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Australia - Trade Openness 1964

Name: Australia Trade Openness 1964
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Trade as % of GDP · World Bank

28.61% +1.86% from 1963 Global rank: 23rd

Australia's trade openness was 28.61% in 1964, increased +1.86% from 26.75% in 1963. This was the 23rd highest globally.

Global Ranking - 1964▾

Trade Openness by Country - 1964
Rank	Country	Value	YoY
1st	China	5.72%	1.0%
2nd	India	9.41%	-7.6%
3rd	Türkiye	9.94%	-10.9%
4th	Argentina	11.13%	-29.5%
5th	Brazil	12.21%	-32.0%
6th	Burkina Faso	14.32%	-32.6%
7th	Korea	17.26%	-6.8%
8th	Benin	17.38%	12.5%
9th	Mexico	17.49%	-4.3%
10th	Ecuador	19.04%	-0.8%
11th	Pakistan	23.13%	-3.6%
12th	Uruguay	23.28%	-3.1%
13th	Niger	23.37%	19.0%
14th	Greece	23.65%	-0.1%
15th	Bangladesh	24.15%	11.6%
16th	Colombia	24.61%	1.1%
17th	Rwanda	24.62%	32.4%
18th	Chile	25.05%	-5.6%
19th	Indonesia	25.32%	37.5%
20th	Paraguay	26.59%	8.4%
21st	France	27.30%	3.4%
22nd	Senegal	28.01%	0.3%
23rd	Australia	28.61%	6.9%
24th	Iran, Islamic Republic of	32.73%	17.8%
25th	Madagascar	33.23%	1.6%
26th	Sudan	33.47%	-3.7%
27th	Guatemala	33.48%	10.8%
28th	Chad	35.06%	9.0%
29th	Syrian Arab Republic	35.92%	-11.5%
30th	Thailand	36.13%	7.8%
31st	Canada	37.00%	4.7%
32nd	Peru	37.31%	-6.8%
33rd	Morocco	38.63%	1.6%
34th	Sweden	40.23%	1.7%
35th	Egypt, Arab Republic of	43.27%	4.7%
36th	Ghana	43.77%	-10.0%
37th	Bolivia, Plurinational State of	43.77%	1.0%
38th	South Africa	45.95%	2.2%
39th	Somalia, Fed. Rep.	46.42%	10.9%
40th	Dominican Republic	47.73%	2.2%
41st	Mauritania	50.14%	24.2%
42nd	Sri Lanka	51.34%	-3.6%
43rd	Papua New Guinea	52.60%	8.7%
44th	Costa Rica	52.99%	7.7%
45th	Uganda	52.99%	1.6%
46th	Togo	53.91%	23.9%
47th	Algeria	54.52%	-11.4%
48th	Honduras	56.32%	4.9%
49th	Sierra Leone	58.59%	-
50th	Nicaragua	59.37%	0.5%
51st	Côte d'Ivoire	60.61%	5.5%
52nd	Kenya	62.60%	2.6%
53rd	Lesotho	64.96%	-1.2%
54th	Central African Republic	69.25%	8.7%
55th	Botswana	77.39%	1.4%
56th	Gabon	77.84%	-15.8%
57th	Faroe Islands	82.27%	-4.4%
58th	Malaysia	86.43%	-3.7%
59th	Congo, Republic of	94.60%	0.3%
60th	Panama	109.42%	-3.0%
61st	Guyana	110.63%	1.4%
62nd	Hong Kong SAR, China	153.51%	0.2%
63rd	Singapore	255.03%	-14.1%

FAQ

What was Australia's trade openness in 1964?▾

Australia's trade openness in 1964 was 28.61%. This ranked 23rd globally.

How did Australia's trade openness change in 1964?▾

Australia's trade openness increased by 6.9% in 1964 compared to 1963.

Which country had the highest trade openness in 1964?▾

Singapore had the highest trade openness in 1964 at 255.03%.

What is the trade openness of Australia in 1964?▾

The trade openness of Australia in 1964 was 28.61%. This ranked 23rd globally.

How does 1964 compare to 1963 for Australia's trade openness?▾

Australia's trade openness went from 26.75% in 1963 to 28.61% in 1964, a 6.9% increase.

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