Saudi Arabia - Terms of trade adjustment
Terms of trade adjustment (constant LCU)
The value for Terms of trade adjustment (constant LCU) in Saudi Arabia was -444,863,000,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 258,338,000,000 in 2012 and a minimum value of -523,723,000,000 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 |
|---|---|
| 2000 | -466,555,000,000 |
| 2001 | -482,159,000,000 |
| 2002 | -381,779,000,000 |
| 2003 | -445,042,000,000 |
| 2004 | -389,878,000,000 |
| 2005 | -225,303,000,000 |
| 2006 | -108,802,000,000 |
| 2007 | -50,037,210,000 |
| 2008 | 142,201,000,000 |
| 2009 | -176,636,000,000 |
| 2010 | 0 |
| 2011 | 227,633,000,000 |
| 2012 | 258,338,000,000 |
| 2013 | 176,068,000,000 |
| 2014 | 38,639,390,000 |
| 2015 | -392,696,000,000 |
| 2016 | -523,723,000,000 |
| 2017 | -368,690,000,000 |
| 2018 | -216,523,000,000 |
| 2019 | -203,465,000,000 |
| 2020 | -444,863,000,000 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
