Jamaica - Terms of trade adjustment
Terms of trade adjustment (constant LCU)
The value for Terms of trade adjustment (constant LCU) in Jamaica was -21,515,300,000 as of 2020. As the graph below shows, over the past 13 years this indicator reached a maximum value of 645,830 in 2007 and a minimum value of -45,766,000,000 in 2014.
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 |
|---|---|
| 2007 | 645,830 |
| 2008 | -30,453,170,000 |
| 2009 | -27,508,720,000 |
| 2010 | -28,678,190,000 |
| 2011 | -39,035,150,000 |
| 2012 | -36,807,730,000 |
| 2013 | -44,413,200,000 |
| 2014 | -45,766,000,000 |
| 2015 | -39,013,890,000 |
| 2016 | -22,448,820,000 |
| 2017 | -23,053,360,000 |
| 2018 | -13,617,740,000 |
| 2019 | -21,229,650,000 |
| 2020 | -21,515,300,000 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
