Faroe Islands - Trade Openness 1977
84.90%
−2.00% from 1976
Faroe Islands's trade openness was 84.90% in 1977, decreased +2.00% from 86.91% in 1976. This was the 77th highest globally.
Global Ranking - 1977▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | China | 9.32% | -2.8% |
| 2nd | India | 12.65% | -1.2% |
| 3rd | Türkiye | 14.52% | -6.5% |
| 4th | Brazil | 15.16% | -7.7% |
| 5th | United States | 16.42% | 2.3% |
| 6th | Argentina | 16.94% | 12.2% |
| 7th | Uganda | 16.95% | -19.3% |
| 8th | Bangladesh | 19.42% | -13.2% |
| 9th | Mexico | 20.54% | 11.9% |
| 10th | Ghana | 22.05% | -30.6% |
| 11th | Japan | 23.13% | -6.7% |
| 12th | Sudan | 26.00% | -14.4% |
| 13th | Nepal | 26.11% | 4.6% |
| 14th | Pakistan | 27.20% | -6.0% |
| 15th | Australia | 28.59% | 6.6% |
| 16th | Spain | 29.20% | -3.0% |
| 17th | Colombia | 30.06% | -2.8% |
| 18th | Rwanda | 31.93% | -6.0% |
| 19th | Mali | 32.34% | 0.9% |
| 20th | Greece | 33.76% | -0.6% |
| 21st | Ecuador | 34.44% | 1.3% |
| 22nd | Madagascar | 36.49% | 11.6% |
| 23rd | Peru | 37.59% | 19.7% |
| 24th | Germany | 37.96% | -0.7% |
| 25th | Burkina Faso | 38.40% | 9.1% |
| 26th | Portugal | 40.53% | 7.5% |
| 27th | Chile | 40.85% | -6.0% |
| 28th | Zimbabwe | 41.61% | 0.1% |
| 29th | Italy | 41.71% | 1.5% |
| 30th | Paraguay | 41.90% | 28.1% |
| 31st | Guinea-Bissau | 41.91% | 26.2% |
| 32nd | France | 42.36% | 2.4% |
| 33rd | Uruguay | 42.55% | 7.4% |
| 34th | Indonesia | 43.57% | 1.3% |
| 35th | Chad | 43.73% | 3.0% |
| 36th | Thailand | 45.34% | 5.6% |
| 37th | Canada | 45.76% | 3.4% |
| 38th | Sierra Leone | 46.45% | -8.0% |
| 39th | European Union | 47.75% | 0.2% |
| 40th | South Africa | 48.21% | -1.4% |
| 41st | Niger | 48.97% | -13.5% |
| 42nd | Dominican Republic | 49.35% | -4.1% |
| 43rd | Guatemala | 50.71% | 3.2% |
| 44th | Benin | 50.96% | 15.8% |
| 45th | Sweden | 51.35% | -0.9% |
| 46th | Brunei Darussalam | 52.12% | 0.0% |
| 47th | Finland | 52.39% | 6.3% |
| 48th | Cameroon | 52.87% | 5.7% |
| 49th | Egypt, Arab Republic of | 52.95% | 17.4% |
| 50th | Korea | 52.97% | 0.0% |
| 51st | New Zealand | 53.90% | -3.7% |
| 52nd | Morocco | 54.22% | -0.8% |
| 53rd | Bolivia, Plurinational State of | 56.42% | -2.0% |
| 54th | Syrian Arab Republic | 58.83% | 9.3% |
| 55th | United Kingdom | 58.93% | 2.6% |
| 56th | Central African Republic | 59.53% | 15.6% |
| 57th | Iran, Islamic Republic of | 59.89% | -8.5% |
| 58th | Denmark | 60.37% | -1.2% |
| 59th | Austria | 60.51% | 0.6% |
| 60th | Iceland | 63.51% | -3.0% |
| 61st | Senegal | 63.95% | 18.2% |
| 62nd | Sri Lanka | 63.97% | 5.9% |
| 63rd | Kenya | 66.55% | 3.7% |
| 64th | Costa Rica | 67.20% | 5.3% |
| 65th | Tunisia | 67.59% | 7.1% |
| 66th | Nicaragua | 69.52% | 7.2% |
| 67th | Israel | 70.45% | 4.6% |
| 68th | Togo | 72.04% | -2.1% |
| 69th | Algeria | 72.33% | 3.1% |
| 70th | El Salvador | 75.64% | 4.5% |
| 71st | Norway | 76.20% | -3.3% |
| 72nd | Mauritania | 76.80% | -8.4% |
| 73rd | Cuba | 76.81% | 0.0% |
| 74th | Côte d'Ivoire | 78.96% | 1.2% |
| 75th | Somalia, Fed. Rep. | 79.48% | 153.2% |
| 76th | Gambia, The | 84.25% | -3.6% |
| 77th | Faroe Islands | 84.90% | -2.3% |
| 78th | Switzerland | 87.32% | 10.7% |
| 79th | Seychelles | 88.10% | -9.3% |
| 80th | Netherlands | 89.73% | -3.4% |
| 81st | Saudi Arabia | 89.98% | 7.1% |
| 82nd | Tonga | 91.04% | 8.9% |
| 83rd | Papua New Guinea | 91.24% | 10.5% |
| 84th | Malaysia | 92.78% | -0.4% |
| 85th | Belgium | 95.68% | -1.2% |
| 86th | Iraq | 97.03% | 4.0% |
| 87th | Honduras | 97.10% | 5.2% |
| 88th | Ireland | 98.00% | 7.4% |
| 89th | Oman | 102.34% | -5.5% |
| 90th | Gabon | 102.85% | 12.2% |
| 91st | Mauritius | 106.81% | -0.2% |
| 92nd | Puerto Rico (US) | 106.83% | 9.2% |
| 93rd | Congo, Republic of | 110.85% | 3.7% |
| 94th | Kuwait | 115.47% | 4.5% |
| 95th | Cyprus | 115.58% | 2.9% |
| 96th | Jordan | 116.03% | 3.4% |
| 97th | Kiribati | 116.23% | 2.1% |
| 98th | Botswana | 120.21% | 3.0% |
| 99th | Lesotho | 124.33% | -20.6% |
| 100th | Panama | 137.02% | 0.0% |
| 101st | Guyana | 141.98% | -9.6% |
| 102nd | Bahamas, The | 148.79% | - |
| 103rd | Hong Kong SAR, China | 160.19% | -4.8% |
| 104th | Luxembourg | 165.37% | -0.5% |
| 105th | Malta | 167.35% | 3.4% |
| 106th | Singapore | 326.98% | 6.9% |
FAQ
What was Faroe Islands's trade openness in 1977?▾
Faroe Islands's trade openness in 1977 was 84.90%. This ranked 77th globally.
How did Faroe Islands's trade openness change in 1977?▾
Faroe Islands's trade openness decreased by 2.3% in 1977 compared to 1976.
Which country had the highest trade openness in 1977?▾
Singapore had the highest trade openness in 1977 at 326.98%.
What is the trade openness of Faroe Islands in 1977?▾
The trade openness of Faroe Islands in 1977 was 84.90%. This ranked 77th globally.
How does 1977 compare to 1976 for Faroe Islands's trade openness?▾
Faroe Islands's trade openness went from 86.91% in 1976 to 84.90% in 1977, a 2.3% decrease.
Related
1976
1978
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Full ranking 1977
Exports
Imports
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Current Account Balance
FDI Inflows
Peak: 2022
Lowest: 1993
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