Terms of trade adjustment in San Marino

San Marino: Terms of trade adjustment was 24.57 constant LCU in 2023. ◆ Volatile

Latest (2023)
24.57 constant LCU
Change on year
up 144.6%
World rank
99th
of 178 countries
All-time high
92.15 constant LCU
in 2016
All-time low
-55.11 constant LCU
in 2022
Years of data
9
2015–2023

Terms of trade adjustment in San Marino, 2015–2023

-500501002015201920232015: 8 constant LCU2016: 92.2 constant LCU2017: -25.9 constant LCU2018: 59.7 constant LCU2019: 38.2 constant LCU2020: 31.7 constant LCU2021: -51 constant LCU2022: -55.1 constant LCU2023: 24.6 constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

In 2023, terms of trade adjustment in San Marino stood at 24.57 constant LCU.

The figure is up 144.6% on the previous year and up 206.4% over ten years.

Over the whole period, terms of trade adjustment in San Marino peaked at 92.15 constant LCU in 2016 and was at its lowest, -55.11 constant LCU, in 2022.

That places San Marino 99th out of 178 countries with data for 2023, putting it in the middle of the range.

Terms of trade adjustment in San Marino, year by year

Annual values for Terms of trade adjustment (constant LCU) in San Marino, 2015 to 2023.
Year constant LCU Change
2015 8.02 constant LCU
2016 92.15 constant LCU +1049.5%
2017 -25.86 constant LCU -128.1%
2018 59.69 constant LCU -330.8%
2019 38.16 constant LCU -36.1%
2020 31.73 constant LCU -16.9%
2021 -51.04 constant LCU -260.9%
2022 -55.11 constant LCU +8.0%
2023 24.57 constant LCU -144.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 34.43 constant LCU -25.86 constant LCU 92.15 constant LCU 5
2020s -12.46 constant LCU -55.11 constant LCU 31.73 constant LCU 4

Countries ranked near San Marino

  1. 96 Marshall Islands 1.56 million constant LCU compare
  2. 97 Guam 1.01 million constant LCU compare
  3. 98 Bangladesh 39,501 constant LCU compare
  4. 100 Eritrea 0 constant LCU
  5. 100 Vanuatu 0 constant LCU compare
  6. 100 Zambia 0 constant LCU

See the full ranking of 178 places →

More economy & growth data for San Marino

All data for San Marino →

Frequently asked questions

What is terms of trade adjustment in San Marino?
Terms of trade adjustment in San Marino was 24.57 constant LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest terms of trade adjustment recorded in San Marino?
The highest recorded value was 92.15 constant LCU in 2016.
What is the lowest terms of trade adjustment recorded in San Marino?
The lowest recorded value was -55.11 constant LCU in 2022.
How does San Marino rank for terms of trade adjustment?
San Marino ranks 99th out of 178 countries with data for 2023.
Is terms of trade adjustment rising or falling in San Marino?
Over the last ten years it is up 206.4%. The long-run trend across the full record is volatile.
Where does this San Marino 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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Terms of trade adjustment in San Marino. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 01 September 2026, from https://economy.statizoid.com/stat/terms-of-trade-adjustment-constant-lcu/san-marino/

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About this data

Indicator
Terms of trade adjustment (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
178 places, 7,583 data points, 1960–2025
Last refreshed

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.