Terms of trade adjustment in Portugal
Portugal: Terms of trade adjustment was 6.20 billion constant LCU in 2025. ◆ Volatile
Terms of trade adjustment in Portugal, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, terms of trade adjustment in Portugal stood at 6.20 billion constant LCU. That is the highest value across all 56 years on record.
The figure is up 37.6% on the previous year and up 421.4% over ten years.
Over the whole period, terms of trade adjustment in Portugal peaked at 6.20 billion constant LCU in 2025 and was at its lowest, -5.85 billion constant LCU, in 2008.
Portugal ranks 60th of 178 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Terms of trade adjustment in Portugal, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | -1.47 billion constant LCU | — |
| 1971 | -1.39 billion constant LCU | -5.6% |
| 1972 | -1.37 billion constant LCU | -1.2% |
| 1973 | -1.38 billion constant LCU | +1.0% |
| 1974 | -1.18 billion constant LCU | -15.1% |
| 1975 | -1.89 billion constant LCU | +60.5% |
| 1976 | -2.24 billion constant LCU | +18.8% |
| 1977 | -2.20 billion constant LCU | -1.9% |
| 1978 | -2.20 billion constant LCU | -0.1% |
| 1979 | -3.12 billion constant LCU | +41.8% |
| 1980 | -3.59 billion constant LCU | +15.3% |
| 1981 | -3.89 billion constant LCU | +8.2% |
| 1982 | -3.95 billion constant LCU | +1.7% |
| 1983 | -4.48 billion constant LCU | +13.4% |
| 1984 | -5.08 billion constant LCU | +13.3% |
| 1985 | -4.98 billion constant LCU | -1.9% |
| 1986 | -3.87 billion constant LCU | -22.5% |
| 1987 | -4.12 billion constant LCU | +6.7% |
| 1988 | -4.47 billion constant LCU | +8.4% |
| 1989 | -4.82 billion constant LCU | +7.8% |
| 1990 | -4.84 billion constant LCU | +0.4% |
| 1991 | -4.39 billion constant LCU | -9.2% |
| 1992 | -3.44 billion constant LCU | -21.7% |
| 1993 | -3.22 billion constant LCU | -6.5% |
| 1994 | -2.99 billion constant LCU | -7.1% |
| 1995 | -2.81 billion constant LCU | -6.1% |
| 1996 | -3.60 billion constant LCU | +28.2% |
| 1997 | -3.65 billion constant LCU | +1.4% |
| 1998 | -3.00 billion constant LCU | -17.8% |
| 1999 | -2.70 billion constant LCU | -10.0% |
| 2000 | -4.03 billion constant LCU | +49.4% |
| 2001 | -4.08 billion constant LCU | +1.3% |
| 2002 | -3.49 billion constant LCU | -14.4% |
| 2003 | -3.56 billion constant LCU | +2.0% |
| 2004 | -3.86 billion constant LCU | +8.5% |
| 2005 | -4.38 billion constant LCU | +13.3% |
| 2006 | -4.58 billion constant LCU | +4.8% |
| 2007 | -4.64 billion constant LCU | +1.3% |
| 2008 | -5.85 billion constant LCU | +26.0% |
| 2009 | -2.99 billion constant LCU | -48.9% |
| 2010 | -4.00 billion constant LCU | +33.7% |
| 2011 | -5.32 billion constant LCU | +33.2% |
| 2012 | -5.13 billion constant LCU | -3.7% |
| 2013 | -4.44 billion constant LCU | -13.4% |
| 2014 | -3.94 billion constant LCU | -11.3% |
| 2015 | -1.93 billion constant LCU | -51.0% |
| 2016 | -767.02 million constant LCU | -60.2% |
| 2017 | -1.48 billion constant LCU | +93.3% |
| 2018 | -2.00 billion constant LCU | +35.2% |
| 2019 | -1.35 billion constant LCU | -32.7% |
| 2020 | 0 constant LCU | -100.0% |
| 2021 | -875.36 million constant LCU | — |
| 2022 | -4.30 billion constant LCU | +391.3% |
| 2023 | 906.74 million constant LCU | -121.1% |
| 2024 | 4.51 billion constant LCU | +397.0% |
| 2025 | 6.20 billion constant LCU | +37.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.84 billion constant LCU | -3.12 billion constant LCU | -1.18 billion constant LCU | 10 |
| 1980s | -4.33 billion constant LCU | -5.08 billion constant LCU | -3.59 billion constant LCU | 10 |
| 1990s | -3.46 billion constant LCU | -4.84 billion constant LCU | -2.70 billion constant LCU | 10 |
| 2000s | -4.15 billion constant LCU | -5.85 billion constant LCU | -2.99 billion constant LCU | 10 |
| 2010s | -3.04 billion constant LCU | -5.32 billion constant LCU | -767.02 million constant LCU | 10 |
| 2020s | 1.07 billion constant LCU | -4.30 billion constant LCU | 6.20 billion constant LCU | 6 |
Countries ranked near Portugal
More economy & growth data for Portugal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.9 Percent per annum (2029)
- Industry (including construction), value added (constant 2015 US$) 1.4 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1382 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 4,435 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 1.4 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.1309 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 4,199 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 10.94 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6655 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is terms of trade adjustment in Portugal?
- Terms of trade adjustment in Portugal was 6.20 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest terms of trade adjustment recorded in Portugal?
- The highest recorded value was 6.20 billion constant LCU in 2025.
- What is the lowest terms of trade adjustment recorded in Portugal?
- The lowest recorded value was -5.85 billion constant LCU in 2008.
- How does Portugal rank for terms of trade adjustment?
- Portugal ranks 60th out of 178 countries with data for 2025.
- Is terms of trade adjustment rising or falling in Portugal?
- Over the last ten years it is up 421.4%. The long-run trend across the full record is volatile.
- Where does this Portugal 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
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.