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Iceland Trade Openness 1970s

Trade as % of GDP · World Bank
70.76% decade average (1970-1979)

Iceland's trade openness during the 1970s ranged from 63.51% (1977) to 84.13% (1970), averaging 70.76% over 10 years of data.

1970s Data
YearValueChangeRank
1970 84.13% 83rd
1971 77.52% −6.61% 79th
1972 68.47% −9.05% 74th
1973 69.76% +1.29% 71st
1974 69.16% −0.60% 63rd
1975 71.45% +2.29% 68th
1976 65.50% −5.95% 67th
1977 63.51% −1.98% 60th
1978 66.81% +3.29% 64th
1979 71.24% +4.44% 66th