Faroe Islands - Transport services exports
Transport services (% of commercial service exports)
The value for Transport services (% of commercial service exports) in Faroe Islands was 40.59 as of 2011. As the graph below shows, over the past 13 years this indicator reached a maximum value of 59.46 in 2008 and a minimum value of 33.75 in 1998.
Definition: Transport services (% of commercial service exports) covers all transport services (sea, air, land, internal waterway, space, and pipeline) performed by residents of one economy for those of another and involving the carriage of passengers, movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Excluded are freight insurance, which is included in insurance services; goods procured in ports by nonresident carriers and repairs of transport equipment, which are included in goods; repairs of railway facilities, harbors, and airfield facilities, which are included in construction services; and rental of carriers without crew, which is included in other services.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 1998 | 33.75 |
| 1999 | 34.74 |
| 2000 | 34.20 |
| 2001 | 39.19 |
| 2002 | 36.12 |
| 2003 | 44.31 |
| 2004 | 42.69 |
| 2005 | 35.72 |
| 2006 | 47.61 |
| 2007 | 53.16 |
| 2008 | 59.46 |
| 2009 | 43.90 |
| 2010 | 45.52 |
| 2011 | 40.59 |
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Exports
