Turkey - Terms of trade adjustment

Terms of trade adjustment (constant LCU)

The value for Terms of trade adjustment (constant LCU) in Turkey was -34,128,480,000 as of 2020. As the graph below shows, over the past 33 years this indicator reached a maximum value of 10,670,780,000 in 1999 and a minimum value of -50,545,540,000 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
1987 -3,626,752,000
1988 -5,375,321,000
1989 -9,016,315,000
1990 -6,021,840,000
1991 -5,966,722,000
1992 -6,810,231,000
1993 -3,114,561,000
1994 -3,195,907,000
1995 -8,385,517,000
1996 -15,750,340,000
1997 -11,577,460,000
1998 8,185,791,000
1999 10,670,780,000
2000 -1,301,903,000
2001 -4,213,526,000
2002 -542,187,200
2003 5,070,745,000
2004 10,150,800,000
2005 10,011,210,000
2006 410,885,100
2007 4,552,365,000
2008 -2,826,031,000
2009 0
2010 -5,445,229,000
2011 -24,797,470,000
2012 -30,858,090,000
2013 -25,681,140,000
2014 -28,032,400,000
2015 -22,161,130,000
2016 -9,324,393,000
2017 -32,482,390,000
2018 -44,705,460,000
2019 -50,545,540,000
2020 -34,128,480,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts