Iceland vs Spain: NAAG Chapter 3: Expenditure — Terms of trade

Iceland
106.27 Index
in 2025
Spain
101.64 Index
in 2025
Iceland rank
8th
Spain rank
11th

NAAG Chapter 3: Expenditure — Terms of trade over time

  • Iceland
  • Spain
050100150197019972025

How they compare

Iceland currently reports 106.27 Index against 101.64 Index in Spain, a difference of 4.63 Index.

The two have swapped places 4 times across 56 shared years of data; in 1970 it was Iceland ahead.

Iceland ranks 8th and Spain ranks 11th of 33 countries.

Across the 6 decades both report, Iceland averaged higher in 5 and Spain in 1.

Head to head by decade

Decade Iceland Spain Difference Ahead
1970s 121.02 Index 77.23 Index 43.79 Index Iceland
1980s 114.15 Index 70.09 Index 44.06 Index Iceland
1990s 114.1 Index 94.54 Index 19.56 Index Iceland
2000s 108.11 Index 100.16 Index 7.96 Index Iceland
2010s 98.54 Index 98.84 Index 0.3023 Index Spain
2020s 103.37 Index 98.8 Index 4.57 Index Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher naag chapter 3: expenditure — terms of trade, Iceland or Spain?
Iceland, at 106.27 Index against 101.64 Index in Spain as of 2025.
What is the difference in naag chapter 3: expenditure — terms of trade between Iceland and Spain?
4.63 Index, with Iceland ahead.
How many years of comparable data are there for Iceland and Spain?
56 years are reported by both, from 1970 to 2025.
How do Iceland and Spain rank globally for naag chapter 3: expenditure — terms of trade?
Iceland ranks 8th and Spain ranks 11th of 33 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as NAAG Chapter 3: Expenditure — Terms of trade. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Spain: NAAG Chapter 3: Expenditure — Terms of trade. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 06 September 2026, from https://economy.statizoid.com/compare/naag-chapter-3-expenditure-terms-of-trade/iceland/spain/

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About this data

Indicator
NAAG Chapter 3: Expenditure — Terms of trade
Unit
Index
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
44 places, 2,137 data points, 1970–2025
Last refreshed

The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.