Communications, computer, etc. in Faroe Islands
Faroe Islands: Communications, computer, etc. was 31.7% in 2011. ▲ Rising
Communications, computer, etc. in Faroe Islands, 1998–2011
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
The most recent figure for communications, computer, etc. in Faroe Islands is 31.7%, measured in 2011.
That represents a change of up 11.5% on the previous year and up 119.2% over ten years.
Over the whole period, communications, computer, etc. in Faroe Islands peaked at 37.6% in 2005 and was at its lowest, 11.9%, in 2003.
Faroe Islands ranks 74th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Communications, computer, etc. in Faroe Islands, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1998 | 14.9% | — |
| 1999 | 14.4% | -3.6% |
| 2000 | 12.3% | -14.2% |
| 2001 | 14.5% | +17.4% |
| 2002 | 15.5% | +7.3% |
| 2003 | 11.9% | -23.5% |
| 2004 | 14.0% | +17.9% |
| 2005 | 37.6% | +168.4% |
| 2006 | 26.7% | -28.9% |
| 2007 | 15.9% | -40.6% |
| 2008 | 12.5% | -21.0% |
| 2009 | 28.5% | +127.4% |
| 2010 | 28.4% | -0.2% |
| 2011 | 31.7% | +11.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.6% | 14.4% | 14.9% | 2 |
| 2000s | 18.9% | 11.9% | 37.6% | 10 |
| 2010s | 30.1% | 28.4% | 31.7% | 2 |
Countries ranked near Faroe Islands
More economy & growth data for Faroe Islands
- Manufacturing, value added (current LCU), per capita 48,390 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 82,165 current LCU per person (2024)
- Manufacturing, value added (current US$), per unit of GDP 0.0946 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 7,019 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.6524 current LCU per US$ of GDP (2024)
- GDP (current US$), annual growth rate 2.78 % change on previous year (2024)
- Industry (including construction), value added (current LCU), annual -5.07 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 13,574 current US$ per person (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 1.11 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current US$), annual -5.14 % change on previous year (2024)
Frequently asked questions
- What is communications, computer, etc. in Faroe Islands?
- Communications, computer, etc. in Faroe Islands was 31.7% in 2011, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest communications, computer, etc. recorded in Faroe Islands?
- The highest recorded value was 37.6% in 2005.
- What is the lowest communications, computer, etc. recorded in Faroe Islands?
- The lowest recorded value was 11.9% in 2003.
- How does Faroe Islands rank for communications, computer, etc.?
- Faroe Islands ranks 74th out of 197 countries with data for 2011.
- Is communications, computer, etc. rising or falling in Faroe Islands?
- Over the last ten years it is up 119.2%. The long-run trend across the full record is rising.
- Where does this Faroe Islands data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Communications, computer, etc. (% of service exports, BoP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Communications, computer, information, and other services cover international telecommunications; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; manufacturing services on physical inputs owned by others; and maintenance and repair services and government services not included elsewhere. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.