An impedance adjusting circuit includes: a first node coupled to a resistor; a first impedance unit having an impedance value determined based on a first impedance code and coupled between a first voltage terminal and a second node; a first switching unit suitable for electrically connecting the first node and the second node to each other in response to a clock; a first average voltage unit suitable for generating an average voltage of the first node; a first comparison unit suitable for comparing the average voltage of the first node with a first reference voltage to produce a comparison result of the first comparison unit; and a first code generation unit suitable for generating the first impedance code in response to the comparison result of the first comparison unit.