Turkey - Terms of trade adjustment
Terms of trade adjustment (constant LCU)
The value for Terms of trade adjustment (constant LCU) in Turkey was -34,128,480,000 as of 2020. As the graph below shows, over the past 33 years this indicator reached a maximum value of 10,670,780,000 in 1999 and a minimum value of -50,545,540,000 in 2019.
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.
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
-60,000,000,000
-50,000,000,000
-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
Year | Value |
---|---|
1987 | -3,626,752,000 |
1988 | -5,375,321,000 |
1989 | -9,016,315,000 |
1990 | -6,021,840,000 |
1991 | -5,966,722,000 |
1992 | -6,810,231,000 |
1993 | -3,114,561,000 |
1994 | -3,195,907,000 |
1995 | -8,385,517,000 |
1996 | -15,750,340,000 |
1997 | -11,577,460,000 |
1998 | 8,185,791,000 |
1999 | 10,670,780,000 |
2000 | -1,301,903,000 |
2001 | -4,213,526,000 |
2002 | -542,187,200 |
2003 | 5,070,745,000 |
2004 | 10,150,800,000 |
2005 | 10,011,210,000 |
2006 | 410,885,100 |
2007 | 4,552,365,000 |
2008 | -2,826,031,000 |
2009 | 0 |
2010 | -5,445,229,000 |
2011 | -24,797,470,000 |
2012 | -30,858,090,000 |
2013 | -25,681,140,000 |
2014 | -28,032,400,000 |
2015 | -22,161,130,000 |
2016 | -9,324,393,000 |
2017 | -32,482,390,000 |
2018 | -44,705,460,000 |
2019 | -50,545,540,000 |
2020 | -34,128,480,000 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts