Terms of trade adjustment in Russia
Russia: Terms of trade adjustment was 9.17 trillion constant LCU in 2021. ◆ Volatile
Terms of trade adjustment in Russia, 1990–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2021, terms of trade adjustment in Russia stood at 9.17 trillion constant LCU.
Compared with earlier readings it is up 1,788.0% on the previous year and down 30.8% over ten years.
Over the whole period, terms of trade adjustment in Russia peaked at 14.22 trillion constant LCU in 2012 and was at its lowest, -2.98 trillion constant LCU, in 1999.
That places Russia 5th out of 178 countries with data for 2021, putting it in the top 10%.
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 | -1.20 trillion constant LCU | -2.98 trillion constant LCU | 1.82 trillion constant LCU | 10 |
| 2000s | 3.06 trillion constant LCU | -1.61 trillion constant LCU | 12.33 trillion constant LCU | 10 |
| 2010s | 7.83 trillion constant LCU | 0 constant LCU | 14.22 trillion constant LCU | 10 |
| 2020s | 4.83 trillion constant LCU | 485.54 billion constant LCU | 9.17 trillion constant LCU | 2 |
Countries ranked near Russia
More economy & growth data for Russia
- DEC alternative conversion factor 83.65 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -630.16 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -7.53 billion current US$ (2025)
- Taxes less subsidies on products 17.98 trillion current LCU (2025)
- Taxes less subsidies on products 214.94 billion current US$ (2025)
- Net primary income (Net income from abroad) -1.50 trillion current LCU (2025)
- Net primary income (Net income from abroad) -17.93 billion current US$ (2025)
- GNI per capita 1.46 million current LCU (2025)
- GNI per capita, Atlas method 15,960 current US$ (2025)
- GNI 212.76 trillion current LCU (2025)
Frequently asked questions
- What is terms of trade adjustment in Russia?
- Terms of trade adjustment in Russia was 9.17 trillion constant LCU in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest terms of trade adjustment recorded in Russia?
- The highest recorded value was 14.22 trillion constant LCU in 2012.
- What is the lowest terms of trade adjustment recorded in Russia?
- The lowest recorded value was -2.98 trillion constant LCU in 1999.
- How does Russia rank for terms of trade adjustment?
- Russia ranks 5th out of 178 countries with data for 2021.
- Is terms of trade adjustment rising or falling in Russia?
- Over the last ten years it is down 30.8%. The long-run trend across the full record is volatile.
- Where does this Russia 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.