Armenia - Terms of trade adjustment
Terms of trade adjustment (constant LCU)
The value for Terms of trade adjustment (constant LCU) in Armenia was -208,401,000,000 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 143,157,000,000 in 2005 and a minimum value of -360,271,000,000 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 |
|---|---|
| 1994 | 128,390,000,000 |
| 1995 | 57,473,920,000 |
| 1996 | 60,371,460,000 |
| 1997 | 58,901,190,000 |
| 1998 | 51,771,040,000 |
| 1999 | 60,806,330,000 |
| 2000 | 50,977,610,000 |
| 2001 | 66,111,840,000 |
| 2002 | 92,477,340,000 |
| 2003 | 115,631,000,000 |
| 2004 | 126,525,000,000 |
| 2005 | 143,157,000,000 |
| 2006 | 132,651,000,000 |
| 2007 | 89,383,460,000 |
| 2008 | 16,263,400,000 |
| 2009 | -77,952,970,000 |
| 2010 | 18,077,170,000 |
| 2011 | -58,216,730,000 |
| 2012 | 0 |
| 2013 | -87,063,040,000 |
| 2014 | -143,492,000,000 |
| 2015 | -219,666,000,000 |
| 2016 | -286,986,000,000 |
| 2017 | -304,190,000,000 |
| 2018 | -270,488,000,000 |
| 2019 | -360,271,000,000 |
| 2020 | -208,401,000,000 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
