Benin BJ: GDP: Real: Terms of Trade Adjustment

Benin BJ: GDP: Real: Terms of Trade Adjustment data was reported at -88,372.595 XOF mn in 2024. This records an increase from the previous number of -113,438.436 XOF mn for 2023. Benin BJ: GDP: Real: Terms of Trade Adjustment data is updated yearly, averaging -43,451.612 XOF mn from Dec 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 97,933.626 XOF mn in 2019 and a record low of -166,396.166 XOF mn in 2008. Benin BJ: GDP: Real: Terms of Trade Adjustment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Benin – Table BJ.World Bank.WDI: Gross Domestic Product: Real. 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.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;

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