Japan vs Republic of Korea: Terms of trade adjustment
Terms of trade adjustment over time
- Japan
- Republic of Korea
How they compare
Japan currently reports -9.53 trillion constant LCU against -41.60 trillion constant LCU in Republic of Korea, a difference of 32.07 trillion constant LCU.
The two have swapped places 6 times across 55 shared years of data; in 1970 it was Japan ahead.
Japan ranks 175th and Republic of Korea ranks 177th of 179 countries.
Across the 6 decades both report, Japan averaged higher in 2 and Republic of Korea in 4.
Head to head by decade
| Decade | Japan | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 8.16 trillion constant LCU | 3.60 trillion constant LCU | 4.57 trillion constant LCU | Japan |
| 1980s | 7.20 trillion constant LCU | 12.68 trillion constant LCU | 5.48 trillion constant LCU | Republic of Korea |
| 1990s | 16.15 trillion constant LCU | 41.86 trillion constant LCU | 25.71 trillion constant LCU | Republic of Korea |
| 2000s | 9.60 trillion constant LCU | 11.53 trillion constant LCU | 1.94 trillion constant LCU | Republic of Korea |
| 2010s | -4.29 trillion constant LCU | -3.92 trillion constant LCU | 369.14 billion constant LCU | Republic of Korea |
| 2020s | -8.97 trillion constant LCU | -51.44 trillion constant LCU | 42.46 trillion constant LCU | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher terms of trade adjustment, Japan or Republic of Korea?
- Japan, at -9.53 trillion constant LCU against -41.60 trillion constant LCU in Republic of Korea as of 2024.
- What is the difference in terms of trade adjustment between Japan and Republic of Korea?
- 32.07 trillion constant LCU, with Japan ahead.
- How many years of comparable data are there for Japan and Republic of Korea?
- 55 years are reported by both, from 1970 to 2024.
- How do Japan and Republic of Korea rank globally for terms of trade adjustment?
- Japan ranks 175th 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.