Faroe Islands - Trade Openness 1980
81.29%
+1.80% from 1979
Faroe Islands's trade openness was 81.29% in 1980, increased +1.80% from 79.49% in 1979. This was the 79th highest globally.
Global Ranking - 1980▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Argentina | 11.55% | -10.1% |
| 2nd | India | 15.38% | 3.1% |
| 3rd | Türkiye | 17.09% | 87.8% |
| 4th | Ghana | 17.62% | -21.3% |
| 5th | United States | 20.11% | 9.4% |
| 6th | Brazil | 20.16% | 21.7% |
| 7th | China | 21.54% | 30.4% |
| 8th | Mexico | 22.43% | -5.1% |
| 9th | Bangladesh | 23.38% | 6.7% |
| 10th | Japan | 26.65% | 17.6% |
| 11th | Mali | 28.95% | -26.2% |
| 12th | Madagascar | 30.27% | -32.7% |
| 13th | Nepal | 30.27% | 9.1% |
| 14th | Spain | 31.60% | 13.4% |
| 15th | Colombia | 31.81% | 11.0% |
| 16th | Australia | 32.25% | 9.0% |
| 17th | Sudan | 33.74% | 15.1% |
| 18th | Paraguay | 33.90% | -9.9% |
| 19th | Ecuador | 35.03% | -2.9% |
| 20th | Uruguay | 35.66% | -6.1% |
| 21st | Comoros | 35.76% | - |
| 22nd | Pakistan | 35.90% | 9.2% |
| 23rd | Burkina Faso | 40.21% | 7.2% |
| 24th | Rwanda | 40.82% | -6.8% |
| 25th | Germany | 41.70% | 6.7% |
| 26th | Iran, Islamic Republic of | 42.48% | -0.8% |
| 27th | Italy | 42.87% | -1.7% |
| 28th | Greece | 43.48% | 25.5% |
| 29th | France | 45.24% | 6.1% |
| 30th | Uganda | 45.48% | 23.1% |
| 31st | Chad | 45.81% | -12.6% |
| 32nd | Bolivia, Plurinational State of | 46.81% | -9.2% |
| 33rd | Guatemala | 47.11% | -0.2% |
| 34th | Chile | 47.23% | 1.1% |
| 35th | Morocco | 47.34% | 1.0% |
| 36th | Albania | 47.49% | - |
| 37th | Peru | 47.64% | 4.5% |
| 38th | Brunei Darussalam | 47.95% | -5.3% |
| 39th | Senegal | 49.30% | -1.0% |
| 40th | Zimbabwe | 49.89% | 12.2% |
| 41st | United Kingdom | 51.31% | -6.1% |
| 42nd | European Union | 51.94% | 4.9% |
| 43rd | Indonesia | 52.65% | -1.9% |
| 44th | Benin | 53.14% | -2.6% |
| 45th | Canada | 53.32% | 2.1% |
| 46th | Syrian Arab Republic | 53.66% | -2.7% |
| 47th | Bhutan | 54.11% | - |
| 48th | Portugal | 54.24% | 6.9% |
| 49th | Dominican Republic | 54.41% | 1.2% |
| 50th | Thailand | 54.48% | 5.0% |
| 51st | Guinea-Bissau | 54.53% | 11.7% |
| 52nd | Cameroon | 55.02% | 11.5% |
| 53rd | Sweden | 55.95% | -0.5% |
| 54th | South Africa | 56.51% | 4.4% |
| 55th | New Zealand | 58.69% | -0.2% |
| 56th | Sierra Leone | 61.08% | 30.0% |
| 57th | Niger | 62.71% | -4.1% |
| 58th | Finland | 62.94% | 8.3% |
| 59th | Costa Rica | 63.30% | -1.3% |
| 60th | Korea | 64.23% | 20.0% |
| 61st | Algeria | 64.68% | 1.0% |
| 62nd | Kenya | 65.42% | 14.0% |
| 63rd | Denmark | 65.75% | 8.1% |
| 64th | Central African Republic | 66.30% | 15.2% |
| 65th | Bulgaria | 66.40% | - |
| 66th | Austria | 67.09% | 5.5% |
| 67th | El Salvador | 67.41% | -9.0% |
| 68th | Nicaragua | 67.50% | -3.8% |
| 69th | Iceland | 67.67% | -5.0% |
| 70th | Vanuatu | 70.13% | - |
| 71st | Egypt, Arab Republic of | 73.38% | 5.6% |
| 72nd | Mauritania | 75.23% | 11.3% |
| 73rd | Côte d'Ivoire | 76.18% | 5.4% |
| 74th | Cuba | 77.03% | 0.4% |
| 75th | Seychelles | 77.14% | -7.7% |
| 76th | Norway | 78.09% | 4.3% |
| 77th | Belize | 78.70% | - |
| 78th | Israel | 79.97% | 1.0% |
| 79th | Faroe Islands | 81.29% | 2.3% |
| 80th | Cabo Verde | 84.05% | - |
| 81st | Tunisia | 85.84% | 6.0% |
| 82nd | Sri Lanka | 87.02% | 9.5% |
| 83rd | Saudi Arabia | 90.76% | 1.9% |
| 84th | Switzerland | 94.88% | 8.1% |
| 85th | Iraq | 95.05% | 1.5% |
| 86th | Gabon | 96.35% | 0.5% |
| 87th | Papua New Guinea | 96.50% | 6.0% |
| 88th | Tonga | 97.78% | 2.0% |
| 89th | Honduras | 99.01% | 1.8% |
| 90th | Netherlands | 99.88% | 5.6% |
| 91st | Oman | 100.31% | -1.4% |
| 92nd | Ireland | 102.30% | -2.8% |
| 93rd | Belgium | 103.06% | 1.5% |
| 94th | Gambia, The | 106.33% | 8.3% |
| 95th | Cyprus | 108.33% | -0.1% |
| 96th | Puerto Rico (US) | 108.42% | 3.0% |
| 97th | Togo | 109.61% | 15.7% |
| 98th | Mauritius | 111.09% | 16.0% |
| 99th | Malaysia | 112.59% | 9.1% |
| 100th | Kuwait | 112.65% | 5.5% |
| 101st | Kiribati | 113.30% | -24.2% |
| 102nd | Botswana | 119.50% | 0.1% |
| 103rd | Congo, Republic of | 120.14% | 25.1% |
| 104th | Somalia, Fed. Rep. | 121.88% | 21.9% |
| 105th | Jordan | 125.69% | 3.5% |
| 106th | Namibia | 126.66% | - |
| 107th | Lesotho | 131.09% | -10.0% |
| 108th | Bahamas, The | 133.26% | 3.2% |
| 109th | Panama | 137.50% | 4.3% |
| 110th | Solomon Islands | 142.35% | - |
| 111th | Malta | 167.34% | 2.0% |
| 112th | Luxembourg | 173.12% | -0.1% |
| 113th | Guyana | 174.93% | 35.6% |
| 114th | Hong Kong SAR, China | 178.01% | 0.0% |
| 115th | Bahrain | 210.50% | - |
| 116th | Singapore | 410.94% | 9.6% |
FAQ
What was Faroe Islands's trade openness in 1980?▾
Faroe Islands's trade openness in 1980 was 81.29%. This ranked 79th globally.
How did Faroe Islands's trade openness change in 1980?▾
Faroe Islands's trade openness increased by 2.3% in 1980 compared to 1979.
Which country had the highest trade openness in 1980?▾
Singapore had the highest trade openness in 1980 at 410.94%.
What is the trade openness of Faroe Islands in 1980?▾
The trade openness of Faroe Islands in 1980 was 81.29%. This ranked 79th globally.
How does 1980 compare to 1979 for Faroe Islands's trade openness?▾
Faroe Islands's trade openness went from 79.49% in 1979 to 81.29% in 1980, a 2.3% increase.
Related
1979
1981
All years
Full ranking 1980
Exports
Imports
Trade Balance
Current Account Balance
FDI Inflows
Peak: 2022
Lowest: 1993
Trade Openness 1990s
Trade Openness 2000s
Trade Openness 2010s
Trade Openness 2020s
Highest ever
Lowest ever
Average
vs Channel Islands
vs Macao SAR, China
vs Netherlands
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Global Ranking