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Albania - Trade Openness 1992

Trade as % of GDP · World Bank
108.79% +72.71% from 1991 Global rank: 123rd

Albania's trade openness was 108.79% in 1992, increased +72.71% from 36.07% in 1991. This was the 123rd highest globally.

Global Ranking - 1992▾
Trade Openness by Country - 1992
RankCountryValueYoY
1st Iraq 1.92% -49.3%
2nd Argentina 14.73% 7.1%
3rd Japan 17.02% -4.2%
4th India 18.43% 8.5%
5th Brazil 19.25% 16.0%
6th Sudan 19.67% 30.5%
7th Bangladesh 19.93% 5.5%
8th United States 19.95% 0.8%
9th Rwanda 23.83% -6.1%
10th French Polynesia 25.43% -9.5%
11th Peru 27.98% 4.9%
12th Burkina Faso 28.37% -16.0%
13th Niger 28.71% -5.4%
14th China 30.03% 16.1%
15th Türkiye 31.74% 4.1%
16th Haiti 32.54% -18.3%
17th Australia 33.00% 2.7%
18th Uganda 33.05% 12.4%
19th Madagascar 33.16% -7.3%
20th Colombia 33.61% 0.2%
21st South Africa 34.32% -1.6%
22nd Italy 34.83% 3.1%
23rd Guinea 34.94% -16.4%
24th Cuba 35.15% -31.1%
25th Mexico 35.55% -0.7%
26th Tanzania 35.67% 18.0%
27th Comoros 35.76% 0.0%
28th Chad 35.90% -1.2%
29th Spain 36.02% 1.4%
30th Pakistan 37.69% 6.4%
31st Greece 37.79% 0.7%
32nd Mali 37.97% 5.0%
33rd Cameroon 38.86% 12.2%
34th Uruguay 40.07% 3.9%
35th Iran, Islamic Republic of 40.40% -8.6%
36th Senegal 41.46% -1.7%
37th Nepal 41.70% 20.2%
38th Mauritania 42.33% -24.2%
39th Central African Republic 43.23% -1.1%
40th France 43.96% -2.2%
41st Lao PDR 44.13% 15.6%
42nd Germany 44.68% -6.2%
43rd Ecuador 44.81% -0.9%
44th Philippines 44.99% 1.7%
45th Guatemala 45.36% 14.8%
46th New Caledonia 45.39% -8.3%
47th Ukraine 45.97% -8.3%
48th Ghana 45.99% 8.2%
49th Yemen, Republic of 46.15% -3.7%
50th United Kingdom 46.31% 2.2%
51st Korea 47.21% -2.2%
52nd El Salvador 48.68% 1.9%
53rd Bolivia, Plurinational State of 49.11% 1.4%
54th Algeria 49.19% -6.7%
55th Togo 49.66% -16.5%
56th Finland 50.24% 15.5%
57th Morocco 50.26% 1.0%
58th Sweden 50.85% -0.6%
59th Seychelles 52.40% -6.5%
60th Canada 52.74% 7.1%
61st Kenya 52.93% -4.8%
62nd European Union 53.40% -0.8%
63rd Israel 54.91% -1.5%
64th Guinea-Bissau 55.01% 15.2%
65th Hungary 55.29% -5.0%
66th Chile 55.54% -3.4%
67th Libya 56.06% -13.2%
68th Portugal 56.31% -6.7%
69th Eritrea 56.38% -
70th Benin 56.74% 10.5%
71st Congo, Republic of 57.14% -18.0%
72nd Indonesia 57.43% 4.7%
73rd Iceland 57.86% -5.0%
74th New Zealand 59.23% 8.4%
75th Egypt, Arab Republic of 59.31% -5.6%
76th Mozambique 59.34% 19.9%
77th Côte d'Ivoire 60.03% 5.3%
78th Zimbabwe 63.71% 24.8%
79th Syrian Arab Republic 63.89% 13.1%
80th Romania 63.99% 63.5%
81st Sierra Leone 64.49% 7.1%
82nd Oman 64.73% 3.2%
83rd Mongolia 65.30% -52.2%
84th Norway 66.71% -4.1%
85th Denmark 66.98% -3.2%
86th Gambia, The 67.44% 5.2%
87th Austria 67.90% -3.5%
88th Brunei Darussalam 69.94% 11.1%
89th Nicaragua 70.52% -5.1%
90th Tonga 72.63% -13.0%
91st Sri Lanka 72.80% 7.7%
92nd Viet Nam 73.58% 9.9%
93rd Saudi Arabia 75.09% 0.5%
94th Costa Rica 76.10% 6.5%
95th Thailand 77.95% -0.7%
96th Czechia 77.96% 10.2%
97th Switzerland 78.88% 0.8%
98th Gabon 79.87% -0.8%
99th Belize 80.35% 1.5%
100th Dominican Republic 80.46% -3.2%
101st Lebanon 82.84% -10.4%
102nd Kyrgyz Republic 83.19% 15.5%
103rd Cabo Verde 83.94% 3.7%
104th Honduras 84.76% -5.4%
105th Faroe Islands 84.86% 3.9%
106th Tunisia 86.00% 0.4%
107th Paraguay 89.50% 0.4%
108th Botswana 89.75% -9.9%
109th Bhutan 91.76% 20.8%
110th Namibia 91.97% -2.0%
111th Papua New Guinea 93.55% -0.9%
112th Vanuatu 94.64% 0.4%
113th Kuwait 94.69% -33.6%
114th Slovenia 98.39% -24.4%
115th Bulgaria 100.05% 21.0%
116th Armenia 101.08% 0.2%
117th Bahamas, The 101.46% -4.4%
118th Georgia 101.94% 72.3%
119th Netherlands 102.08% -3.0%
120th North Macedonia 102.38% 120.8%
121st Puerto Rico (US) 105.22% -8.7%
122nd Turkmenistan 105.31% 59.3%
123rd Albania 108.79% 201.6%
124th Ireland 109.55% 2.9%
125th Cyprus 110.10% 5.7%
126th Russian Federation 110.58% 321.1%
127th Kiribati 111.77% -16.7%
128th Belgium 115.07% -3.0%
129th Belarus 117.39% 76.1%
130th Mauritius 120.23% -5.1%
131st Slovak Republic 131.44% 51.5%
132nd Jordan 131.64% -4.1%
133rd Azerbaijan 140.80% 62.1%
134th Panama 144.88% 3.3%
135th Macao SAR, China 147.12% -12.7%
136th Kazakhstan 149.34% -
137th Solomon Islands 149.79% -10.9%
138th Malaysia 150.61% -5.5%
139th Bahrain 159.29% 0.3%
140th Malta 170.47% 3.2%
141st Luxembourg 182.55% -3.2%
142nd Hong Kong SAR, China 240.13% 3.6%
143rd Guyana 274.97% 23.5%
144th Singapore 311.31% -3.9%
Source: World Bank (NE.TRD.GNFS.ZS)

FAQ

What was Albania's trade openness in 1992?▾

Albania's trade openness in 1992 was 108.79%. This ranked 123rd globally.

How did Albania's trade openness change in 1992?▾

Albania's trade openness increased by 201.6% in 1992 compared to 1991.

Which country had the highest trade openness in 1992?▾

Singapore had the highest trade openness in 1992 at 311.31%.

What is the trade openness of Albania in 1992?▾

The trade openness of Albania in 1992 was 108.79%. This ranked 123rd globally.

How does 1992 compare to 1991 for Albania's trade openness?▾

Albania's trade openness went from 36.07% in 1991 to 108.79% in 1992, a 201.6% increase.

HistorySaid - pattern alert

Albania matched the Fiscal Dominance Trap pattern in 1992. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 22.6%. View full analysis →

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1991 1993 All years Full ranking 1992 Exports Imports Trade Balance Current Account Balance FDI Inflows Peak: 1992 Lowest: 1986 Trade Openness 1990s Trade Openness 2000s Trade Openness 2010s Trade Openness 2020s Highest ever Lowest ever Average vs St. Vincent and the Grenadines vs Turkmenistan vs Brazil vs North Macedonia NATO Trade Openness Organisation of Islamic Cooperation Trade Openness Global Ranking