Terms of trade adjustment (constant LCU), annual growth rate in Australia
Australia: Terms of trade adjustment (constant LCU), annual growth rate was -100 % change on previous year in 2024. ◆ Volatile
Terms of trade adjustment (constant LCU), annual growth rate in Australia, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Australia recorded -100 % change on previous year for terms of trade adjustment (constant lcu), annual growth rate in 2024. That is the lowest value across all 63 years on record.
The figure is down 3,010.8% on the previous year and down 140.7% over ten years.
Over the whole period, terms of trade adjustment (constant lcu), annual growth rate in Australia peaked at 250.32 % change on previous year in 2022 and was at its lowest, -100 % change on previous year, in 2024.
That places Australia 163rd 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.
Terms of trade adjustment (constant LCU), annual growth rate in Australia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -11.16 % change on previous year | — |
| 1962 | -12.16 % change on previous year | +9.0% |
| 1963 | 4.96 % change on previous year | -140.8% |
| 1964 | -0.5404 % change on previous year | -110.9% |
| 1965 | -7.81 % change on previous year | +1345.4% |
| 1966 | -1.49 % change on previous year | -80.9% |
| 1967 | -11.93 % change on previous year | +700.3% |
| 1968 | -11.03 % change on previous year | -7.6% |
| 1969 | -2.86 % change on previous year | -74.1% |
| 1970 | -13.3 % change on previous year | +365.9% |
| 1971 | -19.98 % change on previous year | +50.2% |
| 1972 | -16.15 % change on previous year | -19.2% |
| 1973 | 19.52 % change on previous year | -220.9% |
| 1974 | 17.79 % change on previous year | -8.8% |
| 1975 | -30.09 % change on previous year | -269.1% |
| 1976 | -11.43 % change on previous year | -62.0% |
| 1977 | -11.95 % change on previous year | +4.6% |
| 1978 | -14.27 % change on previous year | +19.4% |
| 1979 | -6.32 % change on previous year | -55.7% |
| 1980 | -2.85 % change on previous year | -55.0% |
| 1981 | 3.94 % change on previous year | -238.2% |
| 1982 | -4.17 % change on previous year | -205.9% |
| 1983 | -2.17 % change on previous year | -47.9% |
| 1984 | -4.85 % change on previous year | +123.0% |
| 1985 | -17.45 % change on previous year | +259.9% |
| 1986 | -14.48 % change on previous year | -17.0% |
| 1987 | -15.37 % change on previous year | +6.2% |
| 1988 | -0.9069 % change on previous year | -94.1% |
| 1989 | 13.01 % change on previous year | -1534.2% |
| 1990 | -4.21 % change on previous year | -132.4% |
| 1991 | -18.63 % change on previous year | +342.5% |
| 1992 | -13.23 % change on previous year | -29.0% |
| 1993 | -12.07 % change on previous year | -8.8% |
| 1994 | -12.45 % change on previous year | +3.2% |
| 1995 | -1.29 % change on previous year | -89.6% |
| 1996 | -6.55 % change on previous year | +406.7% |
| 1997 | -7.49 % change on previous year | +14.3% |
| 1998 | -5.22 % change on previous year | -30.3% |
| 1999 | -7.36 % change on previous year | +41.1% |
| 2000 | -5.58 % change on previous year | -24.3% |
| 2001 | -6.71 % change on previous year | +20.4% |
| 2002 | 2.1 % change on previous year | -131.3% |
| 2003 | 1.2 % change on previous year | -43.2% |
| 2004 | 7.53 % change on previous year | +529.7% |
| 2005 | 10.03 % change on previous year | +33.2% |
| 2006 | 16.06 % change on previous year | +60.1% |
| 2007 | 13.35 % change on previous year | -16.9% |
| 2008 | 13.79 % change on previous year | +3.3% |
| 2009 | 26.14 % change on previous year | +89.6% |
| 2010 | -26.33 % change on previous year | -200.7% |
| 2011 | 93.61 % change on previous year | -455.5% |
| 2012 | 40.8 % change on previous year | -56.4% |
| 2014 | -41.54 % change on previous year | -201.8% |
| 2015 | -77.97 % change on previous year | +87.7% |
| 2016 | -43.24 % change on previous year | -44.5% |
| 2017 | 29.2 % change on previous year | -167.5% |
| 2018 | 3.61 % change on previous year | -87.6% |
| 2019 | 22.26 % change on previous year | +516.8% |
| 2020 | 7.12 % change on previous year | -68.0% |
| 2021 | 68.26 % change on previous year | +858.4% |
| 2022 | 250.32 % change on previous year | +266.7% |
| 2023 | 3.44 % change on previous year | -98.6% |
| 2024 | -100 % change on previous year | -3010.8% |
Australia compared with similar countries
- Australia's -100 % change on previous year is below the median for high income countries, which is 12.48 % change on previous year. (63 countries reporting)
- Australia's -100 % change on previous year is below the median for East Asia & Pacific, which is 12.8 % change on previous year. (28 countries reporting)
Biggest year-on-year movements
Years where Terms of trade adjustment (constant LCU), annual growth rate in Australia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2024 | -3010.8% | 3.44 % change on previous year | -100 % change on previous year |
| 1989 | +1534.2% | -0.9069 % change on previous year | 13.01 % change on previous year |
| 1965 | -1345.4% | -0.5404 % change on previous year | -7.81 % change on previous year |
| 2021 | +858.4% | 7.12 % change on previous year | 68.26 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -6 % change on previous year | -12.16 % change on previous year | 4.96 % change on previous year | 9 |
| 1970s | -8.62 % change on previous year | -30.09 % change on previous year | 19.52 % change on previous year | 10 |
| 1980s | -4.53 % change on previous year | -17.45 % change on previous year | 13.01 % change on previous year | 10 |
| 1990s | -8.85 % change on previous year | -18.63 % change on previous year | -1.29 % change on previous year | 10 |
| 2000s | 7.79 % change on previous year | -6.71 % change on previous year | 26.14 % change on previous year | 10 |
| 2010s | 0.0445 % change on previous year | -77.97 % change on previous year | 93.61 % change on previous year | 9 |
| 2020s | 45.83 % change on previous year | -100 % change on previous year | 250.32 % change on previous year | 5 |
Countries ranked near Australia
- 160 Azerbaijan -90.37 % change on previous year compare
- 161 Russia -90.89 % change on previous year compare
- 162 Denmark -96.21 % change on previous year compare
- 163 Vanuatu -100 % change on previous year compare
- 163 Zimbabwe -100 % change on previous year compare
- 166 Bangladesh -100.02 % change on previous year compare
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -164.69 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 36.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.02 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0203 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,323 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is terms of trade adjustment (constant lcu), annual growth rate in Australia?
- Terms of trade adjustment (constant lcu), annual growth rate in Australia was -100 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest terms of trade adjustment (constant lcu), annual growth rate recorded in Australia?
- The highest recorded value was 250.32 % change on previous year in 2022.
- What is the lowest terms of trade adjustment (constant lcu), annual growth rate recorded in Australia?
- The lowest recorded value was -100 % change on previous year in 2024.
- How does Australia rank for terms of trade adjustment (constant lcu), annual growth rate?
- Australia ranks 163rd out of 178 countries with data for 2024.
- Is terms of trade adjustment (constant lcu), annual growth rate rising or falling in Australia?
- Over the last ten years it is down 140.7%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Statizoid (derived), published as part of Terms of trade adjustment (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Terms of trade adjustment Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.