The Gambia - Terms of trade adjustment

Terms of trade adjustment (constant LCU)

The value for Terms of trade adjustment (constant LCU) in The Gambia was 51,054,590 as of 2020. As the graph below shows, over the past 16 years this indicator reached a maximum value of 833,580,600 in 2019 and a minimum value of -948,806,100 in 2018.

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 1,163,894
2005 436,680
2006 469,355
2007 -319,416
2008 -529,598
2009 262,279
2010 -668,715
2011 -631,549
2012 -148,043
2013 0
2014 -709,273,200
2015 97,911,680
2016 502,721,400
2017 -4,432,457
2018 -948,806,100
2019 833,580,600
2020 51,054,590

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts