Iceland - Trade Openness 1987
66.36%
−3.54% from 1986
Iceland's trade openness was 66.36% in 1987, decreased +3.54% from 69.90% in 1986. This was the 77th 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 Iceland's trade openness in 1987?▾
Iceland's trade openness in 1987 was 66.36%. This ranked 77th globally.
How did Iceland's trade openness change in 1987?▾
Iceland's trade openness decreased by 5.1% 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 Iceland in 1987?▾
The trade openness of Iceland in 1987 was 66.36%. This ranked 77th globally.
How does 1987 compare to 1986 for Iceland's trade openness?▾
Iceland's trade openness went from 69.90% in 1986 to 66.36% in 1987, a 5.1% decrease.
HistorySaid - pattern alert
Iceland matched the Orthodox Tightening Cycle pattern in 1987. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 20.8%. View full analysis →
Related
1986
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