Faroe Islands FO: BOP: Current Account: Trade in Services: % of GDP

Faroe Islands FO: BOP: Current Account: Trade in Services: % of GDP data was reported at 24.345 % in 2011. This records an increase from the previous number of 24.196 % for 2010. Faroe Islands FO: BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 18.481 % from Dec 1998 (Median) to 2011, with 14 observations. The data reached an all-time high of 26.261 % in 2008 and a record low of 12.817 % in 1998. Faroe Islands FO: BOP: Current Account: Trade in Services: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Faroe Islands – Table FO.World Bank: Balance of Payments: Current Account. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted Average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

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