Iran, Islamic Republic of vs Republic of Korea: Terms of trade adjustment
Terms of trade adjustment over time
- Iran, Islamic Republic of
- Republic of Korea
How they compare
Republic of Korea currently reports -41.60 trillion constant LCU against -9,327.90 trillion constant LCU in Iran, Islamic Republic of, a difference of 9,286.30 trillion constant LCU.
The two have swapped places 4 times across 66 shared years of data; in 1960 it was Republic of Korea ahead.
Iran, Islamic Republic of ranks 179th and Republic of Korea ranks 177th of 179 countries.
Across the 7 decades both report, Iran, Islamic Republic of averaged higher in 5 and Republic of Korea in 2.
Head to head by decade
| Decade | Iran, Islamic Republic of | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | -1,892.49 trillion constant LCU | 444.72 billion constant LCU | 1,892.93 trillion constant LCU | Republic of Korea |
| 1970s | 24,128.85 trillion constant LCU | 3.60 trillion constant LCU | 24,125.26 trillion constant LCU | Iran, Islamic Republic of |
| 1980s | 9,312.11 trillion constant LCU | 12.68 trillion constant LCU | 9,299.42 trillion constant LCU | Iran, Islamic Republic of |
| 1990s | 11,940.98 trillion constant LCU | 41.86 trillion constant LCU | 11,899.13 trillion constant LCU | Iran, Islamic Republic of |
| 2000s | 27,316.96 trillion constant LCU | 11.53 trillion constant LCU | 27,305.43 trillion constant LCU | Iran, Islamic Republic of |
| 2010s | 15,936.75 trillion constant LCU | -3.92 trillion constant LCU | 15,940.67 trillion constant LCU | Iran, Islamic Republic of |
| 2020s | -4,191.50 trillion constant LCU | -49.80 trillion constant LCU | 4,141.71 trillion constant LCU | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher terms of trade adjustment, Iran, Islamic Republic of or Republic of Korea?
- Republic of Korea, at -41.60 trillion constant LCU against -9,327.90 trillion constant LCU in Iran, Islamic Republic of as of 2025.
- What is the difference in terms of trade adjustment between Iran, Islamic Republic of and Republic of Korea?
- 9,286.30 trillion constant LCU, with Republic of Korea ahead.
- How many years of comparable data are there for Iran, Islamic Republic of and Republic of Korea?
- 66 years are reported by both, from 1960 to 2025.
- How do Iran, Islamic Republic of and Republic of Korea rank globally for terms of trade adjustment?
- Iran, Islamic Republic of ranks 179th and Republic of Korea ranks 177th 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.