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

Latvia
100.35 Index
in 2025
Norway
139.67 Index
in 2025
Latvia rank
4th
Norway rank
1st

NAAG Chapter 3: Expenditure — Terms of trade over time

  • Latvia
  • Norway
50100150200197019972025

How they compare

Norway currently reports 139.67 Index against 100.35 Index in Latvia, a difference of 39.32 Index.

That makes Norway's figure about 1.4 times Latvia's.

The two have swapped places 1 time across 31 shared years of data; in 1995 it was Latvia ahead.

Latvia ranks 4th and Norway ranks 1st of 9 countries.

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

Head to head by decade

Decade Latvia Norway Difference Ahead
1990s 89.28 Index 77.88 Index 11.4 Index Latvia
2000s 88.2 Index 117.42 Index 29.22 Index Norway
2010s 92.44 Index 133.06 Index 40.62 Index Norway
2020s 98.74 Index 151.2 Index 52.46 Index Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher naag chapter 3: expenditure — terms of trade, Latvia or Norway?
Norway, at 139.67 Index against 100.35 Index in Latvia as of 2025.
What is the difference in naag chapter 3: expenditure — terms of trade between Latvia and Norway?
39.32 Index, with Norway ahead.
How many years of comparable data are there for Latvia and Norway?
31 years are reported by both, from 1995 to 2025.
How do Latvia and Norway rank globally for naag chapter 3: expenditure — terms of trade?
Latvia ranks 4th and Norway ranks 1st of 9 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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Latvia vs Norway: 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/latvia-2/norway/

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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.