Ethiopia vs Iceland: Terms of trade adjustment

Ethiopia
90.24 billion constant LCU
in 2025
Iceland
92.89 billion constant LCU
in 2025
Ethiopia rank
38th
Iceland rank
35th

Terms of trade adjustment over time

  • Ethiopia
  • Iceland
-100.0B-50.0B050.0B100.0B197019972025

How they compare

Iceland currently reports 92.89 billion constant LCU against 90.24 billion constant LCU in Ethiopia, a difference of 2.65 billion constant LCU.

The two have swapped places 5 times across 15 shared years of data; in 2011 it was Ethiopia ahead.

Ethiopia ranks 38th and Iceland ranks 35th of 179 countries.

Iceland has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Ethiopia Iceland Difference Ahead
2010s -12.02 billion constant LCU -9.51 billion constant LCU 2.50 billion constant LCU Iceland
2020s 41.77 billion constant LCU 47.21 billion constant LCU 5.43 billion constant LCU Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher terms of trade adjustment, Ethiopia or Iceland?
Iceland, at 92.89 billion constant LCU against 90.24 billion constant LCU in Ethiopia as of 2025.
What is the difference in terms of trade adjustment between Ethiopia and Iceland?
2.65 billion constant LCU, with Iceland ahead.
How many years of comparable data are there for Ethiopia and Iceland?
15 years are reported by both, from 2011 to 2025.
How do Ethiopia and Iceland rank globally for terms of trade adjustment?
Ethiopia ranks 38th and Iceland ranks 35th of 179 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Terms of trade adjustment (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ethiopia vs Iceland: Terms of trade adjustment. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 03 September 2026, from https://economy.statizoid.com/compare/terms-of-trade-adjustment-constant-lcu/ethiopia/iceland/

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About this data

Indicator
Terms of trade adjustment (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
179 places, 7,601 data points, 1960–2025
Last refreshed

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.