Philippines - Terms of trade adjustment
Terms of trade adjustment (constant LCU)
The value for Terms of trade adjustment (constant LCU) in Philippines was -47,750,280,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 426,790,000,000 in 2010 and a minimum value of -163,415,000,000 in 2019.
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 |
|---|---|
| 1981 | -62,499,440,000 |
| 1982 | -41,928,670,000 |
| 1983 | -91,947,500,000 |
| 1984 | -98,141,920,000 |
| 1985 | -1,941,733,000 |
| 1986 | 1,379,431,000 |
| 1987 | 23,688,480,000 |
| 1988 | 96,450,020,000 |
| 1989 | 45,869,000,000 |
| 1990 | 16,469,640,000 |
| 1991 | 34,701,820,000 |
| 1992 | 21,259,470,000 |
| 1993 | -11,897,350,000 |
| 1994 | 11,714,090,000 |
| 1995 | 28,415,600,000 |
| 1996 | 48,947,870,000 |
| 1997 | 9,864,699,000 |
| 1998 | 241,839,000,000 |
| 1999 | 308,508,000,000 |
| 2000 | 410,511,000,000 |
| 2001 | 417,575,000,000 |
| 2002 | 417,007,000,000 |
| 2003 | 424,458,000,000 |
| 2004 | 344,389,000,000 |
| 2005 | 293,713,000,000 |
| 2006 | 270,035,000,000 |
| 2007 | 258,474,000,000 |
| 2008 | 239,819,000,000 |
| 2009 | 333,437,000,000 |
| 2010 | 426,790,000,000 |
| 2011 | 178,325,000,000 |
| 2012 | 205,042,000,000 |
| 2013 | 291,118,000,000 |
| 2014 | 358,003,000,000 |
| 2015 | 312,927,000,000 |
| 2016 | 206,597,000,000 |
| 2017 | 179,349,000,000 |
| 2018 | 0 |
| 2019 | -163,415,000,000 |
| 2020 | -47,750,280,000 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
