Iceland vs Singapore: Terms of trade adjustment
Terms of trade adjustment over time
- Iceland
- Singapore
How they compare
Iceland currently reports 92.89 billion constant LCU against 91.32 billion constant LCU in Singapore, a difference of 1.57 billion constant LCU.
The two have swapped places 6 times across 56 shared years of data; in 1970 it was Iceland ahead.
Iceland ranks 35th and Singapore ranks 36th of 179 countries.
Across the 6 decades both report, Iceland averaged higher in 4 and Singapore in 2.
Head to head by decade
| Decade | Iceland | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 52.17 billion constant LCU | -634.59 million constant LCU | 52.80 billion constant LCU | Iceland |
| 1980s | 57.42 billion constant LCU | -2.82 billion constant LCU | 60.24 billion constant LCU | Iceland |
| 1990s | 68.29 billion constant LCU | -902.99 million constant LCU | 69.20 billion constant LCU | Iceland |
| 2000s | 53.01 billion constant LCU | 1.79 billion constant LCU | 51.23 billion constant LCU | Iceland |
| 2010s | -11.13 billion constant LCU | 1.22 billion constant LCU | 12.35 billion constant LCU | Singapore |
| 2020s | 47.21 billion constant LCU | 62.29 billion constant LCU | 15.08 billion constant LCU | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher terms of trade adjustment, Iceland or Singapore?
- Iceland, at 92.89 billion constant LCU against 91.32 billion constant LCU in Singapore as of 2025.
- What is the difference in terms of trade adjustment between Iceland and Singapore?
- 1.57 billion constant LCU, with Iceland ahead.
- How many years of comparable data are there for Iceland and Singapore?
- 56 years are reported by both, from 1970 to 2025.
- How do Iceland and Singapore rank globally for terms of trade adjustment?
- Iceland ranks 35th and Singapore ranks 36th 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.