Belize - Terms of trade adjustment
Terms of trade adjustment (constant LCU)
The value for Terms of trade adjustment (constant LCU) in Belize was -256,904,900 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 164,731,400 in 1980 and a minimum value of -396,880,700 in 2006.
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 |
|---|---|
| 1980 | 164,731,400 |
| 1981 | 33,669,630 |
| 1982 | 40,216,760 |
| 1983 | 48,851,120 |
| 1984 | 63,156,940 |
| 1985 | 36,816 |
| 1986 | 19,162,900 |
| 1987 | 61,703,660 |
| 1988 | 86,947,050 |
| 1989 | 73,173,920 |
| 1990 | 97,196,490 |
| 1992 | 24,070,690 |
| 1993 | 14,037,830 |
| 1994 | 25,166,150 |
| 1995 | 39,768,630 |
| 1996 | 55,021,810 |
| 1997 | 20,251,370 |
| 1998 | 39,293,400 |
| 1999 | 23,557,490 |
| 2000 | 0 |
| 2001 | -29,539,430 |
| 2002 | -21,414,310 |
| 2003 | -119,200,700 |
| 2004 | -193,759,500 |
| 2005 | -241,368,900 |
| 2006 | -396,880,700 |
| 2007 | -161,875,300 |
| 2008 | -199,362,500 |
| 2009 | -303,096,100 |
| 2010 | -267,195,900 |
| 2011 | -204,737,400 |
| 2012 | -225,209,900 |
| 2013 | -181,369,000 |
| 2014 | -146,203,100 |
| 2015 | -105,084,700 |
| 2016 | 20,132,960 |
| 2017 | 73,866,300 |
| 2018 | -28,375,630 |
| 2019 | -73,717,070 |
| 2020 | -256,904,900 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
