Faroe Islands - Trade Openness 1987
93.14%
+5.14% from 1986
Faroe Islands's trade openness was 93.14% in 1987, increased +5.14% from 88.00% in 1986. This was the 97th highest globally.
Global Ranking - 1987▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | India | 12.58% | 3.0% |
| 2nd | Argentina | 15.45% | 6.6% |
| 3rd | Brazil | 16.26% | 2.5% |
| 4th | Sudan | 16.65% | 28.5% |
| 5th | Bangladesh | 16.69% | -1.9% |
| 6th | Japan | 16.79% | -5.7% |
| 7th | Iran, Islamic Republic of | 17.88% | 26.4% |
| 8th | United States | 17.97% | 6.4% |
| 9th | Lao PDR | 20.12% | 77.8% |
| 10th | Viet Nam | 20.80% | -10.4% |
| 11th | China | 24.81% | 25.0% |
| 12th | Nicaragua | 25.53% | -24.0% |
| 13th | Uganda | 26.29% | -6.3% |
| 14th | Rwanda | 26.59% | -18.8% |
| 15th | Peru | 27.35% | -20.8% |
| 16th | Colombia | 29.87% | -3.1% |
| 17th | Madagascar | 30.13% | 39.9% |
| 18th | Mexico | 31.26% | 5.6% |
| 19th | Albania | 32.16% | 1.7% |
| 20th | Australia | 32.47% | -1.5% |
| 21st | Algeria | 32.68% | -9.3% |
| 22nd | Nepal | 32.72% | 2.4% |
| 23rd | Pakistan | 32.90% | 1.5% |
| 24th | Türkiye | 33.34% | 13.3% |
| 25th | Egypt, Arab Republic of | 35.34% | -2.0% |
| 26th | Italy | 35.48% | -1.7% |
| 27th | Comoros | 35.76% | 0.0% |
| 28th | Spain | 36.36% | 2.7% |
| 29th | Cameroon | 37.32% | -18.9% |
| 30th | Philippines | 37.36% | 7.5% |
| 31st | Somalia, Fed. Rep. | 37.56% | 1.8% |
| 32nd | Ecuador | 37.73% | 14.0% |
| 33rd | Guatemala | 38.14% | 24.5% |
| 34th | Senegal | 39.39% | -12.1% |
| 35th | Burkina Faso | 39.44% | 3.9% |
| 36th | Uruguay | 40.85% | -12.1% |
| 37th | Mali | 41.07% | -4.7% |
| 38th | Greece | 41.26% | -0.7% |
| 39th | Germany | 41.53% | -2.9% |
| 40th | France | 42.02% | -1.1% |
| 41st | Guinea | 42.75% | 5.4% |
| 42nd | Bolivia, Plurinational State of | 43.62% | -7.2% |
| 43rd | Syrian Arab Republic | 44.60% | 33.1% |
| 44th | South Africa | 44.97% | -3.6% |
| 45th | El Salvador | 45.09% | -16.0% |
| 46th | Zimbabwe | 45.29% | -0.6% |
| 47th | Ghana | 45.85% | 24.9% |
| 48th | Niger | 45.98% | 13.0% |
| 49th | Benin | 46.22% | -6.2% |
| 50th | Central African Republic | 46.39% | -0.9% |
| 51st | Indonesia | 46.97% | 14.5% |
| 52nd | Kenya | 47.70% | -14.4% |
| 53rd | Iraq | 49.35% | 14.9% |
| 54th | Finland | 49.49% | -1.0% |
| 55th | Morocco | 49.66% | -1.2% |
| 56th | United Kingdom | 49.89% | -1.3% |
| 57th | New Zealand | 50.01% | -5.2% |
| 58th | Guinea-Bissau | 50.32% | 35.8% |
| 59th | European Union | 50.35% | -1.1% |
| 60th | Canada | 50.87% | -4.1% |
| 61st | Seychelles | 51.43% | -8.9% |
| 62nd | Chad | 51.88% | 6.4% |
| 63rd | Chile | 53.34% | 4.1% |
| 64th | Sierra Leone | 55.15% | 104.8% |
| 65th | Thailand | 57.23% | 16.4% |
| 66th | Dominican Republic | 58.06% | 17.5% |
| 67th | Sweden | 58.77% | 0.8% |
| 68th | Portugal | 59.58% | 10.3% |
| 69th | Honduras | 60.56% | -9.3% |
| 70th | Sri Lanka | 60.89% | 3.1% |
| 71st | Korea | 61.11% | 4.6% |
| 72nd | Denmark | 61.48% | -5.5% |
| 73rd | Côte d'Ivoire | 63.05% | -9.5% |
| 74th | Austria | 63.10% | -1.8% |
| 75th | Bhutan | 64.28% | -12.9% |
| 76th | Norway | 64.88% | -6.9% |
| 77th | Iceland | 66.36% | -5.1% |
| 78th | Costa Rica | 67.40% | 9.0% |
| 79th | Saudi Arabia | 67.99% | 8.8% |
| 80th | Israel | 69.04% | 4.1% |
| 81st | Tunisia | 70.64% | 4.7% |
| 82nd | Paraguay | 72.49% | 8.0% |
| 83rd | Cuba | 76.82% | 1.7% |
| 84th | Belize | 76.85% | 10.3% |
| 85th | Oman | 77.94% | -2.8% |
| 86th | Congo, Republic of | 80.36% | -14.1% |
| 87th | Switzerland | 81.11% | -6.9% |
| 88th | Georgia | 82.30% | - |
| 89th | Bulgaria | 83.41% | -0.1% |
| 90th | Cabo Verde | 83.83% | -9.9% |
| 91st | Mauritania | 84.90% | -14.5% |
| 92nd | Gabon | 87.91% | -2.2% |
| 93rd | Kuwait | 89.66% | -4.8% |
| 94th | Jordan | 90.78% | 10.9% |
| 95th | Togo | 92.17% | -7.5% |
| 96th | Papua New Guinea | 92.84% | -2.2% |
| 97th | Faroe Islands | 93.14% | 5.8% |
| 98th | Vanuatu | 93.84% | 0.4% |
| 99th | Puerto Rico (US) | 94.86% | -3.7% |
| 100th | Tonga | 95.53% | -0.1% |
| 101st | Netherlands | 95.74% | -1.5% |
| 102nd | Cyprus | 97.56% | 4.4% |
| 103rd | Namibia | 97.85% | -4.7% |
| 104th | Panama | 98.59% | 1.3% |
| 105th | Ireland | 100.74% | 3.7% |
| 106th | Mongolia | 103.07% | -7.6% |
| 107th | Gambia, The | 108.70% | 5.8% |
| 108th | Belgium | 109.92% | -2.1% |
| 109th | Malaysia | 111.92% | 5.1% |
| 110th | Bahamas, The | 117.13% | -3.8% |
| 111th | Botswana | 123.57% | 5.2% |
| 112th | Mauritius | 125.39% | 11.1% |
| 113th | Malta | 148.05% | 7.2% |
| 114th | Solomon Islands | 158.00% | 0.0% |
| 115th | Kiribati | 159.22% | 73.9% |
| 116th | Bahrain | 166.89% | 3.4% |
| 117th | Guyana | 170.33% | 71.2% |
| 118th | Luxembourg | 187.43% | -0.6% |
| 119th | Macao SAR, China | 202.07% | -1.5% |
| 120th | Hong Kong SAR, China | 215.13% | 7.4% |
| 121st | Singapore | 325.04% | 10.2% |
FAQ
What was Faroe Islands's trade openness in 1987?▾
Faroe Islands's trade openness in 1987 was 93.14%. This ranked 97th globally.
How did Faroe Islands's trade openness change in 1987?▾
Faroe Islands's trade openness increased by 5.8% in 1987 compared to 1986.
Which country had the highest trade openness in 1987?▾
Singapore had the highest trade openness in 1987 at 325.04%.
What is the trade openness of Faroe Islands in 1987?▾
The trade openness of Faroe Islands in 1987 was 93.14%. This ranked 97th globally.
How does 1987 compare to 1986 for Faroe Islands's trade openness?▾
Faroe Islands's trade openness went from 88.00% in 1986 to 93.14% in 1987, a 5.8% increase.
Related
1986
1988
All years
Full ranking 1987
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