Iraq vs Japan: Terms of trade adjustment

Iraq
-25.43 trillion constant LCU
in 2024
Japan
-9.53 trillion constant LCU
in 2024
Iraq rank
176th
Japan rank
175th

Terms of trade adjustment over time

  • Iraq
  • Japan
-60.0T-40.0T-20.0T020.0T197019972024

How they compare

Japan currently reports -9.53 trillion constant LCU against -25.43 trillion constant LCU in Iraq, a difference of 15.89 trillion constant LCU.

The two have swapped places 6 times across 18 shared years of data; in 2007 it was Japan ahead.

Iraq ranks 176th and Japan ranks 175th of 179 countries.

Japan has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iraq Japan Difference Ahead
2000s -593.73 billion constant LCU 655.46 billion constant LCU 1.25 trillion constant LCU Japan
2010s -21.49 trillion constant LCU -4.29 trillion constant LCU 17.20 trillion constant LCU Japan
2020s -16.79 trillion constant LCU -8.97 trillion constant LCU 7.82 trillion constant LCU Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher terms of trade adjustment, Iraq or Japan?
Japan, at -9.53 trillion constant LCU against -25.43 trillion constant LCU in Iraq as of 2024.
What is the difference in terms of trade adjustment between Iraq and Japan?
15.89 trillion constant LCU, with Japan ahead.
How many years of comparable data are there for Iraq and Japan?
18 years are reported by both, from 2007 to 2024.
How do Iraq and Japan rank globally for terms of trade adjustment?
Iraq ranks 176th and Japan ranks 175th 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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Iraq vs Japan: Terms of trade adjustment. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 04 September 2026, from https://economy.statizoid.com/compare/terms-of-trade-adjustment-constant-lcu/iraq/japan/

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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.