Terms of trade adjustment in Azerbaijan
Azerbaijan: Terms of trade adjustment was 158.20 million constant LCU in 2014. ◆ Volatile
Terms of trade adjustment in Azerbaijan, 1994–2014
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for terms of trade adjustment in Azerbaijan is 158.20 million constant LCU, measured in 2014.
That represents a change of down 90.4% on the previous year and up 112.8% over ten years.
Over the whole period, terms of trade adjustment in Azerbaijan peaked at 10.11 billion constant LCU in 2008 and was at its lowest, -1.79 billion constant LCU, in 2002.
That places Azerbaijan 86th out of 178 countries with data for 2014, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.09 billion constant LCU | -1.43 billion constant LCU | -682.75 million constant LCU | 6 |
| 2000s | 1.17 billion constant LCU | -1.79 billion constant LCU | 10.11 billion constant LCU | 10 |
| 2010s | 2.44 billion constant LCU | 158.20 million constant LCU | 5.90 billion constant LCU | 5 |
Countries ranked near Azerbaijan
More economy & growth data for Azerbaijan
- DEC alternative conversion factor 1.7 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.26 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 742.14 million current US$ (2025)
- Taxes less subsidies on products 12.40 billion current LCU (2025)
- Taxes less subsidies on products 7.29 billion current US$ (2025)
- Net primary income (Net income from abroad) -3.38 billion current LCU (2025)
- Net primary income (Net income from abroad) -1.99 billion current US$ (2025)
- GNI per capita 12,269 current LCU (2025)
- GNI per capita, Atlas method 7,360 current US$ (2025)
- GNI 125.72 billion current LCU (2025)
Frequently asked questions
- What is terms of trade adjustment in Azerbaijan?
- Terms of trade adjustment in Azerbaijan was 158.20 million constant LCU in 2014, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest terms of trade adjustment recorded in Azerbaijan?
- The highest recorded value was 10.11 billion constant LCU in 2008.
- What is the lowest terms of trade adjustment recorded in Azerbaijan?
- The lowest recorded value was -1.79 billion constant LCU in 2002.
- How does Azerbaijan rank for terms of trade adjustment?
- Azerbaijan ranks 86th out of 178 countries with data for 2014.
- Is terms of trade adjustment rising or falling in Azerbaijan?
- Over the last ten years it is up 112.8%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Terms of trade adjustment (constant LCU). Statizoid updates them automatically from the source API.
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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.