Benin - Terms of trade adjustment
Terms of trade adjustment (constant LCU)
The value for Terms of trade adjustment (constant LCU) in Benin was 33,790,520,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 97,933,620,000 in 2019 and a minimum value of -166,396,000,000 in 2008.
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.
1960
1965
1970
1975
1980
1985
1990
1995
2000
2005
2010
2015
2020
-200,000,000,000
-150,000,000,000
-100,000,000,000
-50,000,000,000
0
50,000,000,000
100,000,000,000
150,000,000,000
Year | Value |
---|---|
1960 | 4,482,879,000 |
1961 | 2,765,650,000 |
1962 | 3,478,639,000 |
1963 | 5,875,857,000 |
1964 | 5,001,591,000 |
1965 | 7,246,678,000 |
1966 | 8,967,463,000 |
1967 | 13,454,330,000 |
1968 | 36,391,760,000 |
1969 | 26,456,510,000 |
1970 | 44,497,940,000 |
1971 | 47,252,210,000 |
1972 | 14,513,290,000 |
1973 | 54,231,990,000 |
1974 | 9,454,117,000 |
1975 | -1,977,617,000 |
1976 | -14,456,790,000 |
1977 | 10,003,950,000 |
1978 | 8,940,339,000 |
1979 | -10,474,390,000 |
1980 | -26,686,320,000 |
1981 | -77,111,980,000 |
1982 | -346,205,100 |
1983 | 232,666,000 |
1984 | 16,394,920,000 |
1985 | -161,393,800 |
1986 | -31,353,200,000 |
1987 | -41,947,300,000 |
1988 | -17,068,500,000 |
1989 | -26,096,900,000 |
1990 | -36,732,750,000 |
1991 | -31,216,290,000 |
1992 | -43,451,610,000 |
1993 | -82,084,790,000 |
1994 | -89,586,950,000 |
1995 | -74,210,950,000 |
1996 | -30,831,560,000 |
1997 | -37,421,760,000 |
1998 | -69,957,140,000 |
1999 | -150,191,000,000 |
2000 | -105,067,000,000 |
2001 | -120,640,000,000 |
2002 | -112,888,000,000 |
2003 | -99,502,240,000 |
2004 | -36,969,060,000 |
2005 | -123,631,000,000 |
2006 | -123,955,000,000 |
2007 | -155,013,000,000 |
2008 | -166,396,000,000 |
2009 | -132,996,000,000 |
2010 | -100,670,000,000 |
2011 | -63,491,800,000 |
2012 | -65,446,420,000 |
2013 | -11,846,340,000 |
2014 | -59,885,270,000 |
2015 | 0 |
2016 | 71,473,950,000 |
2017 | 1,174,175,000 |
2018 | -12,070,010,000 |
2019 | 97,933,620,000 |
2020 | 33,790,520,000 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts