Terms of trade adjustment in Russian Federation
Russian Federation: Terms of trade adjustment was 9.17 trillion constant LCU in 2021. ◆ Volatile
Terms of trade adjustment in Russian Federation, 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 Russian Federation 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 Russian Federation peaked at 14.22 trillion constant LCU in 2012 and was at its lowest, -2.98 trillion constant LCU, in 1999.
That places Russian Federation 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.
Terms of trade adjustment in Russian Federation, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1990 | 1.82 trillion constant LCU | — |
| 1991 | -1.10 trillion constant LCU | -160.8% |
| 1992 | 277.98 billion constant LCU | -125.2% |
| 1993 | -737.79 billion constant LCU | -365.4% |
| 1994 | -1.61 trillion constant LCU | +117.6% |
| 1995 | -1.61 trillion constant LCU | +0.6% |
| 1996 | -1.53 trillion constant LCU | -5.3% |
| 1997 | -2.03 trillion constant LCU | +33.0% |
| 1998 | -2.48 trillion constant LCU | +22.2% |
| 1999 | -2.98 trillion constant LCU | +19.9% |
| 2000 | -699.78 billion constant LCU | -76.5% |
| 2001 | -1.29 trillion constant LCU | +84.0% |
| 2002 | -1.61 trillion constant LCU | +24.8% |
| 2003 | -998.80 billion constant LCU | -37.9% |
| 2004 | 1.19 trillion constant LCU | -219.5% |
| 2005 | 4.01 trillion constant LCU | +236.3% |
| 2006 | 6.72 trillion constant LCU | +67.4% |
| 2007 | 8.06 trillion constant LCU | +19.9% |
| 2008 | 12.33 trillion constant LCU | +53.1% |
| 2009 | 2.85 trillion constant LCU | -76.9% |
| 2010 | 7.36 trillion constant LCU | +158.1% |
| 2011 | 13.24 trillion constant LCU | +80.0% |
| 2012 | 14.22 trillion constant LCU | +7.4% |
| 2013 | 12.81 trillion constant LCU | -9.9% |
| 2014 | 11.41 trillion constant LCU | -11.0% |
| 2015 | 4.07 trillion constant LCU | -64.4% |
| 2016 | 0 constant LCU | -100.0% |
| 2017 | 2.81 trillion constant LCU | — |
| 2018 | 7.02 trillion constant LCU | +150.3% |
| 2019 | 5.33 trillion constant LCU | -24.2% |
| 2020 | 485.54 billion constant LCU | -90.9% |
| 2021 | 9.17 trillion constant LCU | +1788.0% |
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 Russian Federation
More economy & growth data for Russian Federation
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.54 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- Services, value added (current US$), annual growth rate 19.52 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5888 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 10,508 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 8.05 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 49.25 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 879,021 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 0.8246 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.3717 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is terms of trade adjustment in Russian Federation?
- Terms of trade adjustment in Russian Federation 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 Russian Federation?
- The highest recorded value was 14.22 trillion constant LCU in 2012.
- What is the lowest terms of trade adjustment recorded in Russian Federation?
- The lowest recorded value was -2.98 trillion constant LCU in 1999.
- How does Russian Federation rank for terms of trade adjustment?
- Russian Federation ranks 5th out of 178 countries with data for 2021.
- Is terms of trade adjustment rising or falling in Russian Federation?
- Over the last ten years it is down 30.8%. The long-run trend across the full record is volatile.
- Where does this Russian Federation 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 — 32 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.