Greece vs Spain: Terms of trade adjustment
Terms of trade adjustment over time
- Greece
- Spain
How they compare
Spain currently reports 8.00 billion constant LCU against 5.69 billion constant LCU in Greece, a difference of 2.30 billion constant LCU.
That makes Spain's figure about 1.4 times Greece's.
The two have swapped places 7 times across 56 shared years of data; in 1970 it was Greece ahead.
Globally, Greece ranks 61st and Spain ranks 58th of 178 countries.
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.