Faroe Islands: High tech exports, percent of manufactured exports

The latest value from 2009 is 0.64 percent, a decline from 4.8 percent in 2008. In comparison, the world average is 10.75 percent, based on data from 128 countries. Historically, the average for the Faroe Islands from 2007 to 2009 is 1.97 percent. The minimum value, 0.48 percent, was reached in 2007 while the maximum of 4.8 percent was recorded in 2008. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery.