Norway vs Serbia: Terms of trade adjustment
Terms of trade adjustment over time
- Norway
- Serbia
How they compare
Norway currently reports 543.00 billion constant LCU against 283.01 billion constant LCU in Serbia, a difference of 259.99 billion constant LCU.
That makes Norway's figure about 1.9 times Serbia's.
The two have swapped places 1 time across 31 shared years of data; in 1995 it was Serbia ahead.
Norway ranks 23rd and Serbia ranks 25th of 179 countries.
Across the 4 decades both report, Norway averaged higher in 3 and Serbia in 1.
Head to head by decade
| Decade | Norway | Serbia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -198.30 billion constant LCU | -14.23 billion constant LCU | 184.07 billion constant LCU | Serbia |
| 2000s | 185.62 billion constant LCU | -110.50 billion constant LCU | 296.12 billion constant LCU | Norway |
| 2010s | 357.23 billion constant LCU | -75.53 billion constant LCU | 432.76 billion constant LCU | Norway |
| 2020s | 651.13 billion constant LCU | 57.32 billion constant LCU | 593.82 billion constant LCU | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher terms of trade adjustment, Norway or Serbia?
- Norway, at 543.00 billion constant LCU against 283.01 billion constant LCU in Serbia as of 2025.
- What is the difference in terms of trade adjustment between Norway and Serbia?
- 259.99 billion constant LCU, with Norway ahead.
- How many years of comparable data are there for Norway and Serbia?
- 31 years are reported by both, from 1995 to 2025.
- How do Norway and Serbia rank globally for terms of trade adjustment?
- Norway ranks 23rd and Serbia ranks 25th 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.