Kuwait - Terms of trade adjustment
Terms of trade adjustment (constant LCU)
The value for Terms of trade adjustment (constant LCU) in Kuwait was -5,862,690,000 as of 2019. As the graph below shows, over the past 9 years this indicator reached a maximum value of 7,085,057,000 in 2012 and a minimum value of -12,651,060,000 in 2016.
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 |
|---|---|
| 2010 | 0 |
| 2011 | 4,653,038,000 |
| 2012 | 7,085,057,000 |
| 2013 | 5,804,379,000 |
| 2014 | 1,782,391,000 |
| 2015 | -9,596,670,000 |
| 2016 | -12,651,060,000 |
| 2017 | -8,232,385,000 |
| 2018 | -5,268,297,000 |
| 2019 | -5,862,690,000 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
