Greenland vs Switzerland: Terms of trade adjustment
Terms of trade adjustment over time
- Greenland
- Switzerland
How they compare
Greenland currently reports 2.56 billion constant LCU against 2.32 billion constant LCU in Switzerland, a difference of 242.26 million constant LCU.
That makes Greenland's figure about 1.1 times Switzerland's.
The two have swapped places 2 times across 21 shared years of data; in 2003 it was Switzerland ahead.
Greenland ranks 67th and Switzerland ranks 70th of 179 countries.
Switzerland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Greenland | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 246.91 million constant LCU | 23.04 billion constant LCU | 22.79 billion constant LCU | Switzerland |
| 2010s | 1.10 billion constant LCU | 27.54 billion constant LCU | 26.44 billion constant LCU | Switzerland |
| 2020s | 2.22 billion constant LCU | 7.12 billion constant LCU | 4.90 billion constant LCU | Switzerland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher terms of trade adjustment, Greenland or Switzerland?
- Greenland, at 2.56 billion constant LCU against 2.32 billion constant LCU in Switzerland as of 2023.
- What is the difference in terms of trade adjustment between Greenland and Switzerland?
- 242.26 million constant LCU, with Greenland ahead.
- How many years of comparable data are there for Greenland and Switzerland?
- 21 years are reported by both, from 2003 to 2023.
- How do Greenland and Switzerland rank globally for terms of trade adjustment?
- Greenland ranks 67th and Switzerland ranks 70th 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.
Individual pages
About this data
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.