Faroe Islands FO: BOP: Current Account: Net Trade: Goods and Services

Faroe Islands FO: BOP: Current Account: Net Trade: Goods and Services data was reported at -130.430 USD mn in 2011. This records a decrease from the previous number of -85.019 USD mn for 2010. Faroe Islands FO: BOP: Current Account: Net Trade: Goods and Services data is updated yearly, averaging -107.725 USD mn from Dec 1998 (Median) to 2011, with 14 observations. The data reached an all-time high of 29.560 USD mn in 1998 and a record low of -370.322 USD mn in 2007. Faroe Islands FO: BOP: Current Account: Net Trade: Goods and Services 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. Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; 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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