Mongolia - Terms of trade adjustment

Terms of trade adjustment (constant LCU)

The value for Terms of trade adjustment (constant LCU) in Mongolia was 3,737,610,000,000.00 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 3,737,610,000,000.00 in 2020 and a minimum value of 0.00 in 2015.

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 317,997,000,000.00
2011 860,625,000,000.00
2012 907,876,000,000.00
2013 372,220,000,000.00
2014 658,225,000,000.00
2015 0.00
2016 719,287,000,000.00
2017 2,106,050,000,000.00
2018 2,593,670,000,000.00
2019 3,481,360,000,000.00
2020 3,737,610,000,000.00

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts