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Faeroe Islands

Faeroe Islands Exports Stats

Definitions

  • Computer, communications and other services > % of commercial service exports: Computer, communications and other services (% of commercial service exports). Computer, communications and other services (% of commercial service exports) include such activities as international telecommunications, and postal and courier services; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; and personal, cultural, and recreational services.
  • Exports of goods, services and primary income > BoP, current US$: Exports of goods, services and primary income (BoP, current US$). Exports of goods, services and primary income is the sum of goods exports, service exports and primary income receipts. Data are in current U.S. dollars.
  • High-technology exports > Current US$ per capita: High-technology exports (current US$). High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • High-technology exports > Current US$, % of GDP: High-technology exports (current US$). High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Transport services > % of service exports, BoP: Transport services (% of service exports, BoP). Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).
STAT AMOUNT DATE RANK HISTORY
Computer, communications and other services > % of commercial service exports 31.83% 2010 73th out of 168
Exports of goods, services and primary income > BoP, current US$ $1.45 billion 2011 136th out of 158
High-technology exports > Current US$ per capita $6.98 2009 82nd out of 152
High-technology exports > Current US$, % of GDP 0.0158% 2009 126th out of 148
Transport services > % of service exports, BoP 45.52% 2010 16th out of 167

SOURCES: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators.; United Nations, Comtrade database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations, Comtrade database. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.

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