Norway vs United States of America: Terms of trade adjustment
Terms of trade adjustment over time
- Norway
- United States of America
How they compare
Norway currently reports 543.00 billion constant LCU against 192.74 billion constant LCU in United States of America, a difference of 350.25 billion constant LCU.
That makes Norway's figure about 2.8 times United States of America's.
The two have swapped places 9 times across 55 shared years of data; in 1970 it was United States of America ahead.
Norway ranks 23rd and United States of America ranks 26th of 179 countries.
Across the 6 decades both report, Norway averaged higher in 3 and United States of America in 3.
Head to head by decade
| Decade | Norway | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 12.67 billion constant LCU | 37.87 billion constant LCU | 25.20 billion constant LCU | United States of America |
| 1980s | -27.48 billion constant LCU | -20.59 billion constant LCU | 6.89 billion constant LCU | United States of America |
| 1990s | -173.62 billion constant LCU | -39.92 billion constant LCU | 133.69 billion constant LCU | United States of America |
| 2000s | 185.62 billion constant LCU | -87.15 billion constant LCU | 272.77 billion constant LCU | Norway |
| 2010s | 357.23 billion constant LCU | -96.68 billion constant LCU | 453.91 billion constant LCU | Norway |
| 2020s | 672.76 billion constant LCU | 125.76 billion constant LCU | 547.00 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 United States of America?
- Norway, at 543.00 billion constant LCU against 192.74 billion constant LCU in United States of America as of 2025.
- What is the difference in terms of trade adjustment between Norway and United States of America?
- 350.25 billion constant LCU, with Norway ahead.
- How many years of comparable data are there for Norway and United States of America?
- 55 years are reported by both, from 1970 to 2024.
- How do Norway and United States of America rank globally for terms of trade adjustment?
- Norway ranks 23rd and United States of America ranks 26th 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.