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Faroe Islands Trade Openness 1970s

Trade as % of GDP · World Bank
83.33% decade average (1970-1979)

Faroe Islands's trade openness during the 1970s ranged from 75.26% (1970) to 93.61% (1974), averaging 83.33% over 10 years of data.

1970s Data
YearValueChangeRank
1970 75.26% −3.99% 78th
1971 78.79% +3.53% 81st
1972 78.11% −0.67% 80th
1973 90.60% +12.48% 85th
1974 93.61% +3.01% 82nd
1975 85.34% −8.27% 78th
1976 86.91% +1.56% 80th
1977 84.90% −2.00% 77th
1978 80.26% −4.64% 73rd
1979 79.49% −0.76% 73rd