Computer, communications and other services in Faroe Islands
Faroe Islands: Computer, communications and other services was 50.9% 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 imports.
Analysis
In 2011, computer, communications and other services in Faroe Islands stood at 50.9%.
That represents a change of down 10.4% on the previous year and up 116.4% over ten years.
Over the whole period, computer, communications and other services in Faroe Islands peaked at 56.8% in 2010 and was at its lowest, 18.7%, in 1998.
Faroe Islands ranks 45th of 198 countries on this measure, in the top quarter.
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 imports | Change |
|---|---|---|
| 1998 | 18.7% | — |
| 1999 | 20.7% | +10.3% |
| 2000 | 28.1% | +35.9% |
| 2001 | 23.5% | -16.2% |
| 2002 | 32.2% | +36.8% |
| 2003 | 28.7% | -10.7% |
| 2004 | 39.9% | +38.9% |
| 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 | 19.7% | 18.7% | 20.7% | 2 |
| 2000s | 36.6% | 23.5% | 52.4% | 10 |
| 2010s | 53.9% | 50.9% | 56.8% | 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 50.9% 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 56.8% in 2010.
- What is the lowest computer, communications and other services recorded in Faroe Islands?
- The lowest recorded value was 18.7% in 1998.
- How does Faroe Islands rank for computer, communications and other services?
- Faroe Islands ranks 45th 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 116.4%. 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 imports). Statizoid updates them automatically from the source API.
Download this data
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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 imports which are commercial services provided by non-residents to residents.