Service exports in the Faroe Islands in 2011 — 206,807,177 US$. Ranked 160 in the world out of 187. Since 1998, the indicator has risen by 305.3%.
1998–2011 · US$
How the value compares with the world and the groups this territory belongs to: Faroe Islands
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2011 | 207M | +16.13M | +8.46% |
| 2010 | 191M | +20.71M | +12.19% |
| 2009 | 170M | −81.91M | −32.52% |
| 2008 | 252M | +37.44M | +17.46% |
| 2007 | 214M | +39.92M | +22.87% |
| 2006 | 175M | +42.01M | +31.7% |
| 2005 | 133M | +46.21M | +53.55% |
| 2004 | 86.3M | +8.77M | +11.31% |
| 2003 | 77.53M | +6.25M | +8.77% |
| 2002 | 71.28M | +14.44M | +25.4% |
| 2001 | 56.84M | +2.87M | +5.32% |
| 2000 | 53.97M | −1.58M | −2.84% |
| 1999 | 55.55M | +4.53M | +8.88% |
| 1998 | 51.02M | — | — |
The same indicator for neighboring countries — with links to their pages
Exports of services: travel and tourism, transport, communications, insurance, financial and business services, royalties, computer and information services. For dozens of countries this flow is larger than merchandise exports, and not only for the obvious tourist destinations: India, Ireland and the Philippines ended up near the top of the list on software and business services. Services, unlike goods, do not pass through customs, so they are estimated from banking and survey statistics and are measured less precisely.
Important: It serves as the denominator for the share of ICT services in service exports. It excludes investment income and compensation of employees — those are counted separately, in the primary income account.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much a country buys in services abroad — from freight to the trips of its own citizens.
Internet ICT service exports, US$How much a country earns on exports of computer, information and telecommunications services.
Trade Exports of goods and servicesThe value of goods shipped out and of services provided to non-residents, in US dollars.
