Communications, computer, etc. in Faroe Islands
Faroe Islands: Communications, computer, etc. was 50.9% 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 imports, BoP.
Analysis
The most recent figure for communications, computer, etc. in Faroe Islands is 50.9%, measured in 2011.
The figure is down 10.4% on the previous year and up 112.8% over ten years.
Over the whole period, communications, computer, etc. in Faroe Islands peaked at 56.8% in 2010 and was at its lowest, 19.1%, in 1998.
That places Faroe Islands 34th out of 198 countries with data for 2011, putting it in the top quarter.
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 imports, BoP | Change |
|---|---|---|
| 1998 | 19.1% | — |
| 1999 | 20.2% | +5.8% |
| 2000 | 28.5% | +41.1% |
| 2001 | 23.9% | -16.0% |
| 2002 | 32.5% | +36.0% |
| 2003 | 29.4% | -9.6% |
| 2004 | 39.9% | +35.7% |
| 2005 | 40.6% | +1.6% |
| 2006 | 40.4% | -0.5% |
| 2007 | 36.4% | -9.8% |
| 2008 | 44.0% | +20.8% |
| 2009 | 52.4% | +19.2% |
| 2010 | 56.8% | +8.4% |
| 2011 | 50.9% | -10.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.6% | 19.1% | 20.2% | 2 |
| 2000s | 36.8% | 23.9% | 52.4% | 10 |
| 2010s | 53.9% | 50.9% | 56.8% | 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 50.9% 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 56.8% in 2010.
- What is the lowest communications, computer, etc. recorded in Faroe Islands?
- The lowest recorded value was 19.1% in 1998.
- How does Faroe Islands rank for communications, computer, etc.?
- Faroe Islands ranks 34th out of 198 countries with data for 2011.
- Is communications, computer, etc. rising or falling in Faroe Islands?
- Over the last ten years it is up 112.8%. 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 imports, 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 imports which are services provided by non-residents to residents.