Faroe Islands - Insurance and financial services imports
Insurance and financial services (% of commercial service imports)
The value for Insurance and financial services (% of commercial service imports) in Faroe Islands was 0.82 as of 2011. As the graph below shows, over the past 13 years this indicator reached a maximum value of 10.31 in 1998 and a minimum value of 0.82 in 2011.
Definition: Insurance and financial services cover freight insurance on goods imported and other direct insurance such as life insurance; financial intermediation services such as commissions, foreign exchange transactions, and brokerage services; and auxiliary services such as financial market operational and regulatory services.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 1998 | 10.31 |
| 1999 | 9.93 |
| 2000 | 8.63 |
| 2001 | 10.11 |
| 2002 | 9.04 |
| 2003 | 5.17 |
| 2004 | 3.14 |
| 2005 | 2.34 |
| 2006 | 2.04 |
| 2007 | 1.03 |
| 2008 | 1.42 |
| 2009 | 1.70 |
| 2010 | 1.49 |
| 2011 | 0.82 |
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Imports
