Faroe Islands Highest Trade Openness
Trade as % of GDP · World Bank
The highest trade openness in Faroe Islands was 122.86% in 2022. The top 5 years were: 2022 (122.86%), 2012 (117.16%), 2025 (117.00%), 2013 (114.06%), 2023 (113.34%).
Top 5 Highest Years▾
Faroe Islands Top 5 Highest Trade Openness Years
| Rank | Year | Value |
|---|
| 1st |
2022 |
122.86% |
| 2nd |
2012 |
117.16% |
| 3rd |
2025 |
117.00% |
| 4th |
2013 |
114.06% |
| 5th |
2023 |
113.34% |
All Data (sorted by value)▾
| Year | Value | Change | Rank |
|---|
| 2022 |
122.86% |
+19.38% |
134th |
| 2025 |
117.00% |
+11.25% |
56th |
| 2012 |
117.16% |
+11.31% |
139th |
| 2023 |
113.34% |
−9.53% |
127th |
| 2013 |
114.06% |
−3.10% |
137th |
| 2000 |
110.55% |
+10.05% |
132nd |
| 2019 |
108.62% |
+1.75% |
137th |
| 2003 |
108.26% |
+9.64% |
134th |
| 2018 |
106.87% |
−0.36% |
134th |
| 2017 |
107.24% |
+2.69% |
139th |
| 2024 |
105.75% |
−7.58% |
108th |
| 2015 |
105.61% |
−0.53% |
134th |
| 2014 |
106.14% |
−7.92% |
131st |
| 2011 |
105.85% |
+8.66% |
125th |
| 2016 |
104.55% |
−1.06% |
133rd |
| 2001 |
104.90% |
−5.64% |
127th |
| 2021 |
103.49% |
+7.26% |
133rd |
| 2008 |
103.50% |
+3.99% |
120th |
| 2005 |
100.96% |
+7.55% |
126th |
| 2007 |
99.51% |
+2.11% |
119th |
| 1999 |
100.49% |
+8.88% |
129th |
| 1996 |
98.76% |
+23.06% |
130th |
| 1984 |
99.72% |
+15.15% |
96th |
| 2002 |
98.62% |
−6.28% |
128th |
| 1962 |
98.69% |
– |
57th |
| 2020 |
96.22% |
−12.40% |
134th |
| 2010 |
97.18% |
+0.32% |
123rd |
| 2009 |
96.86% |
−6.64% |
126th |
| 2006 |
97.39% |
−3.57% |
119th |
| 1997 |
97.63% |
−1.13% |
127th |
| 2004 |
93.42% |
−14.84% |
116th |
| 1987 |
93.14% |
+5.14% |
97th |
| 1985 |
93.92% |
−5.80% |
88th |
| 1974 |
93.61% |
+3.01% |
82nd |
| 1998 |
91.61% |
−6.02% |
116th |
| 1973 |
90.60% |
+12.48% |
85th |
| 1986 |
88.00% |
−5.92% |
89th |
| 1976 |
86.91% |
+1.56% |
80th |
| 1965 |
87.46% |
+5.19% |
62nd |
| 1963 |
86.10% |
−12.60% |
55th |
| 1992 |
84.86% |
+3.21% |
105th |
| 1988 |
85.86% |
−7.28% |
92nd |
| 1983 |
84.56% |
+5.30% |
82nd |
| 1977 |
84.90% |
−2.00% |
77th |
| 1975 |
85.34% |
−8.27% |
78th |
| 1981 |
83.46% |
+2.17% |
79th |
| 1991 |
81.65% |
+2.78% |
106th |
| 1980 |
81.29% |
+1.80% |
79th |
| 1964 |
82.27% |
−3.82% |
57th |
| 1989 |
79.89% |
−5.97% |
88th |
| 1990 |
78.88% |
−1.01% |
100th |
| 1982 |
79.26% |
−4.20% |
80th |
| 1979 |
79.49% |
−0.76% |
73rd |
| 1978 |
80.26% |
−4.64% |
73rd |
| 1969 |
79.25% |
+4.49% |
63rd |
| 1972 |
78.11% |
−0.67% |
80th |
| 1971 |
78.79% |
+3.53% |
81st |
| 1967 |
78.97% |
+2.73% |
63rd |
| 1995 |
75.70% |
−0.05% |
98th |
| 1994 |
75.76% |
+3.06% |
99th |
| 1970 |
75.26% |
−3.99% |
78th |
| 1966 |
76.24% |
−11.22% |
60th |
| 1968 |
74.76% |
−4.21% |
61st |
| 1993 |
72.70% |
−12.16% |
93rd |
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