Belize BZ: GDP: Real: Terms of Trade Adjustment

Belize BZ: GDP: Real: Terms of Trade Adjustment data was reported at 27.905 BZD mn in 2023. This records a decrease from the previous number of 65.254 BZD mn for 2022. Belize BZ: GDP: Real: Terms of Trade Adjustment data is updated yearly, averaging 40.722 BZD mn from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 366.932 BZD mn in 2017 and a record low of -457.667 BZD mn in 2009. Belize BZ: 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 Belize – Table BZ.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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What was Belize's Belize BZ: GDP: Real: Terms of Trade Adjustment in 2023?

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