Iceland - Trade Openness 1983
73.62%
+7.75% from 1982
Iceland's trade openness was 73.62% in 1983, increased +7.75% from 65.87% in 1982. This was the 77th highest globally.
Global Ranking - 1983▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Ghana | 11.54% | 82.7% |
| 2nd | India | 13.69% | -3.1% |
| 3rd | Argentina | 14.99% | -4.0% |
| 4th | United States | 16.67% | -5.0% |
| 5th | China | 17.89% | -9.0% |
| 6th | Madagascar | 19.29% | -9.8% |
| 7th | Bangladesh | 20.32% | -1.4% |
| 8th | Brazil | 21.90% | 32.8% |
| 9th | Uganda | 22.30% | -13.9% |
| 10th | Colombia | 23.70% | -9.2% |
| 11th | Japan | 24.52% | -8.3% |
| 12th | Paraguay | 25.14% | -21.2% |
| 13th | Mexico | 27.10% | 12.3% |
| 14th | Guatemala | 27.55% | -17.7% |
| 15th | Türkiye | 29.03% | 8.0% |
| 16th | Australia | 29.13% | -3.8% |
| 17th | Ecuador | 30.88% | -4.7% |
| 18th | Nepal | 31.55% | 3.8% |
| 19th | Sudan | 31.78% | -7.6% |
| 20th | Rwanda | 32.34% | -9.4% |
| 21st | Sierra Leone | 33.11% | -20.6% |
| 22nd | Philippines | 34.31% | 6.6% |
| 23rd | Pakistan | 34.69% | 10.8% |
| 24th | Comoros | 35.76% | 0.0% |
| 25th | Zimbabwe | 35.92% | -8.2% |
| 26th | Burkina Faso | 37.46% | -5.9% |
| 27th | Guinea-Bissau | 38.26% | -22.1% |
| 28th | Iran, Islamic Republic of | 38.73% | 1.8% |
| 29th | Spain | 39.82% | 8.9% |
| 30th | Syrian Arab Republic | 39.93% | 2.8% |
| 31st | Chad | 39.96% | 99.2% |
| 32nd | Italy | 40.10% | -7.6% |
| 33rd | Greece | 40.10% | -1.7% |
| 34th | South Africa | 40.26% | -14.6% |
| 35th | Albania | 40.41% | -9.8% |
| 36th | Mali | 41.20% | 18.2% |
| 37th | Dominican Republic | 41.34% | 0.6% |
| 38th | Peru | 43.24% | 5.3% |
| 39th | Germany | 43.41% | -1.8% |
| 40th | Chile | 44.24% | 12.0% |
| 41st | Benin | 45.34% | -21.6% |
| 42nd | Canada | 46.71% | 0.2% |
| 43rd | France | 46.98% | -0.3% |
| 44th | Thailand | 47.38% | -0.3% |
| 45th | Niger | 47.74% | -16.3% |
| 46th | Uruguay | 49.29% | 55.9% |
| 47th | Nicaragua | 49.39% | 17.5% |
| 48th | United Kingdom | 50.81% | 2.4% |
| 49th | Brunei Darussalam | 52.01% | 2.2% |
| 50th | Bolivia, Plurinational State of | 52.36% | -10.5% |
| 51st | Morocco | 52.61% | -4.9% |
| 52nd | Algeria | 53.74% | -10.3% |
| 53rd | Kenya | 54.16% | -7.0% |
| 54th | European Union | 54.32% | -0.2% |
| 55th | El Salvador | 54.40% | 6.1% |
| 56th | Indonesia | 56.56% | 16.2% |
| 57th | Korea | 56.61% | -4.0% |
| 58th | Egypt, Arab Republic of | 57.14% | -11.0% |
| 59th | Finland | 57.44% | -0.3% |
| 60th | Iraq | 57.55% | -38.0% |
| 61st | New Zealand | 57.99% | -0.8% |
| 62nd | Portugal | 58.93% | 5.7% |
| 63rd | Cameroon | 59.70% | -3.9% |
| 64th | Central African Republic | 60.77% | 7.7% |
| 65th | Bhutan | 61.12% | -5.5% |
| 66th | Austria | 62.72% | -2.6% |
| 67th | Israel | 63.56% | -8.2% |
| 68th | Sweden | 64.39% | 6.0% |
| 69th | Honduras | 66.92% | 1.7% |
| 70th | Sri Lanka | 67.76% | -8.0% |
| 71st | Senegal | 68.56% | 20.1% |
| 72nd | Belize | 69.05% | -3.9% |
| 73rd | Seychelles | 69.85% | -3.5% |
| 74th | Denmark | 70.00% | -1.7% |
| 75th | Côte d'Ivoire | 72.68% | -4.1% |
| 76th | Costa Rica | 72.82% | -16.5% |
| 77th | Iceland | 73.62% | 11.8% |
| 78th | Norway | 73.92% | -2.8% |
| 79th | Bulgaria | 74.09% | 9.8% |
| 80th | Cuba | 76.51% | -0.4% |
| 81st | Tunisia | 77.08% | -8.6% |
| 82nd | Faroe Islands | 84.56% | 6.7% |
| 83rd | Saudi Arabia | 86.15% | -4.1% |
| 84th | Switzerland | 87.21% | -1.1% |
| 85th | Tonga | 87.83% | -4.8% |
| 86th | Mauritania | 88.95% | -1.4% |
| 87th | Mongolia | 89.03% | -1.9% |
| 88th | Papua New Guinea | 89.65% | -7.9% |
| 89th | Oman | 91.72% | -9.8% |
| 90th | Mauritius | 92.40% | -3.6% |
| 91st | Panama | 93.14% | -20.3% |
| 92nd | Togo | 96.01% | -19.1% |
| 93rd | Somalia, Fed. Rep. | 96.11% | 2.3% |
| 94th | Namibia | 97.70% | -13.8% |
| 95th | Ireland | 97.74% | 4.0% |
| 96th | Puerto Rico (US) | 98.56% | -4.9% |
| 97th | Cabo Verde | 102.44% | 0.3% |
| 98th | Gabon | 104.87% | 3.6% |
| 99th | Netherlands | 104.90% | 0.3% |
| 100th | Kiribati | 107.35% | -7.0% |
| 101st | Malaysia | 108.02% | -2.2% |
| 102nd | Kuwait | 108.48% | 1.5% |
| 103rd | Congo, Republic of | 109.71% | -11.4% |
| 104th | Guyana | 110.46% | -10.1% |
| 105th | Micronesia, Federated States of | 111.04% | - |
| 106th | Gambia, The | 112.97% | 8.7% |
| 107th | Vanuatu | 113.67% | 50.6% |
| 108th | Cyprus | 114.38% | -0.7% |
| 109th | Jordan | 117.14% | -13.2% |
| 110th | Belgium | 120.40% | 2.1% |
| 111th | Bahamas, The | 124.58% | -0.6% |
| 112th | Botswana | 124.65% | 0.7% |
| 113th | Malta | 133.46% | -3.4% |
| 114th | Solomon Islands | 142.69% | 0.1% |
| 115th | Bahrain | 166.77% | -16.0% |
| 116th | Luxembourg | 175.63% | 0.4% |
| 117th | Hong Kong SAR, China | 186.33% | 10.1% |
| 118th | Macao SAR, China | 214.17% | 1.9% |
| 119th | Singapore | 333.15% | -10.6% |
FAQ
What was Iceland's trade openness in 1983?▾
Iceland's trade openness in 1983 was 73.62%. This ranked 77th globally.
How did Iceland's trade openness change in 1983?▾
Iceland's trade openness increased by 11.8% in 1983 compared to 1982.
Which country had the highest trade openness in 1983?▾
Singapore had the highest trade openness in 1983 at 333.15%.
What is the trade openness of Iceland in 1983?▾
The trade openness of Iceland in 1983 was 73.62%. This ranked 77th globally.
How does 1983 compare to 1982 for Iceland's trade openness?▾
Iceland's trade openness went from 65.87% in 1982 to 73.62% in 1983, a 11.8% increase.
HistorySaid - pattern alert
Iceland matched the Orthodox Tightening Cycle pattern in 1983. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 32.0%. View full analysis →
Related
1982
1984
All years
Full ranking 1983
Exports
Imports
Trade Balance
Current Account Balance
FDI Inflows
Peak: 2012
Lowest: 1992
Trade Openness 1990s
Trade Openness 2000s
Trade Openness 2010s
Trade Openness 2020s
Highest ever
Lowest ever
Average
vs Cayman Islands
vs Singapore
vs Norway
vs United States
NATO Trade Openness
OECD Trade Openness
Global Ranking