Korea vs Latvia: NAAG Chapter 3: Expenditure — Terms of trade

Korea
93.72 Index
in 2024
Latvia
100.35 Index
in 2025
Korea rank
2nd
Latvia rank
4th

NAAG Chapter 3: Expenditure — Terms of trade over time

  • Korea
  • Latvia
050100150197019972025

How they compare

Latvia currently reports 100.35 Index against 93.72 Index in Korea, a difference of 6.63 Index.

That makes Latvia's figure about 1.1 times Korea's.

The two have swapped places 3 times across 30 shared years of data; in 1995 it was Korea ahead.

Korea ranks 2nd and Latvia ranks 4th of 2 groups.

Across the 4 decades both report, Korea averaged higher in 3 and Latvia in 1.

Head to head by decade

Decade Korea Latvia Difference Ahead
1990s 137.74 Index 89.28 Index 48.47 Index Korea
2000s 105.71 Index 88.2 Index 17.51 Index Korea
2010s 99.14 Index 92.44 Index 6.7 Index Korea
2020s 93.91 Index 98.42 Index 4.51 Index Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher naag chapter 3: expenditure — terms of trade, Korea or Latvia?
Latvia, at 100.35 Index against 93.72 Index in Korea as of 2025.
What is the difference in naag chapter 3: expenditure — terms of trade between Korea and Latvia?
6.63 Index, with Latvia ahead.
How many years of comparable data are there for Korea and Latvia?
30 years are reported by both, from 1995 to 2024.
How do Korea and Latvia rank globally for naag chapter 3: expenditure — terms of trade?
Korea ranks 2nd and Latvia ranks 4th of 2 groups.
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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Korea vs Latvia: NAAG Chapter 3: Expenditure — Terms of trade. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 07 September 2026, from https://economy.statizoid.com/compare/naag-chapter-3-expenditure-terms-of-trade/korea/latvia-2/

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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.