Japan - Terms of trade adjustment

Terms of trade adjustment (constant LCU)

The value for Terms of trade adjustment (constant LCU) in Japan was 2,867,740,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 21,816,000,000,000 in 1995 and a minimum value of -7,017,000,000,000 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
1970 8,660,600,000,000
1971 11,188,400,000,000
1972 12,533,600,000,000
1973 11,479,100,000,000
1974 8,856,500,000,000
1975 7,903,260,000,000
1976 8,494,620,000,000
1977 9,537,520,000,000
1978 12,336,100,000,000
1979 8,382,920,000,000
1980 3,934,190,000,000
1981 4,776,290,000,000
1982 4,173,470,000,000
1983 4,350,070,000,000
1984 5,700,030,000,000
1985 5,868,440,000,000
1986 14,292,600,000,000
1987 14,420,600,000,000
1988 15,795,000,000,000
1989 16,755,000,000,000
1990 15,166,600,000,000
1991 17,250,200,000,000
1992 19,013,800,000,000
1993 19,891,400,000,000
1994 21,206,100,000,000
1995 21,816,000,000,000
1996 19,929,100,000,000
1997 19,325,300,000,000
1998 21,386,400,000,000
1999 21,590,700,000,000
2000 20,252,200,000,000
2001 18,991,200,000,000
2002 20,117,300,000,000
2003 19,581,700,000,000
2004 18,767,700,000,000
2005 14,331,200,000,000
2006 9,241,130,000,000
2007 6,316,890,000,000
2008 -2,050,200,000,000
2009 6,213,450,000,000
2010 2,682,860,000,000
2011 -3,849,900,000,000
2012 -4,901,750,000,000
2013 -5,808,880,000,000
2014 -7,017,000,000,000
2015 0
2016 5,377,260,000,000
2017 1,637,270,000,000
2018 -2,763,680,000,000
2019 -1,974,310,000,000
2020 2,867,740,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts