510,000,000 in 2000.

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
2000 -7,815,510,000,000
2001 -5,821,830,000,000
2002 -5,222,060,000,000
2003 -5,137,540,000,000
2004 -3,985,450,000,000
2005 -2,926,000,000,000
2006 796,988,000,000
2007 -818,773,000,000
2008 -1,099,170,000,000
2009 -1,593,750,000,000
2010 -655,751,000,000
2011 540,330,000,000
2012 0
2013 -1,394,700,000,000
2014 488,926,000,000
2015 -3,145,350,000,000
2016 2,813,900,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts