Terms of trade adjustment in Japan
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
55
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.
Terms of trade adjustment in Japan, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 7.20 trillion constant LCU | — |
| 1971 | 9.34 trillion constant LCU | +29.6% |
| 1972 | 10.48 trillion constant LCU | +12.3% |
| 1973 | 9.56 trillion constant LCU | -8.8% |
| 1974 | 7.24 trillion constant LCU | -24.3% |
| 1975 | 6.42 trillion constant LCU | -11.3% |
| 1976 | 6.87 trillion constant LCU | +7.0% |
| 1977 | 7.71 trillion constant LCU | +12.3% |
| 1978 | 10.12 trillion constant LCU | +31.2% |
| 1979 | 6.70 trillion constant LCU | -33.8% |
| 1980 | 2.79 trillion constant LCU | -58.4% |
| 1981 | 3.48 trillion constant LCU | +24.9% |
| 1982 | 2.97 trillion constant LCU | -14.8% |
| 1983 | 3.14 trillion constant LCU | +5.9% |
| 1984 | 4.23 trillion constant LCU | +34.5% |
| 1985 | 4.36 trillion constant LCU | +3.2% |
| 1986 | 11.84 trillion constant LCU | +171.4% |
| 1987 | 12.02 trillion constant LCU | +1.5% |
| 1988 | 13.27 trillion constant LCU | +10.4% |
| 1989 | 13.96 trillion constant LCU | +5.2% |
| 1990 | 12.47 trillion constant LCU | -10.6% |
| 1991 | 14.19 trillion constant LCU | +13.7% |
| 1992 | 15.82 trillion constant LCU | +11.5% |
| 1993 | 16.48 trillion constant LCU | +4.2% |
| 1994 | 17.44 trillion constant LCU | +5.8% |
| 1995 | 17.92 trillion constant LCU | +2.8% |
| 1996 | 16.31 trillion constant LCU | -9.0% |
| 1997 | 15.65 trillion constant LCU | -4.0% |
| 1998 | 17.53 trillion constant LCU | +12.0% |
| 1999 | 17.67 trillion constant LCU | +0.8% |
| 2000 | 16.28 trillion constant LCU | -7.9% |
| 2001 | 15.28 trillion constant LCU | -6.2% |
| 2002 | 16.12 trillion constant LCU | +5.5% |
| 2003 | 15.50 trillion constant LCU | -3.8% |
| 2004 | 14.57 trillion constant LCU | -6.0% |
| 2005 | 10.50 trillion constant LCU | -27.9% |
| 2006 | 5.76 trillion constant LCU | -45.1% |
| 2007 | 2.98 trillion constant LCU | -48.3% |
| 2008 | -4.46 trillion constant LCU | -249.7% |
| 2009 | 3.45 trillion constant LCU | -177.3% |
| 2010 | -182.85 billion constant LCU | -105.3% |
| 2011 | -5.96 trillion constant LCU | +3157.9% |
| 2012 | -6.88 trillion constant LCU | +15.5% |
| 2013 | -7.69 trillion constant LCU | +11.7% |
| 2014 | -9.01 trillion constant LCU | +17.1% |
| 2015 | -2.90 trillion constant LCU | -67.8% |
| 2016 | 1.89 trillion constant LCU | -165.3% |
| 2017 | -1.65 trillion constant LCU | -187.0% |
| 2018 | -5.67 trillion constant LCU | +244.4% |
| 2019 | -4.89 trillion constant LCU | -13.8% |
| 2020 | 0 constant LCU | -100.0% |
| 2021 | -6.89 trillion constant LCU | — |
| 2022 | -16.46 trillion constant LCU | +138.9% |
| 2023 | -11.97 trillion constant LCU | -27.3% |
| 2024 | -9.53 trillion constant LCU | -20.4% |
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
More economy & growth data for Japan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.03 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.4463 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 2.85 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 150.1 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 5.07 million current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual -0.6749 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 1.13 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 38,069 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth -0.675 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 140.23 constant LCU per US$ of GDP (2024)
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.
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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.