Faroe Islands: Imports of goods and services, billion USD
For that indicator, The World Bank provides data for the Faroe Islands from 1998 to 2015. The average value for the Faroe Islands during that period was 1.02 billion U.S. dollars with a minumum of 0.46 billion U.S. dollars in 1998 and a maximum of 1.5 billion U.S. dollars in 2013.
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Definition: 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.