Botswana vs Libya: Terms of trade adjustment
Terms of trade adjustment over time
- Botswana
- Libya
How they compare
Botswana currently reports -27.67 billion constant LCU against -30.15 billion constant LCU in Libya, a difference of 2.48 billion constant LCU.
The two have swapped places 3 times across 23 shared years of data; in 2003 it was Libya ahead.
Globally, Botswana ranks 149th and Libya ranks 150th of 178 countries.
Individual pages
About this data
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.