Faroe Islands Economic Indicators

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GDP and economic growth
Measure
Frequency
Latest value
Reference
Time coverage
billion USD
2.3
2010
annual
2010  -  2010
GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
billion USD
2.83
2017
annual
1998  -  2017
GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
USD
58622.84
2017
annual
1998  -  2017
GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.
USD
48530.23
2010
annual
2010  -  2010
GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars.
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Consumption and investment
Measure
Frequency
Latest value
Reference
Time coverage
percent
21.49
2015
annual
1998  -  2015
Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
billion USD
0.54
2015
annual
1998  -  2015
Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.
percent
49.06
2015
annual
1998  -  2015
Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.
billion USD
1.24
2015
annual
1998  -  2015
Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.
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Money
Measure
Frequency
Latest value
Reference
Time coverage
local currency units per dollar
6.73
2016
annual
1960  -  2016
Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
Local Currency Units per USD
6.2863
Nov/2020
monthly
1/2000 - 11/2020
The amount of local currency units that can be exchanged for one USD. An increase (decrease) means USD appreciation (depreciation).
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International trade and investment
Measure
Frequency
Latest value
Reference
Time coverage
percent
116.97
2018
annual
2000  -  2018
Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2000. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year’s trade values at the Standard International Trade Classification three-digit level as weights. To improve data coverage, especially for the latest periods, UNCTAD constructs a set of average prices indexes at the three-digit product classification of the Standard International Trade Classification revision 3 using UNCTAD’s Commodity Price Statistics, interna­tional and national sources, and UNCTAD secretariat estimates and calculates unit value indexes at the country level using the current year's trade values as weights.
percent
101.60
2015
annual
1998  -  2015
Exports plus imports as percent of GDP.
percent
51.21
2015
annual
1998  -  2015
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.
billion USD
1.29
2015
annual
1998  -  2015
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.
percent
50.39
2015
annual
1998  -  2015
Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.
billion USD
1.27
2015
annual
1998  -  2015
Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.
percent
7.80
2011
annual
1998  -  2011
Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.
billion USD
0.19
2011
annual
1998  -  2011
Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.
percent
0.82
2015
annual
1998  -  2015
External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
billion USD
-0.13
2011
annual
1998  -  2011
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.
percent
5.59
2017
annual
1998  -  2017
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.
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Government
Measure
Frequency
Latest value
Reference
Time coverage
percent
27.82
2017
annual
1998  -  2017
General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.
billion USD
0.79
2017
annual
1998  -  2017
General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.
percent
3.60
2018
annual
1998  -  2018
The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.
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Infrastructure and transport characteristics
Measure
Frequency
Latest value
Reference
Time coverage
percent
97.58
2017
annual
1990  -  2017
Internet users are individuals who have used the Internet (from any location) in the last 3 months. The Internet can be used via a computer, mobile phone, personal digital assistant, games machine, digital TV etc.
subscribers
18181
2018
annual
2001  -  2018
Fixed broadband subscriptions refers to fixed subscriptions to high-speed access to the public Internet (a TCP/IP connection), at downstream speeds equal to, or greater than, 256 kbit/s. This includes cable modem, DSL, fiber-to-the-home/building, other fixed (wired)-broadband subscriptions, satellite broadband and terrestrial fixed wireless broadband. This total is measured irrespective of the method of payment. It excludes subscriptions that have access to data communications (including the Internet) via mobile-cellular networks. It should include fixed WiMAX and any other fixed wireless technologies. It includes both residential subscriptions and subscriptions for organizations.
percent
37.49
2018
annual
2001  -  2018
Fixed broadband subscriptions refers to fixed subscriptions to high-speed access to the public Internet (a TCP/IP connection), at downstream speeds equal to, or greater than, 256 kbit/s. This includes cable modem, DSL, fiber-to-the-home/building, other fixed (wired)-broadband subscriptions, satellite broadband and terrestrial fixed wireless broadband. This total is measured irrespective of the method of payment. It excludes subscriptions that have access to data communications (including the Internet) via mobile-cellular networks. It should include fixed WiMAX and any other fixed wireless technologies. It includes both residential subscriptions and subscriptions for organizations.
million subscribers
0.06
2018
annual
1960  -  2018
Mobile cellular telephone subscriptions are subscriptions to a public mobile telephone service that provide access to the PSTN using cellular technology. The indicator includes (and is split into) the number of postpaid subscriptions, and the number of active prepaid accounts (i.e. that have been used during the last three months). The indicator applies to all mobile cellular subscriptions that offer voice communications. It excludes subscriptions via data cards or USB modems, subscriptions to public mobile data services, private trunked mobile radio, telepoint, radio paging and telemetry services.
subscribers per 100 people
117.10
2018
annual
1960  -  2018
Mobile cellular telephone subscriptions are subscriptions to a public mobile telephone service that provide access to the PSTN using cellular technology. The indicator includes (and is split into) the number of postpaid subscriptions, and the number of active prepaid accounts (i.e. that have been used during the last three months). The indicator applies to all mobile cellular subscriptions that offer voice communications. It excludes subscriptions via data cards or USB modems, subscriptions to public mobile data services, private trunked mobile radio, telepoint, radio paging and telemetry services.
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Energy and environment
Measure
Frequency
Latest value
Reference
Time coverage
percent
7.51
2015
annual
1990  -  2015
Renewable energy consumption is the share of renewables energy in total final energy consumption.
kt
631
2016
annual
1960  -  2016
Carbon dioxide emissions are those stemming from the burning of fossil fuels and the manufacture of cement. They include carbon dioxide produced during consumption of solid, liquid, and gas fuels and gas flaring.
metric tons
13.09
2016
annual
1960  -  2016
Carbon dioxide emissions are those stemming from the burning of fossil fuels and the manufacture of cement. They include carbon dioxide produced during consumption of solid, liquid, and gas fuels and gas flaring.
percent
0.00
2017
annual
1998  -  2017
Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.
percent
0.00
2017
annual
1998  -  2017
Oil rents are the difference between the value of crude oil production at world prices and total costs of production.
percent
0.00
2017
annual
1998  -  2017
Natural gas rents are the difference between the value of natural gas production at world prices and total costs of production.
percent
100.00
2018
annual
1990  -  2018
Access to electricity is the percentage of population with access to electricity. Electrification data are collected from industry, national surveys and international sources.
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Industry: Oil, coal, and electricity
Measure
Frequency
Latest value
Reference
Time coverage
billion barrels
0.00
2020
annual
1980  -  2020
Proved reserves of crude oil are the estimated quantities of all liquids defined as crude oil, which geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from reservoirs under existing economic and operating conditions.
thousand Barrels Per Day
0.00
2019
annual
1980  -  2019
Oil production, thousand barrels per day
thousand barrels per day
4.40
2014
annual
1980  -  2014
Oil consumption (Total petroleum consumption) includes internal consumption, refinery fuel and loss, and bunkering. Also included, where available, is direct combustion of crude oil.
thousand barrels per day
0.00
2014
annual
1986  -  2014
Gasoline production includes production of: conventional gasoline; all types of oxygenated gasoline, including gasohol; and reformulated gasoline; but excludes production of aviation gasoline. Volumetric data on blending components, such as oxygenates, are not counted in data on finished motor gasoline until the blending components are blended into the gasoline.
thousand barrels per day
0.23
2017
annual
1980  -  2017
Gasoline consumption includes the consumption of: conventional gasoline; all types of oxygenated gasoline, including gasohol; and reformulated gasoline; but excludes the consumption of aviation gasoline. Volumetric data on blending components, such as oxygenates, are not counted in the data on finished motor gasoline until the blending components are blended into the gasoline.
thousand barrels per day
0.00
2012
annual
1986  -  2012
Liquefied petroleum gases include ethane, ethylene, propane, propylene, normal butane, butylene, isobutane, and isobutylene. The Liquefied Petroleum Gases production also includes, where data are available, liquefied petroleum gases sold directly from natural gas processing plants for fuel or chemical uses and pentanes plus.
thousand barrels per day
0.00
2012
annual
1986  -  2012
Liquefied petroleum gases include ethane, ethylene, propane, propylene, normal butane, butylene, isobutane, and isobutylene. The Liquefied Petroleum Gases consumption also includes, where data are available, liquefied petroleum gases sold directly from natural gas processing plants for fuel or chemical uses and pentanes plus.
thousand barrels per day
0.00
2014
annual
1986  -  2014
The indicator estimates the volume of jet fuel produced within a country expressed in thousand barrels per day. Jet fuel is a refined petroleum product used in jet aircraft engines and it includes kerosene-type jet fuel and naphtha-type jet fuel.
thousand barrels per day
0.00
2017
annual
1980  -  2017
The indicator estimates the volume of jet fuel consumed within a country expressed in thousand barrels per day. Jet fuel is a refined petroleum product used in jet aircraft engines and it includes kerosene-type jet fuel and naphtha-type jet fuel.
million short tons
0.00
2017
annual
2008  -  2017
Proven reserves of coal in million short tons. A short ton equals exactly 2,000 pounds or 907.18 kilograms.
thousand short tons
0.00
2018
annual
1980  -  2018
Total primary coal production (Coal includes anthracite, subanthracite, bituminous, subbituminous, lignite, brown coal, and oil shale.)
thousand short tons
0.00
2018
annual
1980  -  2018
Coal consumption includes anthracite, subanthracite, bituminous, subbituminous, lignite, brown coal, and oil shale. It also includes net imports of metallurgical coke.
thousand short tons
0.00
2018
annual
1980  -  2018
Amount of foreign coal shipped to the country.
thousand short tons
0.00
2018
annual
1980  -  2018
Amount of coal shipped to foreign destinations.
million kilowatts
0.13
2017
annual
1980  -  2017
Total Electricity Installed Capacity (Million Kilowatts)
billion kilowatthours
0.32
2017
annual
1980  -  2017
Total electricity net generation (Net generation excludes the energy consumed by the generating units)
billion kilowatthours
0.30
2017
annual
1980  -  2017
Total Electricity Net Consumption = total net electricity generation + electricity imports - electricity exports – electricity transmission and distribution losses. Net consumption excludes the energy consumed by the generating units.
billion kilowatthours
0.00
2019
annual
1980  -  2019
Annual import of electricity in billion kWh.
billion kilowatthours
0.00
2019
annual
1980  -  2019
Annual export of electricity in billion kWh.
million kilowatts
0.06
2018
annual
1980  -  2018
Total capacity to produce electricity from renewable resources in million kilowatts.
billion kilowatthours
0.17
2017
annual
1980  -  2017
Total Renewables Electricity Net Generation (Net generation excludes the energy consumed by the generating units and also excludes generation from hydroelectric pumped storage)
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Energy mix
Measure
Frequency
Latest value
Reference
Time coverage
million kilowatts
0.07
2017
annual
1980  -  2017
Installed capacity to produce electricity from fossil fuels including oil, coal, and natural gas.
billion kilowatthours
0.17
2018
annual
1980  -  2018
Billion kilowatthours of electricity generated from fossil fuels including oil, coal, and natural gas.
million kilowatts
0.02
2018
annual
2000  -  2018
Installed capacity to produce electricity from wind in million kilowatts.
billion kilowatthours
0.06
2017
annual
1980  -  2017
Billion kilowatthours of electricity generated from wind.
million kilowatts
0.00
2018
annual
2000  -  2018
Installed capacity to produce electricity from sunlight in million kilowatts.
billion kilowatthours
0.00
2019
annual
1980  -  2019
Billion kilowatthours of electricity generated from sunlight.
million kilowatts
0.04
2018
annual
1980  -  2018
Installed capacity to produce hydroelectricity in million kilowatts.
billion kilowatthours
0.11
2018
annual
1980  -  2018
Hydroelectric generation excludes generation from hydroelectric pumped storage.
million kilowatts
0.00
2019
annual
1980  -  2019
Installed capacity to produce hydroelectricity in million kilowatts.
billion kilowatthours
0.00
2018
annual
1980  -  2018
Nuclear electricity net generation (Net generation excludes the energy consumed by the generating units)
million kilowatts
0.00
2018
annual
2000  -  2018
Installed capacity to produce geothermal electricity in million kilowatts.
billion kilowatthours
0.00
2019
annual
1980  -  2019
Billion kilowatthours of geothermal electricity generated.
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Agriculture sector
Measure
Frequency
Latest value
Reference
Time coverage
percent
0.1
2016
annual
1990  -  2016
Forest area is land under natural or planted stands of trees of at least 5 meters in situ, whether productive or not, and excludes tree stands in agricultural production systems (for example, in fruit plantations and agroforestry systems) and trees in urban parks and gardens.
percent
2.15
2016
annual
1961  -  2016
Agricultural land refers to the share of land area that is arable, under permanent crops, and under permanent pastures. Arable land includes land defined by the FAO as land under temporary crops (double-cropped areas are counted once), temporary meadows for mowing or for pasture, land under market or kitchen gardens, and land temporarily fallow. Land abandoned as a result of shifting cultivation is excluded. Land under permanent crops is land cultivated with crops that occupy the land for long periods and need not be replanted after each harvest, such as cocoa, coffee, and rubber. This category includes land under flowering shrubs, fruit trees, nut trees, and vines, but excludes land under trees grown for wood or timber. Permanent pasture is land used for five or more years for forage, including natural and cultivated crops.
percent
19.28
2017
annual
1998  -  2017
Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.
billion USD
0.55
2017
annual
1998  -  2017
Agriculture corresponds to International Standard Industrial Classification (ISIC) divisions 1-5, while the origin of value added is determined by the ISIC, revision 3. Agriculture value added is the net output of the agriculture sector, including forestry, hunting and fishing, and cultivation of crops and livestock production, after adding up all outputs and subtracting intermediate inputs. Deductions for depreciation of fabricated assets and depletion and degradation of natural resources are not included in the calculation. Values are in billion U.S. dollars.
sq. km.
30
2016
annual
1961  -  2016
Agricultural land refers to the share of land area that is arable, under permanent crops, and under permanent pastures. Arable land includes land defined by the FAO as land under temporary crops (double-cropped areas are counted once), temporary meadows for mowing or for pasture, land under market or kitchen gardens, and land temporarily fallow. Land abandoned as a result of shifting cultivation is excluded. Land under permanent crops is land cultivated with crops that occupy the land for long periods and need not be replanted after each harvest, such as cocoa, coffee, and rubber. This category includes land under flowering shrubs, fruit trees, nut trees, and vines, but excludes land under trees grown for wood or timber. Permanent pasture is land used for five or more years for forage, including natural and cultivated crops.
index points
104.1
2016
annual
1961  -  2016
Crop production index shows agricultural production for each year relative to the base period 2004-2006. It includes all crops except fodder crops. Regional and income group aggregates for the FAO's production indexes are calculated from the underlying values in international dollars, normalized to the base period 2004-2006.
percent
2.1
2016
annual
1961  -  2016
Arable land includes land defined by the FAO as land under temporary crops (double-cropped areas are counted once), temporary meadows for mowing or for pasture, land under market or kitchen gardens, and land temporarily fallow. Land abandoned as a result of shifting cultivation is excluded.
index points
100.7
2016
annual
1961  -  2016
Food production index covers food crops that are considered edible and that contain nutrients. Coffee and tea are excluded because, although edible, they have no nutritive value.
index points
100.2
2016
annual
1966  -  2016
Livestock production index includes meat and milk from all sources, dairy products such as cheese, and eggs, honey, raw silk, wool, and hides and skins.
sq. km
0.8
2016
annual
1990  -  2016
Forest area is land under natural or planted stands of trees of at least 5 meters in situ, whether productive or not, and excludes tree stands in agricultural production systems (for example, in fruit plantations and agroforestry systems) and trees in urban parks and gardens.
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Innovation measures
Measure
Frequency
Latest value
Reference
Time coverage
percent
0.86
2003
annual
2003  -  2003
Gross domestic expenditures on research and development (R&D), expressed as a percent of GDP. They include both capital and current expenditures in the four main sectors: Business enterprise, Government, Higher education and Private non-profit. R&D covers basic research, applied research, and experimental development.
percent
0.02
2009
annual
2006  -  2009
Information and communication technology goods exports include computers and peripheral equipment, communication equipment, consumer electronic equipment, electronic components, and other information and technology goods (miscellaneous).
million USD
0.36
2009
annual
2007  -  2009
High-technology exports are products with high R&D intensity, such as aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars.
percent
0.64
2009
annual
2007  -  2009
High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery.
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Demographics
Measure
Frequency
Latest value
Reference
Time coverage
million
0.05
2019
annual
1960  -  2019
Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. The values shown are midyear estimates.
percent
42.22
2019
annual
1960  -  2019
Urban population refers to people living in urban areas as defined by national statistical offices. The data are collected and smoothed by United Nations Population Division.
people per square km
35
2018
annual
1961  -  2018
Population density is midyear population divided by land area in square kilometers. Population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship--except for refugees not permanently settled in the country of asylum, who are generally considered part of the population of their country of origin. Land area is a country's total area, excluding area under inland water bodies, national claims to continental shelf, and exclusive economic zones. In most cases the definition of inland water bodies includes major rivers and lakes.
percent
57.78
2019
annual
1960  -  2019
Rural population refers to people living in rural areas as defined by national statistical offices. It is calculated as the difference between total population and urban population.
percent
11
2015
annual
1990  -  2015
International migrant stock is the number of people born in a country other than that in which they live. It also includes refugees. The data used to estimate the international migrant stock at a particular time are obtained mainly from population censuses. The estimates are derived from the data on foreign-born population--people who have residence in one country but were born in another country. When data on the foreign-born population are not available, data on foreign population--that is, people who are citizens of a country other than the country in which they reside--are used as estimates. After the breakup of the Soviet Union in 1991 people living in one of the newly independent countries who were born in another were classified as international migrants. Estimates of migrant stock in the newly independent states from 1990 on are based on the 1989 census of the Soviet Union. For countries with information on the international migrant stock for at least two points in time, interpolation or extrapolation was used to estimate the international migrant stock on July 1 of the reference years. For countries with only one observation, estimates for the reference years were derived using rates of change in the migrant stock in the years preceding or following the single observation available. A model was used to estimate migrants for countries that had no data.
percent
0.34
2018
annual
1960  -  2018
Annual population growth rate for year t is the exponential rate of growth of midyear population from year t-1 to t, expressed as a percentage . Population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship.
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Health spending and outcomes
Measure
Frequency
Latest value
Reference
Time coverage
years
82.55
2018
annual
1973  -  2018
Life expectancy at birth indicates the number of years a newborn infant would live if prevailing patterns of mortality at the time of its birth were to stay the same throughout its life.
births per 1000 people
13.40
2018
annual
1970  -  2018
Crude birth rate indicates the number of live births occurring during the year, per 1,000 population estimated at midyear. Subtracting the crude death rate from the crude birth rate provides the rate of natural increase, which is equal to the rate of population change in the absence of migration.
deaths per 1000 people
7.70
2018
annual
1970  -  2018
Crude death rate indicates the number of deaths occurring during the year, per 1,000 population estimated at midyear. Subtracting the crude death rate from the crude birth rate provides the rate of natural increase, which is equal to the rate of population change in the absence of migration.
births per woman
2.50
2018
annual
1970  -  2018
Total fertility rate represents the number of children that would be born to a woman if she were to live to the end of her childbearing years and bear children in accordance with age-specific fertility rates of the specified year.
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Globalization indexes
Measure
Frequency
Latest value
Reference
Time coverage
points
42.92
2017
annual
1970  -  2017
The overall index of globalization covers the economic, social, and political dimensions of globalization. Higher values denote greater globalization. More information and the original data can be obtained here.
points
4.35
2017
annual
1970  -  2017
The degree of political globalization is determined by the number of embassies and high commissions in a country, the number of international organizations to which the country is a member, the number of UN peace missions a country participated in, and the number of treaties signed between two or more states. More information and the original data can be obtained here.
points
84.78
2017
annual
1970  -  2017
Social globalization has three dimensions: personal contacts, information flows, and cultural proximity. The sub-index on personal contacts includes international telecom traffic, degree of tourism, transfers, foreign population, and number of international letters. The sub-index on information flows includes number of internet users, share of households with a television set, and trade in newspapers. The sub-index on cultural proximity includes trade in books and number of McDonald’s restaurants and Ikea located in a country. More information and the original data can be obtained here.
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Shares of world totals
Measure
Frequency
Latest value
Reference
Time coverage
percent
0.00
2018
annual
1960  -  2018
The population share of a particular country is measured as its population as percent of the total world population in a given year. Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship--except for refugees not permanently settled in the country of asylum, who are generally considered part of the population of their country of origin. The values shown are midyear estimates.
percent
0.00
2017
annual
1998  -  2017
We calculated the world GDP as the sum of the GDP of all countries expressed in current USD. The share of GDP is the GDP of a particular country as percent of the world GDP. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
percent
0.01
2015
annual
1998  -  2015
The share of world exports equals the exports of a particular country as percent of the total exports of all countries around the world. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.
percent
0.01
2015
annual
1998  -  2015
The share of world exports equals the exports of a particular country as percent of the total exports of all countries around the world. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.
percent
0.00
2018
annual
1980  -  2018
The share of world oil reserves is calculated as the proven oil reserves of a country as percent of the total proven oil reserves for the world.
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Economic structure
Measure
Frequency
Latest value
Reference
Time coverage
percent
16.64
2017
annual
1998  -  2017
Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.
percent
5.91
2017
annual
1998  -  2017
Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.
percent
52.64
2017
annual
1998  -  2017
Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.
billion USD
0.47
2017
annual
1998  -  2017
Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.
billion USD
0.17
2017
annual
1998  -  2017
Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.
percent
26.13
2011
annual
1998  -  2011
Gross savings are calculated as gross national income less total consumption, plus net transfers.
billion USD
0.65
2011
annual
1998  -  2011
Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.
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Crime statistics
Measure
Frequency
Latest value
Reference
Time coverage
prisoners per 100,000 people
12
2017
annual
2005  -  2017
Number of prisoners per 100,000 people.
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Other indicators
Measure
Frequency
Latest value
Reference
Time coverage
sq. km
1396
2018
annual
1961  -  2018
Land area is a country's total area, excluding area under inland water bodies, national claims to continental shelf, and exclusive economic zones. In most cases the definition of inland water bodies includes major rivers and lakes.
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