Ireland - Terms of trade adjustment

Terms of trade adjustment (constant LCU)

The value for Terms of trade adjustment (constant LCU) in Ireland was -14,643,250,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 10,478,790,000 in 2002 and a minimum value of -14,643,250,000 in 2020.

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.

1970
1975
1980
1985
1990
1995
2000
2005
2010
2015
2020
-20,000,000,000
-15,000,000,000
-10,000,000,000
-5,000,000,000
0
5,000,000,000
10,000,000,000
15,000,000,000
Year Value
1970 1,155,262,000
1971 1,336,960,000
1972 1,819,460,000
1973 2,487,296,000
1974 1,055,490,000
1975 973,810,000
1976 1,374,345,000
1977 1,371,775,000
1978 1,766,334,000
1979 1,392,270,000
1980 639,096,600
1981 403,164,100
1982 836,315,800
1983 1,498,213,000
1984 1,517,715,000
1985 1,720,004,000
1986 2,659,659,000
1987 2,817,211,000
1988 2,884,665,000
1989 3,487,066,000
1990 2,354,971,000
1991 1,657,246,000
1992 1,622,610,000
1993 2,618,643,000
1994 2,039,895,000
1995 1,481,788,000
1996 1,704,531,000
1997 2,219,148,000
1998 3,512,993,000
1999 3,857,485,000
2000 4,538,016,000
2001 6,917,506,000
2002 10,478,790,000
2003 8,758,523,000
2004 944,448,900
2005 3,655,418,000
2006 2,281,736,000
2007 3,348,112,000
2008 5,055,998,000
2009 2,636,339,000
2010 -3,627,931,000
2011 176,623,300
2012 -3,484,067,000
2013 -3,932,963,000
2014 -9,006,156,000
2015 0
2016 -644,504,100
2017 -6,939,327,000
2018 -13,302,680,000
2019 -9,047,606,000
2020 -14,643,250,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts