Iceland IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services

Iceland IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services data was reported at 5,502.900 ISK mn in 2023. This records a decrease from the previous number of 9,316.700 ISK mn for 2022. Iceland IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services data is updated yearly, averaging 5,502.900 ISK mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 9,966.500 ISK mn in 2019 and a record low of 2,458.000 ISK mn in 2020. Iceland IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: by Services: OECD Member: Annual. MSITS 2010 recommends that the BPM6 component telecommunications, computer, and information services be further disaggregated into three sub-components:  telecommunications services, computer services and information services.Computer services and telecommunications services are defined in terms of the nature of the service, not the method of delivery. To illustrate, provision of business services, such as accounting services, is included under the appropriate sub-component of other business  services even if these services are entirely delivered by computers or the Internet. Only amounts payable for transmission should be included under telecommunications services. Downloaded content is included in the appropriate services items.Telecommunications services covers the broadcast or transmission of sound, images, data, or other information by telephone, telex, telegram, radio and television cable transmission, radio and television satellite, electronic mail, facsimile, etc., and includes business network services, teleconferencing and support services. It does not include the value of the information transported. Also included are mobile telecommunications services, Internet backbone services and online access services, including the provision of access to the Internet. Excluded are installation services for telephone network equipment (included in construction), and database services (included in information services).Computer services consists of hardware- and software-related services and dataprocessing services. Some forms of software are classified under goods. EBOPS 2010 proposes a complementary grouping, computer software transactions, covering all transactions relating to computer software, be it services or goods transactions; and recommends the breakdown of computer services into computer software and other computer services.

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What was Iceland's Iceland IS: Trade Balance: All Services: Telecommunications, Computer, And Information Services in 2023?

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