Faroe Islands - Trade Openness 1981
83.46%
+2.17% from 1980
Faroe Islands's trade openness was 83.46% in 1981, increased +2.17% from 81.29% in 1980. This was the 79th highest globally.
Global Ranking - 1981▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Ghana | 10.08% | -42.8% |
| 2nd | Argentina | 14.29% | 23.8% |
| 3rd | India | 14.51% | -5.7% |
| 4th | Bangladesh | 19.25% | -17.7% |
| 5th | United States | 19.43% | -3.4% |
| 6th | Brazil | 19.63% | -2.6% |
| 7th | Türkiye | 21.14% | 23.7% |
| 8th | Mexico | 22.12% | -1.4% |
| 9th | Madagascar | 23.53% | -22.2% |
| 10th | China | 23.74% | 10.2% |
| 11th | Japan | 27.05% | 1.5% |
| 12th | Colombia | 27.27% | -14.3% |
| 13th | Mali | 28.57% | -1.3% |
| 14th | Paraguay | 29.14% | -14.0% |
| 15th | Ecuador | 29.92% | -14.6% |
| 16th | Australia | 31.56% | -2.2% |
| 17th | Rwanda | 31.58% | -22.6% |
| 18th | Nepal | 32.52% | 7.4% |
| 19th | Sudan | 33.28% | -1.4% |
| 20th | Uruguay | 34.24% | -4.0% |
| 21st | Pakistan | 35.17% | -2.0% |
| 22nd | Philippines | 35.27% | - |
| 23rd | Spain | 35.42% | 12.1% |
| 24th | Comoros | 35.76% | 0.0% |
| 25th | Chad | 37.76% | -17.6% |
| 26th | Uganda | 38.14% | -16.1% |
| 27th | Iran, Islamic Republic of | 40.31% | -5.1% |
| 28th | Guatemala | 40.69% | -13.6% |
| 29th | Burkina Faso | 40.71% | 1.2% |
| 30th | Chile | 40.96% | -13.3% |
| 31st | Peru | 41.28% | -13.4% |
| 32nd | Germany | 44.02% | 5.6% |
| 33rd | Italy | 45.18% | 5.4% |
| 34th | Zimbabwe | 45.33% | -9.1% |
| 35th | Greece | 46.01% | 5.8% |
| 36th | Albania | 46.10% | -2.9% |
| 37th | Bolivia, Plurinational State of | 46.22% | -1.3% |
| 38th | Guinea-Bissau | 46.91% | -14.0% |
| 39th | France | 47.35% | 4.6% |
| 40th | Syrian Arab Republic | 48.61% | -9.4% |
| 41st | United Kingdom | 49.39% | -3.7% |
| 42nd | Brunei Darussalam | 49.81% | 3.9% |
| 43rd | Cameroon | 50.28% | -8.6% |
| 44th | Dominican Republic | 50.62% | -7.0% |
| 45th | Canada | 52.10% | -2.3% |
| 46th | South Africa | 52.19% | -7.6% |
| 47th | Indonesia | 53.18% | 1.0% |
| 48th | Thailand | 53.97% | -0.9% |
| 49th | European Union | 54.51% | 4.9% |
| 50th | Portugal | 55.58% | 2.5% |
| 51st | Sweden | 55.82% | -0.2% |
| 52nd | Morocco | 57.44% | 21.3% |
| 53rd | Central African Republic | 58.44% | -11.9% |
| 54th | New Zealand | 58.88% | 0.3% |
| 55th | Benin | 59.89% | 12.7% |
| 56th | El Salvador | 60.27% | -10.6% |
| 57th | Niger | 60.36% | -3.8% |
| 58th | Finland | 61.61% | -2.1% |
| 59th | Sierra Leone | 62.75% | 2.7% |
| 60th | Nicaragua | 64.13% | -5.0% |
| 61st | Kenya | 64.28% | -1.7% |
| 62nd | Algeria | 65.46% | 1.2% |
| 63rd | Korea | 65.73% | 2.3% |
| 64th | Senegal | 65.85% | 33.6% |
| 65th | Bhutan | 66.78% | 23.4% |
| 66th | Iceland | 67.42% | -0.4% |
| 67th | Seychelles | 67.50% | -12.5% |
| 68th | Vanuatu | 68.66% | -2.1% |
| 69th | Austria | 68.67% | 2.4% |
| 70th | Bulgaria | 70.16% | 5.7% |
| 71st | Denmark | 71.23% | 8.3% |
| 72nd | Egypt, Arab Republic of | 74.46% | 1.5% |
| 73rd | Cuba | 76.78% | -0.3% |
| 74th | Sri Lanka | 77.00% | -11.5% |
| 75th | Norway | 77.13% | -1.2% |
| 76th | Côte d'Ivoire | 77.46% | 1.7% |
| 77th | Israel | 79.33% | -0.8% |
| 78th | Belize | 80.00% | 1.7% |
| 79th | Faroe Islands | 83.46% | 2.7% |
| 80th | Honduras | 85.27% | -13.9% |
| 81st | Mauritania | 87.49% | 16.3% |
| 82nd | Tunisia | 91.21% | 6.3% |
| 83rd | Costa Rica | 91.44% | 44.5% |
| 84th | Cabo Verde | 92.16% | 9.7% |
| 85th | Tonga | 92.62% | -5.3% |
| 86th | Saudi Arabia | 92.91% | 2.4% |
| 87th | Somalia, Fed. Rep. | 93.17% | -23.6% |
| 88th | Iraq | 93.91% | -1.2% |
| 89th | Mongolia | 94.90% | - |
| 90th | Togo | 95.81% | -12.6% |
| 91st | Switzerland | 95.98% | 1.1% |
| 92nd | Papua New Guinea | 96.98% | 0.5% |
| 93rd | Mauritius | 98.58% | -11.3% |
| 94th | Ireland | 100.97% | -1.3% |
| 95th | Oman | 102.78% | 2.5% |
| 96th | Gabon | 104.06% | 8.0% |
| 97th | Netherlands | 104.96% | 5.1% |
| 98th | Kuwait | 107.98% | -4.1% |
| 99th | Puerto Rico (US) | 108.63% | 0.2% |
| 100th | Belgium | 110.22% | 7.0% |
| 101st | Gambia, The | 110.72% | 4.1% |
| 102nd | Malaysia | 110.86% | -1.5% |
| 103rd | Cyprus | 113.57% | 4.8% |
| 104th | Botswana | 121.24% | 1.5% |
| 105th | Kiribati | 122.87% | 8.4% |
| 106th | Namibia | 124.18% | -2.0% |
| 107th | Bahamas, The | 129.75% | -2.6% |
| 108th | Panama | 133.72% | -2.7% |
| 109th | Congo, Republic of | 134.11% | 11.6% |
| 110th | Lesotho | 136.30% | 4.0% |
| 111th | Jordan | 142.19% | 13.1% |
| 112th | Solomon Islands | 142.35% | 0.0% |
| 113th | Malta | 153.11% | -8.5% |
| 114th | Guyana | 161.23% | -7.8% |
| 115th | Luxembourg | 171.51% | -0.9% |
| 116th | Hong Kong SAR, China | 182.58% | 2.6% |
| 117th | Bahrain | 220.87% | 4.9% |
| 118th | Singapore | 399.78% | -2.7% |
FAQ
What was Faroe Islands's trade openness in 1981?▾
Faroe Islands's trade openness in 1981 was 83.46%. This ranked 79th globally.
How did Faroe Islands's trade openness change in 1981?▾
Faroe Islands's trade openness increased by 2.7% in 1981 compared to 1980.
Which country had the highest trade openness in 1981?▾
Singapore had the highest trade openness in 1981 at 399.78%.
What is the trade openness of Faroe Islands in 1981?▾
The trade openness of Faroe Islands in 1981 was 83.46%. This ranked 79th globally.
How does 1981 compare to 1980 for Faroe Islands's trade openness?▾
Faroe Islands's trade openness went from 81.29% in 1980 to 83.46% in 1981, a 2.7% increase.
Related
1980
1982
All years
Full ranking 1981
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
vs Denmark
Global Ranking