Faroe Islands - Commercial service exports

Commercial service exports (current US$)

The value for Commercial service exports (current US$) in Faroe Islands was 206,807,200 as of 2011. As the graph below shows, over the past 13 years this indicator reached a maximum value of 251,881,100 in 2008 and a minimum value of 51,020,000 in 1998.

Definition: Commercial service exports are total service exports minus exports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1998 51,020,000
1999 55,500,000
2000 53,950,000
2001 56,800,000
2002 71,240,000
2003 77,450,000
2004 86,300,430
2005 132,511,400
2006 174,523,400
2007 214,443,500
2008 251,881,100
2009 169,966,500
2010 190,680,800
2011 206,807,200

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports