Faroe Islands: High tech exports
* indicates monthly or quarterly data series
| Faroe Islands |
High technology exports |
|---|---|
| Latest value | 0.36 |
| Year | 2009 |
| Measure | million U.S. dollars |
| Data availability | 2007 - 2009 |
| Average | 2.31 |
| Min - Max | 0.14 - 6.44 |
| Source | The United Nations |
The latest value from 2009 is 0.36 million U.S. dollars, a decline from 6.44 million U.S. dollars in 2008. In comparison, the world average is 12956.93 million U.S. dollars, based on data from 129 countries. Historically, the average for the Faroe Islands from 2007 to 2009 is 2.31 million U.S. dollars. The minimum value, 0.14 million U.S. dollars, was reached in 2007 while the maximum of 6.44 million U.S. dollars was recorded in 2008.
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Definition: 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.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Research and development expenditure | 0.85 | 2003 | percent |
| Information technology exports | 0.02 | 2009 | percent |
| High tech exports | 0.36 | 2009 | million U.S. dollars |
| High tech exports, percent of manufactured exports | 0.64 | 2009 | percent |