Faroe Islands - Trade Openness 1985
93.92%
−5.80% from 1984
Faroe Islands's trade openness was 93.92% in 1985, decreased +5.80% from 99.72% in 1984. This was the 88th highest globally.
Global Ranking - 1985▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | India | 12.90% | -7.9% |
| 2nd | Lao PDR | 13.80% | 51.6% |
| 3rd | United States | 16.60% | -5.2% |
| 4th | Sudan | 17.63% | -29.4% |
| 5th | Argentina | 18.01% | 45.9% |
| 6th | Bangladesh | 18.22% | 8.4% |
| 7th | Brazil | 20.45% | -14.2% |
| 8th | China | 20.67% | 8.8% |
| 9th | Madagascar | 22.44% | -3.5% |
| 10th | Iran, Islamic Republic of | 23.17% | -17.0% |
| 11th | Japan | 24.11% | -6.6% |
| 12th | Ghana | 24.24% | 28.9% |
| 13th | Mexico | 24.33% | -5.2% |
| 14th | Guatemala | 24.93% | -11.4% |
| 15th | Somalia, Fed. Rep. | 25.66% | -66.1% |
| 16th | Colombia | 26.33% | 8.1% |
| 17th | Uganda | 28.75% | 6.4% |
| 18th | Rwanda | 30.67% | -5.0% |
| 19th | Sierra Leone | 31.43% | 36.5% |
| 20th | Nepal | 31.53% | 4.7% |
| 21st | Australia | 32.45% | 13.8% |
| 22nd | Philippines | 32.84% | -5.7% |
| 23rd | Pakistan | 33.17% | -0.6% |
| 24th | Türkiye | 34.83% | -1.3% |
| 25th | Ecuador | 35.72% | 8.0% |
| 26th | Comoros | 35.76% | 0.0% |
| 27th | Albania | 35.93% | -5.7% |
| 28th | Nicaragua | 36.59% | -20.3% |
| 29th | Syrian Arab Republic | 37.40% | 2.7% |
| 30th | Greece | 39.33% | -1.3% |
| 31st | Spain | 40.92% | -1.6% |
| 32nd | Burkina Faso | 40.95% | 3.1% |
| 33rd | Bolivia, Plurinational State of | 41.89% | -15.3% |
| 34th | Italy | 42.54% | 0.5% |
| 35th | Chad | 43.23% | 2.8% |
| 36th | Zimbabwe | 44.21% | 6.9% |
| 37th | Indonesia | 44.72% | -10.8% |
| 38th | Peru | 44.88% | 14.5% |
| 39th | Egypt, Arab Republic of | 46.11% | -12.2% |
| 40th | Germany | 47.73% | 3.6% |
| 41st | Uruguay | 47.86% | -0.2% |
| 42nd | South Africa | 47.95% | 10.5% |
| 43rd | France | 48.88% | -1.0% |
| 44th | Thailand | 49.16% | 2.3% |
| 45th | Chile | 49.97% | 7.4% |
| 46th | Algeria | 50.33% | -5.4% |
| 47th | Korea | 51.33% | -8.3% |
| 48th | Mali | 51.78% | 8.3% |
| 49th | El Salvador | 52.21% | 3.8% |
| 50th | Senegal | 52.63% | -19.6% |
| 51st | Canada | 52.84% | 0.7% |
| 52nd | Niger | 53.53% | 7.3% |
| 53rd | Central African Republic | 53.64% | -8.9% |
| 54th | Paraguay | 54.21% | 31.8% |
| 55th | United Kingdom | 54.95% | -0.8% |
| 56th | Iraq | 54.96% | -0.7% |
| 57th | Finland | 55.33% | -2.3% |
| 58th | Kenya | 55.45% | -5.7% |
| 59th | Dominican Republic | 57.00% | 10.2% |
| 60th | European Union | 57.68% | 0.8% |
| 61st | Morocco | 59.32% | -1.7% |
| 62nd | Benin | 60.30% | 19.4% |
| 63rd | New Zealand | 60.74% | -8.2% |
| 64th | Portugal | 61.52% | -4.5% |
| 65th | Costa Rica | 63.20% | -7.5% |
| 66th | Sri Lanka | 63.98% | 0.7% |
| 67th | Sweden | 64.09% | -0.3% |
| 68th | Cameroon | 65.02% | 0.9% |
| 69th | Saudi Arabia | 66.71% | -16.3% |
| 70th | Belize | 67.07% | -17.0% |
| 71st | Guinea-Bissau | 67.47% | 4.3% |
| 72nd | Honduras | 67.48% | -4.3% |
| 73rd | Bhutan | 69.75% | 13.9% |
| 74th | Tunisia | 70.24% | -9.1% |
| 75th | Austria | 70.36% | 5.3% |
| 76th | Seychelles | 71.29% | 0.2% |
| 77th | Denmark | 72.33% | 1.6% |
| 78th | Norway | 75.65% | 1.4% |
| 79th | Israel | 75.67% | 7.7% |
| 80th | Iceland | 76.58% | 5.6% |
| 81st | Cuba | 78.68% | 3.0% |
| 82nd | Côte d'Ivoire | 79.17% | 2.7% |
| 83rd | Bulgaria | 86.00% | 9.7% |
| 84th | Oman | 87.01% | -1.0% |
| 85th | Namibia | 91.73% | -5.3% |
| 86th | Kiribati | 92.87% | -17.3% |
| 87th | Switzerland | 92.99% | 1.3% |
| 88th | Faroe Islands | 93.92% | -5.8% |
| 89th | Panama | 94.06% | 2.4% |
| 90th | Papua New Guinea | 94.55% | 2.1% |
| 91st | Mongolia | 94.94% | 0.7% |
| 92nd | Kuwait | 96.42% | -8.0% |
| 93rd | Gambia, The | 97.78% | -15.6% |
| 94th | Puerto Rico (US) | 101.81% | 4.5% |
| 95th | Cabo Verde | 101.82% | 1.3% |
| 96th | Tonga | 102.36% | 14.3% |
| 97th | Mauritania | 103.29% | 19.2% |
| 98th | Malaysia | 104.68% | -1.8% |
| 99th | Togo | 105.55% | 2.3% |
| 100th | Mauritius | 107.50% | 8.2% |
| 101st | Cyprus | 107.57% | -11.7% |
| 102nd | Ireland | 107.76% | -0.5% |
| 103rd | Guyana | 109.97% | 15.1% |
| 104th | Vanuatu | 110.53% | -1.8% |
| 105th | Congo, Republic of | 112.79% | 5.2% |
| 106th | Netherlands | 114.57% | 3.6% |
| 107th | Jordan | 115.91% | -2.3% |
| 108th | Botswana | 117.52% | -1.1% |
| 109th | Gabon | 119.85% | 20.7% |
| 110th | Belgium | 123.88% | -3.4% |
| 111th | Bahamas, The | 124.06% | 1.8% |
| 112th | Solomon Islands | 142.80% | -5.4% |
| 113th | Malta | 143.65% | 3.4% |
| 114th | Bahrain | 168.51% | 0.7% |
| 115th | Hong Kong SAR, China | 197.80% | -1.1% |
| 116th | Macao SAR, China | 198.15% | -6.3% |
| 117th | Luxembourg | 206.57% | 5.7% |
| 118th | Singapore | 304.14% | -2.9% |
FAQ
What was Faroe Islands's trade openness in 1985?▾
Faroe Islands's trade openness in 1985 was 93.92%. This ranked 88th globally.
How did Faroe Islands's trade openness change in 1985?▾
Faroe Islands's trade openness decreased by 5.8% in 1985 compared to 1984.
Which country had the highest trade openness in 1985?▾
Singapore had the highest trade openness in 1985 at 304.14%.
What is the trade openness of Faroe Islands in 1985?▾
The trade openness of Faroe Islands in 1985 was 93.92%. This ranked 88th globally.
How does 1985 compare to 1984 for Faroe Islands's trade openness?▾
Faroe Islands's trade openness went from 99.72% in 1984 to 93.92% in 1985, a 5.8% decrease.
Related
1984
1986
All years
Full ranking 1985
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
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Lowest ever
Average
vs Channel Islands
vs Macao SAR, China
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Global Ranking