What is terms of trade adjustment in Japan?

Terms of trade adjustment in Japan was -9.53 trillion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.

What is the highest terms of trade adjustment recorded in Japan?

The highest recorded value was 17.92 trillion constant LCU in 1995.

What is the lowest terms of trade adjustment recorded in Japan?

The lowest recorded value was -16.46 trillion constant LCU in 2022.

How does Japan rank for terms of trade adjustment?

Japan ranks 174th out of 178 countries with data for 2024.

Is terms of trade adjustment rising or falling in Japan?

Over the last ten years it is down 5.8%. The long-run trend across the full record is volatile.

Where does this Japan 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.

Terms of trade adjustment in Japan

Name: Terms of trade adjustment in Japan
Creator: Country official statistics, National Statistical Organizations and/or Central Banks
License: CC BY 4.0 (World Bank Open Data)

Japan: Terms of trade adjustment was -9.53 trillion constant LCU in 2024. ◆ Volatile

Latest (2024)

-9.53 trillion constant LCU

Change on year

up 20.4%

World rank

174th

of 178 countries

All-time high

17.92 trillion constant LCU

in 1995

All-time low

-16.46 trillion constant LCU

in 2022

Years of data

1970–2024

Terms of trade adjustment in Japan, 1970–2024

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

In 2024, terms of trade adjustment in Japan stood at -9.53 trillion constant LCU.

That represents a change of up 20.4% on the previous year and down 5.8% over ten years.

Over the whole period, terms of trade adjustment in Japan peaked at 17.92 trillion constant LCU in 1995 and was at its lowest, -16.46 trillion constant LCU, in 2022.

That places Japan 174th out of 178 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

Decade	Average	Lowest	Highest	Years
1970s	8.16 trillion constant LCU	6.42 trillion constant LCU	10.48 trillion constant LCU	10
1980s	7.20 trillion constant LCU	2.79 trillion constant LCU	13.96 trillion constant LCU	10
1990s	16.15 trillion constant LCU	12.47 trillion constant LCU	17.92 trillion constant LCU	10
2000s	9.60 trillion constant LCU	-4.46 trillion constant LCU	16.28 trillion constant LCU	10
2010s	-4.29 trillion constant LCU	-9.01 trillion constant LCU	1.89 trillion constant LCU	10
2020s	-8.97 trillion constant LCU	-16.46 trillion constant LCU	0 constant LCU	5

Countries ranked near Japan

171 Guinea -3.94 trillion constant LCU compare
172 Uganda -5.10 trillion constant LCU compare
173 Democratic Republic of Congo -5.34 trillion constant LCU compare
175 Iraq -25.43 trillion constant LCU compare
176 South Korea -41.60 trillion constant LCU compare
177 Indonesia -312.72 trillion constant LCU compare

See the full ranking of 178 places →

More economy & growth data for Japan

DEC alternative conversion factor 149.66 LCU per US$ (2025)
Net secondary income (Net current transfers from abroad) -4.25 trillion current LCU (2024)
Net secondary income (Net current transfers from abroad) -28.09 billion current US$ (2024)
Taxes less subsidies on products 3.66 trillion current LCU (2024)
Taxes less subsidies on products 24.19 billion current US$ (2024)
Net primary income (Net income from abroad) 38.60 trillion current LCU (2024)
Net primary income (Net income from abroad) 255.03 billion current US$ (2024)
GNI per capita 5.72 million current LCU (2025)
GNI per capita, Atlas method 38,340 current US$ (2025)
GNI 705.66 trillion current LCU (2025)

All data for Japan →

Frequently asked questions

What is terms of trade adjustment in Japan?: Terms of trade adjustment in Japan was -9.53 trillion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest terms of trade adjustment recorded in Japan?: The highest recorded value was 17.92 trillion constant LCU in 1995.
What is the lowest terms of trade adjustment recorded in Japan?: The lowest recorded value was -16.46 trillion constant LCU in 2022.
How does Japan rank for terms of trade adjustment?: Japan ranks 174th out of 178 countries with data for 2024.
Is terms of trade adjustment rising or falling in Japan?: Over the last ten years it is down 5.8%. The long-run trend across the full record is volatile.
Where does this Japan 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.

Download this data

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About this data

Indicator: Terms of trade adjustment (constant LCU)
Unit: constant LCU
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 178 places, 7,583 data points, 1960–2025
Last refreshed: 06 August 2026

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.