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.
| 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
