Oman - Terms of trade adjustment

Terms of trade adjustment (constant LCU)

The value for Terms of trade adjustment (constant LCU) in Oman was -274,721,200 as of 2020. As the graph below shows, over the past 22 years this indicator reached a maximum value of 5,005,194,000 in 2012 and a minimum value of -7,048,674,000 in 1998.

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
1998 -7,048,674,000
1999 -6,381,729,000
2000 -6,045,290,000
2001 -6,751,568,000
2002 -6,192,511,000
2003 -5,335,880,000
2004 -4,488,525,000
2005 -3,070,671,000
2006 -2,096,430,000
2007 -1,234,366,000
2008 865,969,600
2009 -2,239,658,000
2010 252,101,100
2011 3,477,386,000
2012 5,005,194,000
2013 4,019,903,000
2014 3,403,932,000
2015 -2,718,254,000
2016 -5,032,294,000
2017 -2,284,840,000
2018 0
2019 -570,259,300
2020 -274,721,200

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts