Iceland - Trade Openness 1984
72.52%
−1.10% from 1983
Iceland's trade openness was 72.52% in 1984, decreased +1.10% from 73.62% in 1983. This was the 75th highest globally.
Global Ranking - 1984▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Lao PDR | 9.11% | - |
| 2nd | Argentina | 12.35% | -17.6% |
| 3rd | India | 14.01% | 2.3% |
| 4th | Bangladesh | 16.81% | -17.3% |
| 5th | United States | 17.52% | 5.1% |
| 6th | Ghana | 18.81% | 63.0% |
| 7th | China | 19.00% | 6.2% |
| 8th | Sierra Leone | 23.03% | -30.4% |
| 9th | Madagascar | 23.26% | 20.6% |
| 10th | Brazil | 23.83% | 8.8% |
| 11th | Colombia | 24.35% | 2.7% |
| 12th | Sudan | 24.96% | -21.5% |
| 13th | Mexico | 25.67% | -5.3% |
| 14th | Japan | 25.80% | 5.2% |
| 15th | Uganda | 27.02% | 21.1% |
| 16th | Iran, Islamic Republic of | 27.93% | -27.9% |
| 17th | Guatemala | 28.15% | 2.2% |
| 18th | Australia | 28.51% | -2.1% |
| 19th | Nepal | 30.10% | -4.6% |
| 20th | Rwanda | 32.30% | -0.1% |
| 21st | Ecuador | 33.06% | 7.1% |
| 22nd | Pakistan | 33.36% | -3.8% |
| 23rd | Philippines | 34.82% | 1.5% |
| 24th | Türkiye | 35.28% | 21.5% |
| 25th | Comoros | 35.76% | 0.0% |
| 26th | Syrian Arab Republic | 36.42% | -8.8% |
| 27th | Albania | 38.12% | -5.7% |
| 28th | Peru | 39.19% | -9.4% |
| 29th | Burkina Faso | 39.72% | 6.0% |
| 30th | Greece | 39.85% | -0.6% |
| 31st | Paraguay | 41.13% | 63.6% |
| 32nd | Zimbabwe | 41.37% | 15.2% |
| 33rd | Spain | 41.59% | 4.5% |
| 34th | Chad | 42.07% | 5.3% |
| 35th | Italy | 42.34% | 5.6% |
| 36th | South Africa | 43.39% | 7.8% |
| 37th | Nicaragua | 45.89% | -7.1% |
| 38th | Germany | 46.07% | 6.1% |
| 39th | Chile | 46.55% | 5.2% |
| 40th | Mali | 47.81% | 16.0% |
| 41st | Uruguay | 47.96% | -2.7% |
| 42nd | Thailand | 48.07% | 1.4% |
| 43rd | France | 49.40% | 5.1% |
| 44th | Bolivia, Plurinational State of | 49.47% | -5.5% |
| 45th | Niger | 49.88% | 4.5% |
| 46th | Indonesia | 50.11% | -11.4% |
| 47th | El Salvador | 50.29% | -7.6% |
| 48th | Benin | 50.51% | 11.4% |
| 49th | Dominican Republic | 51.74% | 25.2% |
| 50th | Canada | 52.48% | 12.3% |
| 51st | Egypt, Arab Republic of | 52.53% | -8.1% |
| 52nd | Algeria | 53.18% | -1.1% |
| 53rd | Iraq | 55.33% | -3.9% |
| 54th | United Kingdom | 55.41% | 9.0% |
| 55th | Korea | 56.00% | -1.1% |
| 56th | Finland | 56.62% | -1.4% |
| 57th | European Union | 57.20% | 5.3% |
| 58th | Kenya | 58.80% | 8.6% |
| 59th | Central African Republic | 58.90% | -3.1% |
| 60th | Morocco | 60.36% | 14.7% |
| 61st | Bhutan | 61.25% | 0.2% |
| 62nd | Sri Lanka | 63.55% | -6.2% |
| 63rd | Sweden | 64.28% | -0.2% |
| 64th | Portugal | 64.41% | 9.3% |
| 65th | Cameroon | 64.47% | 8.0% |
| 66th | Guinea-Bissau | 64.68% | 69.0% |
| 67th | Senegal | 65.43% | -4.6% |
| 68th | New Zealand | 66.20% | 14.1% |
| 69th | Austria | 66.84% | 6.6% |
| 70th | Costa Rica | 68.35% | -6.1% |
| 71st | Israel | 70.28% | 10.6% |
| 72nd | Honduras | 70.53% | 5.4% |
| 73rd | Seychelles | 71.18% | 1.9% |
| 74th | Denmark | 71.19% | 1.7% |
| 75th | Iceland | 72.52% | -1.5% |
| 76th | Norway | 74.62% | 0.9% |
| 77th | Somalia, Fed. Rep. | 75.75% | -21.2% |
| 78th | Cuba | 76.41% | -0.1% |
| 79th | Côte d'Ivoire | 77.10% | 6.1% |
| 80th | Tunisia | 77.29% | 0.3% |
| 81st | Bulgaria | 78.38% | 5.8% |
| 82nd | Saudi Arabia | 79.74% | -7.4% |
| 83rd | Belize | 80.76% | 17.0% |
| 84th | Mauritania | 86.65% | -2.6% |
| 85th | Oman | 87.86% | -4.2% |
| 86th | Tonga | 89.56% | 2.0% |
| 87th | Switzerland | 91.79% | 5.2% |
| 88th | Panama | 91.88% | -1.4% |
| 89th | Papua New Guinea | 92.59% | 3.3% |
| 90th | Mongolia | 94.25% | 5.9% |
| 91st | Guyana | 95.52% | -13.5% |
| 92nd | Namibia | 96.91% | -0.8% |
| 93rd | Puerto Rico (US) | 97.45% | -1.1% |
| 94th | Gabon | 99.29% | -5.3% |
| 95th | Mauritius | 99.35% | 7.5% |
| 96th | Faroe Islands | 99.72% | 17.9% |
| 97th | Cabo Verde | 100.47% | -1.9% |
| 98th | Togo | 103.19% | 7.5% |
| 99th | Kuwait | 104.75% | -3.4% |
| 100th | Malaysia | 106.63% | -1.3% |
| 101st | Congo, Republic of | 107.25% | -2.2% |
| 102nd | Ireland | 108.31% | 10.8% |
| 103rd | Netherlands | 110.64% | 5.5% |
| 104th | Kiribati | 112.25% | 4.6% |
| 105th | Vanuatu | 112.51% | -1.0% |
| 106th | Gambia, The | 115.91% | 2.6% |
| 107th | Jordan | 118.63% | 1.3% |
| 108th | Botswana | 118.77% | -4.7% |
| 109th | Cyprus | 121.76% | 6.4% |
| 110th | Bahamas, The | 121.90% | -2.2% |
| 111th | Belgium | 128.23% | 6.5% |
| 112th | Malta | 138.89% | 4.1% |
| 113th | Solomon Islands | 150.91% | 5.8% |
| 114th | Bahrain | 167.39% | 0.4% |
| 115th | Luxembourg | 195.35% | 11.2% |
| 116th | Hong Kong SAR, China | 199.91% | 7.3% |
| 117th | Macao SAR, China | 211.44% | -1.3% |
| 118th | Singapore | 313.12% | -6.0% |
FAQ
What was Iceland's trade openness in 1984?▾
Iceland's trade openness in 1984 was 72.52%. This ranked 75th globally.
How did Iceland's trade openness change in 1984?▾
Iceland's trade openness decreased by 1.5% in 1984 compared to 1983.
Which country had the highest trade openness in 1984?▾
Singapore had the highest trade openness in 1984 at 313.12%.
What is the trade openness of Iceland in 1984?▾
The trade openness of Iceland in 1984 was 72.52%. This ranked 75th globally.
How does 1984 compare to 1983 for Iceland's trade openness?▾
Iceland's trade openness went from 73.62% in 1983 to 72.52% in 1984, a 1.5% decrease.
HistorySaid - pattern alert
Iceland matched the Fiscal Dominance Trap pattern in 1984. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 22.1%. View full analysis →
Related
1983
1985
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Full ranking 1984
Exports
Imports
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Peak: 2012
Lowest: 1992
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Trade Openness 2000s
Trade Openness 2010s
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