Tonga - Terms of trade adjustment
Terms of trade adjustment (constant LCU)
The value for Terms of trade adjustment (constant LCU) in Tonga was -15,573,680 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 12,518,320 in 2019 and a minimum value of -42,573,010 in 2015.
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 |
|---|---|
| 2011 | -29,341,630 |
| 2012 | -15,625,100 |
| 2013 | -10,916,680 |
| 2014 | -42,220,760 |
| 2015 | -42,573,010 |
| 2016 | -17,633,370 |
| 2017 | -20 |
| 2018 | -14,666,690 |
| 2019 | 12,518,320 |
| 2020 | -15,573,680 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
