Namibia vs Uruguay: Terms of trade adjustment
Terms of trade adjustment over time
- Namibia
- Uruguay
How they compare
Namibia currently reports 23.11 billion constant LCU against 11.59 billion constant LCU in Uruguay, a difference of 11.51 billion constant LCU.
That makes Namibia's figure about 2.0 times Uruguay's.
The two have swapped places 12 times across 46 shared years of data; in 1980 it was Namibia ahead.
Globally, Namibia ranks 54th and Uruguay ranks 56th of 178 countries.
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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.