Thailand - Terms of trade adjustment

Terms of trade adjustment (constant LCU)

The value for Terms of trade adjustment (constant LCU) in Thailand was 445,739,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 671,281,000,000 in 2016 and a minimum value of -139,687,000,000 in 2012.

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
1960 24,879,930,000
1961 26,109,350,000
1962 30,357,560,000
1963 31,220,720,000
1964 40,006,060,000
1965 43,873,180,000
1966 61,968,140,000
1967 68,249,540,000
1968 78,487,770,000
1969 89,031,290,000
1970 73,416,790,000
1971 39,841,280,000
1972 64,336,270,000
1973 123,565,000,000
1974 85,400,780,000
1975 59,170,900,000
1976 63,523,880,000
1977 55,020,070,000
1978 60,113,830,000
1979 74,762,520,000
1980 62,431,920,000
1981 33,800,190,000
1982 -6,137,557,000
1983 37,780,430,000
1984 64,377,680,000
1985 -11,384,350,000
1986 9,480,053,000
1987 31,636,470,000
1988 69,513,400,000
1989 52,154,230,000
1990 9,025,209,000
1991 27,770,130,000
1992 64,593,200,000
1993 71,571,260,000
1994 135,890,000,000
1995 235,473,000,000
1996 258,571,000,000
1997 283,848,000,000
1998 211,871,000,000
1999 90,053,470,000
2000 34,636,600,000
2001 -31,173,530,000
2002 0
2003 64,373,790,000
2004 120,766,000,000
2005 76,840,620,000
2006 34,733,170,000
2007 204,119,000,000
2008 -29,003,960,000
2009 102,531,000,000
2010 130,883,000,000
2011 -88,872,450,000
2012 -139,687,000,000
2013 -25,162,110,000
2014 670,647,100
2015 484,285,000,000
2016 671,281,000,000
2017 627,661,000,000
2018 530,343,000,000
2019 525,633,000,000
2020 445,739,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts