Computer, communications and other services in Faroe Islands
Faroe Islands: Computer, communications and other services was 38.7% in 2011. ▲ Rising
Computer, communications and other services in Faroe Islands, 1998–2011
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
The most recent figure for computer, communications and other services in Faroe Islands is 38.7%, measured in 2011. That is the highest value across all 14 years on record.
That represents a change of up 21.6% on the previous year and up 168.7% over ten years.
Over the whole period, computer, communications and other services in Faroe Islands peaked at 38.7% in 2011 and was at its lowest, 11.8%, in 2003.
That places Faroe Islands 81st out of 198 countries with data for 2011, putting it in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Computer, communications and other services in Faroe Islands, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1998 | 14.9% | — |
| 1999 | 14.3% | -4.1% |
| 2000 | 12.3% | -14.0% |
| 2001 | 14.4% | +17.2% |
| 2002 | 15.5% | +7.4% |
| 2003 | 11.8% | -23.9% |
| 2004 | 14.0% | +18.8% |
| 2005 | 38.2% | +172.7% |
| 2006 | 27.3% | -28.4% |
| 2007 | 18.0% | -34.0% |
| 2008 | 14.9% | -17.3% |
| 2009 | 30.6% | +105.2% |
| 2010 | 31.8% | +4.0% |
| 2011 | 38.7% | +21.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.6% | 14.3% | 14.9% | 2 |
| 2000s | 19.7% | 11.8% | 38.2% | 10 |
| 2010s | 35.3% | 31.8% | 38.7% | 2 |
Countries ranked near Faroe Islands
More private sector data for Faroe Islands
- Merchandise trade 80.8% (2024)
- Food imports 17.1% (2009)
- Manufactures imports 62.3% (2009)
- Merchandise imports 1.67 billion current US$ (2025)
- Food exports 88.0% (2009)
- Manufactures exports 7.4% (2009)
- Merchandise exports 2.06 billion current US$ (2025)
- Merchandise exports (current US$), per capita 37,577 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4389 current US$ per US$ of GDP (2024)
- Merchandise exports (current US$), annual growth rate 15.96 % change on previous year (2025)
Frequently asked questions
- What is computer, communications and other services in Faroe Islands?
- Computer, communications and other services in Faroe Islands was 38.7% in 2011, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest computer, communications and other services recorded in Faroe Islands?
- The highest recorded value was 38.7% in 2011.
- What is the lowest computer, communications and other services recorded in Faroe Islands?
- The lowest recorded value was 11.8% in 2003.
- How does Faroe Islands rank for computer, communications and other services?
- Faroe Islands ranks 81st out of 198 countries with data for 2011.
- Is computer, communications and other services rising or falling in Faroe Islands?
- Over the last ten years it is up 168.7%. 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 Computer, communications and other services (% of commercial service exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Computer, communications and other services 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. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.