William Levin, 67, a retired statistician-economist with the Federal Trade Commission, died of cancer Wednesday at George Washington University Hospital.

He was chief of the FTC's division of financial statistics from 1950 until retiring in 1975. He directed the collection of quarterly financial reports from a cross-section of industrial corporations in this country.

Mr. Levin also designed a program for collecting annual financial reports from the countrys largest industrial corporations. He received the FTC's Distinguished Service Award.

Born in Albany, N.Y., Mr. Levin held a bachelor's degree in accounting , a master's degree in statistics and a doctorate in economics from New York University.

He came to Washington in 1940 to work for the War Production Board. During the World War II, he served with the Army.

Mr. Levin returned to Washington after the war and was assistant controller of the United Nations Relief and Rehabilitation Administration. He also was statistical-economic consultant to the U.S. Excess Profits Tax Council before joining the FTC.

Active in many organizations in his field and in the Jewish community, Mr. Levin had served as director of the government division of the United Jewish Appeal.

He is survived by his wife Nina Wender Levin, and a son Lawrence Adam, of the home in Chevy Chase, and another son Myles Jeremy, of Washington.