Faroe Islands FO: BOP: Current Account: Imports: Service: Travel: % of Service Imports

Faroe Islands FO: BOP: Current Account: Imports: Service: Travel: % of Service Imports data was reported at 24.439 % in 2011. This records an increase from the previous number of 19.813 % for 2010. Faroe Islands FO: BOP: Current Account: Imports: Service: Travel: % of Service Imports data is updated yearly, averaging 32.374 % from Dec 1998 (Median) to 2011, with 14 observations. The data reached an all-time high of 38.761 % in 2003 and a record low of 19.813 % in 2010. Faroe Islands FO: BOP: Current Account: Imports: Service: Travel: % of Service Imports 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. Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; 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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