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Faroe Islands - Trade Openness 1967

Name: Faroe Islands Trade Openness 1967
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Trade as % of GDP · World Bank

78.97% +2.73% from 1966 Global rank: 63rd

Faroe Islands's trade openness was 78.97% in 1967, increased +2.73% from 76.24% in 1966. This was the 63rd highest globally.

Global Ranking - 1967▾

Trade Openness by Country - 1967
Rank	Country	Value	YoY
1st	China	5.58%	-5.8%
2nd	Türkiye	9.09%	-7.0%
3rd	India	9.98%	-7.7%
4th	Brazil	11.35%	-7.4%
5th	Argentina	12.49%	7.3%
6th	Nepal	13.83%	-4.0%
7th	Mexico	15.88%	-3.7%
8th	Burkina Faso	18.86%	12.9%
9th	Pakistan	20.49%	6.8%
10th	Colombia	21.55%	-11.4%
11th	Bangladesh	21.90%	-4.5%
12th	Ecuador	22.14%	2.5%
13th	Niger	22.80%	-20.1%
14th	Greece	23.57%	-3.0%
15th	Indonesia	25.64%	-26.4%
16th	Rwanda	25.93%	-17.1%
17th	Chile	26.62%	-2.8%
18th	Australia	26.69%	-4.6%
19th	Benin	27.44%	19.1%
20th	Uruguay	27.79%	-2.9%
21st	Paraguay	27.85%	-5.3%
22nd	Senegal	27.88%	-2.8%
23rd	France	27.99%	0.3%
24th	Korea	28.56%	7.9%
25th	Sudan	30.66%	8.5%
26th	Chad	32.53%	2.0%
27th	Syrian Arab Republic	34.90%	-14.1%
28th	Mali	35.27%	-
29th	Peru	35.60%	2.5%
30th	Guatemala	35.72%	-6.2%
31st	Tunisia	35.74%	3.5%
32nd	Somalia, Fed. Rep.	35.90%	-4.3%
33rd	Egypt, Arab Republic of	35.94%	-2.4%
34th	Iran, Islamic Republic of	36.96%	9.0%
35th	Ghana	37.37%	9.1%
36th	Morocco	38.08%	-0.7%
37th	Sweden	38.31%	-2.9%
38th	Thailand	38.37%	7.9%
39th	Madagascar	39.02%	-3.6%
40th	Canada	39.12%	2.1%
41st	South Africa	42.49%	0.9%
42nd	Dominican Republic	43.09%	3.4%
43rd	Cameroon	43.20%	-3.1%
44th	Sri Lanka	43.76%	-9.2%
45th	Algeria	45.07%	-11.0%
46th	Togo	46.32%	-7.2%
47th	Bolivia, Plurinational State of	48.51%	1.6%
48th	Mauritania	49.07%	0.9%
49th	Uganda	49.69%	-2.4%
50th	El Salvador	54.30%	-0.3%
51st	Denmark	55.55%	-3.7%
52nd	Costa Rica	56.10%	1.0%
53rd	Oman	56.19%	-
54th	Papua New Guinea	57.00%	0.1%
55th	Kenya	57.84%	-8.6%
56th	Sierra Leone	58.39%	-1.7%
57th	Nicaragua	61.51%	0.4%
58th	Côte d'Ivoire	65.02%	-0.1%
59th	Lesotho	68.75%	2.0%
60th	Honduras	72.23%	0.6%
61st	Central African Republic	73.20%	3.3%
62nd	Botswana	75.39%	-6.0%
63rd	Faroe Islands	78.97%	3.6%
64th	Malaysia	79.49%	-2.0%
65th	Congo, Republic of	86.30%	6.5%
66th	Gambia, The	87.71%	10.0%
67th	Kuwait	87.96%	-2.3%
68th	Gabon	96.11%	21.2%
69th	Panama	114.73%	-1.2%
70th	Guyana	117.23%	1.8%
71st	Hong Kong SAR, China	156.60%	0.8%
72nd	Singapore	235.93%	-7.0%

FAQ

What was Faroe Islands's trade openness in 1967?▾

Faroe Islands's trade openness in 1967 was 78.97%. This ranked 63rd globally.

How did Faroe Islands's trade openness change in 1967?▾

Faroe Islands's trade openness increased by 3.6% in 1967 compared to 1966.

Which country had the highest trade openness in 1967?▾

Singapore had the highest trade openness in 1967 at 235.93%.

What is the trade openness of Faroe Islands in 1967?▾

The trade openness of Faroe Islands in 1967 was 78.97%. This ranked 63rd globally.

How does 1967 compare to 1966 for Faroe Islands's trade openness?▾

Faroe Islands's trade openness went from 76.24% in 1966 to 78.97% in 1967, a 3.6% increase.

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