Iceland vs Republic of Korea: Net barter terms of trade index
Iceland
88.4 2015 = 100
in 2024
Republic of Korea
88.3 2015 = 100
in 2024
Iceland rank
173rd
Republic of Korea rank
174th
Net barter terms of trade index over time
- Iceland
- Republic of Korea
How they compare
Iceland currently reports 88.4 2015 = 100 against 88.3 2015 = 100 in Republic of Korea, a difference of 0.1 2015 = 100.
The two have swapped places 9 times across 20 shared years of data; in 2005 it was Republic of Korea ahead.
Iceland ranks 173rd and Republic of Korea ranks 174th of 206 countries.
Across the 3 decades both report, Iceland averaged higher in 2 and Republic of Korea in 1.
Head to head by decade
| Decade | Iceland | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 104.18 2015 = 100 | 113.14 2015 = 100 | 8.96 2015 = 100 | Republic of Korea |
| 2010s | 94.72 2015 = 100 | 93.34 2015 = 100 | 1.38 2015 = 100 | Iceland |
| 2020s | 94.6 2015 = 100 | 89.28 2015 = 100 | 5.32 2015 = 100 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net barter terms of trade index, Iceland or Republic of Korea?
- Iceland, at 88.4 2015 = 100 against 88.3 2015 = 100 in Republic of Korea as of 2024.
- What is the difference in net barter terms of trade index between Iceland and Republic of Korea?
- 0.1 2015 = 100, with Iceland ahead.
- How many years of comparable data are there for Iceland and Republic of Korea?
- 20 years are reported by both, from 2005 to 2024.
- How do Iceland and Republic of Korea rank globally for net barter terms of trade index?
- Iceland ranks 173rd and Republic of Korea ranks 174th of 206 countries.
- Where does this data come from?
- UN Conference on Trade and Development (UNCTAD), published as Net barter terms of trade index (2015 = 100). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2015.