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Faroe Islands - Trade Openness 1966

Name: Faroe Islands Trade Openness 1966
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Trade as % of GDP · World Bank

76.24% −11.22% from 1965 Global rank: 60th

Faroe Islands's trade openness was 76.24% in 1966, decreased +11.22% from 87.46% in 1965. This was the 60th highest globally.

Global Ranking - 1966▾

Trade Openness by Country - 1966
Rank	Country	Value	YoY
1st	China	5.93%	0.5%
2nd	Türkiye	9.77%	-1.6%
3rd	India	10.81%	26.9%
4th	Argentina	11.64%	12.2%
5th	Brazil	12.26%	-4.9%
6th	Nepal	14.40%	-33.6%
7th	Mexico	16.48%	-3.9%
8th	Burkina Faso	16.70%	4.2%
9th	Pakistan	19.19%	-20.2%
10th	Ecuador	21.60%	12.1%
11th	Bangladesh	22.94%	-0.4%
12th	Benin	23.04%	3.9%
13th	Greece	24.29%	1.5%
14th	Colombia	24.33%	11.4%
15th	Korea	26.47%	24.2%
16th	Chile	27.38%	6.9%
17th	France	27.91%	2.4%
18th	Australia	27.97%	-1.5%
19th	Sudan	28.26%	-3.5%
20th	Niger	28.54%	21.4%
21st	Uruguay	28.62%	-4.2%
22nd	Senegal	28.68%	6.4%
23rd	Paraguay	29.39%	-4.3%
24th	Rwanda	31.28%	7.7%
25th	Chad	31.88%	1.8%
26th	Iran, Islamic Republic of	33.91%	3.9%
27th	Ghana	34.26%	-21.9%
28th	Tunisia	34.53%	3.2%
29th	Peru	34.73%	0.2%
30th	Indonesia	34.85%	216.5%
31st	Thailand	35.56%	1.8%
32nd	Egypt, Arab Republic of	36.82%	-1.2%
33rd	Somalia, Fed. Rep.	37.53%	-0.7%
34th	Guatemala	38.07%	4.6%
35th	Canada	38.31%	3.8%
36th	Morocco	38.33%	9.4%
37th	Sweden	39.46%	-2.3%
38th	Madagascar	40.49%	21.9%
39th	Syrian Arab Republic	40.65%	19.3%
40th	Dominican Republic	41.68%	14.0%
41st	South Africa	42.09%	-7.5%
42nd	Cameroon	44.57%	-7.2%
43rd	Bolivia, Plurinational State of	47.74%	-0.9%
44th	Sri Lanka	48.22%	-6.2%
45th	Mauritania	48.63%	0.5%
46th	Togo	49.91%	3.9%
47th	Algeria	50.64%	4.5%
48th	Uganda	50.89%	1.9%
49th	El Salvador	54.44%	-1.4%
50th	Costa Rica	55.55%	-0.4%
51st	Papua New Guinea	56.92%	1.6%
52nd	Denmark	57.66%	-
53rd	Sierra Leone	59.40%	-1.3%
54th	Nicaragua	61.24%	-0.8%
55th	Kenya	63.28%	1.9%
56th	Côte d'Ivoire	65.10%	-2.8%
57th	Lesotho	67.41%	-2.1%
58th	Central African Republic	70.88%	9.4%
59th	Honduras	71.78%	9.9%
60th	Faroe Islands	76.24%	-12.8%
61st	Gabon	79.30%	-1.5%
62nd	Gambia, The	79.75%	-
63rd	Botswana	80.22%	-2.6%
64th	Congo, Republic of	81.00%	-9.1%
65th	Malaysia	81.08%	-5.0%
66th	Kuwait	90.05%	-0.8%
67th	Guyana	115.15%	2.0%
68th	Panama	116.11%	3.1%
69th	Hong Kong SAR, China	155.35%	10.1%
70th	Singapore	253.78%	-1.5%

FAQ

What was Faroe Islands's trade openness in 1966?▾

Faroe Islands's trade openness in 1966 was 76.24%. This ranked 60th globally.

How did Faroe Islands's trade openness change in 1966?▾

Faroe Islands's trade openness decreased by 12.8% in 1966 compared to 1965.

Which country had the highest trade openness in 1966?▾

Singapore had the highest trade openness in 1966 at 253.78%.

What is the trade openness of Faroe Islands in 1966?▾

The trade openness of Faroe Islands in 1966 was 76.24%. This ranked 60th globally.

How does 1966 compare to 1965 for Faroe Islands's trade openness?▾

Faroe Islands's trade openness went from 87.46% in 1965 to 76.24% in 1966, a 12.8% decrease.

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