Marshall Islands - Terms of trade adjustment
Terms of trade adjustment (constant LCU)
The value for Terms of trade adjustment (constant LCU) in Marshall Islands was 10,610,740 as of 2020. As the graph below shows, over the past 16 years this indicator reached a maximum value of 15,433,560 in 2017 and a minimum value of -17,768,330 in 2010.
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 |
|---|---|
| 2004 | -3,567,535 |
| 2005 | 2,769,705 |
| 2006 | 1,369,667 |
| 2007 | 631,847 |
| 2008 | 482,627 |
| 2009 | -8,352,663 |
| 2010 | -17,768,330 |
| 2011 | 2,053,334 |
| 2012 | 13,011,440 |
| 2013 | 10,835,140 |
| 2014 | 1,743,207 |
| 2015 | 0 |
| 2016 | 6,566,500 |
| 2017 | 15,433,560 |
| 2018 | 13,214,090 |
| 2019 | 6,872,164 |
| 2020 | 10,610,740 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
