Spain - Terms of trade adjustment
Terms of trade adjustment (constant LCU)
The value for Terms of trade adjustment (constant LCU) in Spain was 3,164,455,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 17,929,900,000 in 2009 and a minimum value of -29,995,430,000 in 1984.
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.
1970
1975
1980
1985
1990
1995
2000
2005
2010
2015
2020
-40,000,000,000
-30,000,000,000
-20,000,000,000
-10,000,000,000
0
10,000,000,000
20,000,000,000
30,000,000,000
Year | Value |
---|---|
1970 | -5,375,406,000 |
1971 | -6,006,812,000 |
1972 | -5,549,975,000 |
1973 | -6,364,764,000 |
1974 | -10,603,150,000 |
1975 | -9,631,433,000 |
1976 | -9,724,769,000 |
1977 | -11,621,220,000 |
1978 | -10,121,070,000 |
1979 | -9,851,179,000 |
1980 | -15,994,070,000 |
1981 | -22,188,860,000 |
1982 | -22,953,920,000 |
1983 | -27,001,000,000 |
1984 | -29,995,430,000 |
1985 | -27,475,350,000 |
1986 | -18,243,130,000 |
1987 | -15,206,220,000 |
1988 | -12,682,690,000 |
1989 | -9,971,107,000 |
1990 | -7,579,143,000 |
1991 | -5,525,315,000 |
1992 | -4,303,055,000 |
1993 | -5,825,831,000 |
1994 | -8,263,000,000 |
1995 | -7,136,693,000 |
1996 | -5,180,755,000 |
1997 | -5,689,794,000 |
1998 | -641,882,600 |
1999 | -1,265,643,000 |
2000 | -9,430,673,000 |
2001 | -5,788,325,000 |
2002 | 923,834,600 |
2003 | 4,341,977,000 |
2004 | 3,664,942,000 |
2005 | 6,085,600,000 |
2006 | 7,867,964,000 |
2007 | 11,153,330,000 |
2008 | 6,013,765,000 |
2009 | 17,929,900,000 |
2010 | 10,886,350,000 |
2011 | 97,618,300 |
2012 | -3,365,891,000 |
2013 | 1,124,880,000 |
2014 | -1,696,165,000 |
2015 | 0 |
2016 | 1,639,606,000 |
2017 | -263,177,400 |
2018 | -2,925,851,000 |
2019 | -5,232,076,000 |
2020 | 3,164,455,000 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts