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Australia Trade Openness 1970s

Trade as % of GDP · World Bank
26.98% decade average (1970-1979)

Australia's trade openness during the 1970s ranged from 24.72% (1972) to 29.58% (1979), averaging 26.98% over 10 years of data.

1970s Data
YearValueChangeRank
1970 26.11% +0.91% 16th
1971 25.52% −0.60% 16th
1972 24.72% −0.80% 15th
1973 25.10% +0.37% 13th
1974 26.29% +1.19% 10th
1975 28.93% +2.64% 13th
1976 26.82% −2.10% 12th
1977 28.59% +1.77% 15th
1978 28.14% −0.45% 15th
1979 29.58% +1.44% 15th