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The Republic of Faroe Island

The Republic of Faroe Islands-0

Strength Through Compliance

Region: Countries of the World
Quicksearch Query: Faroe Islands-0

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Faroe Islands-0 Domestic Statistics
Government Category: Republic
Government Priority: Defence
Economic Rating: Strong
Civil Rights Rating: Good
Political Freedoms: Good
Income Tax Rate: 16%
Consumer Confidence Rate: 102%
Worker Enthusiasm Rate: 104%
Major Industry: Woodchip Exports
National Animal: dolphin
Faroe Islands-0 Demographics
Total Population: 5,153,000,000
Criminals: 563,316,228
Elderly, Disabled, & Retirees: 713,443,909
Military & Reserves: ? 251,437,337
Students and Youth: 865,704,000
Unemployed but Able: 804,945,184
Working Class: 1,954,153,341
Faroe Islands-0 Government Budget Details
Government Budget: $15,121,951,624,349.62
Government Expenditures: $14,517,073,559,375.63
Goverment Waste: $604,878,064,973.98
Goverment Efficiency: 96%
Faroe Islands-0 Government Spending Breakdown:
Administration: $1,451,707,355,937.56 10%
Social Welfare: $1,596,878,091,531.32 11%
Healthcare: $1,742,048,827,125.08 12%
Education: $1,451,707,355,937.56 10%
Religion & Spirituality: $290,341,471,187.51 2%
Defense: $2,758,243,976,281.37 19%
Law & Order: $2,032,390,298,312.59 14%
Commerce: $580,682,942,375.03 4%
Public Transport: $1,451,707,355,937.56 10%
The Environment: $580,682,942,375.03 4%
Social Equality: $725,853,677,968.78 5%
Faroe Islands-0White Market Economic Statistics ?
Gross Domestic Product: $12,856,200,000,000.00
GDP Per Capita: $2,494.90
Average Salary Per Employee: $4,536.29
Unemployment Rate: 23.57%
Consumption: $45,943,429,414,256.64
Exports: $7,498,850,254,848.00
Imports: $7,409,468,178,432.00
Trade Net: 89,382,076,416.00
Faroe Islands-0 Non Market Statistics ?
Evasion, Black Market, Barter & Crime
Black & Grey Markets Combined: $13,827,863,584,117.37
Avg Annual Criminal's Income / Savings: ? $2,108.87
Recovered Product + Fines & Fees: $1,451,925,676,332.32
Black Market & Non Monetary Trade:
Guns & Weapons: $687,792,749,225.15
Drugs and Pharmaceuticals: $634,885,614,669.37
Extortion & Blackmail: $493,799,922,520.62
Counterfeit Goods: $969,964,133,522.65
Trafficking & Intl Sales: $458,528,499,483.44
Theft & Disappearance: $599,614,191,632.19
Counterfeit Currency & Instruments : $1,181,592,671,745.78
Illegal Mining, Logging, and Hunting : $317,442,807,334.69
Basic Necessitites : $652,521,326,187.97
School Loan Fraud : $423,257,076,446.25
Tax Evasion + Barter Trade : $5,945,981,341,170.47
Faroe Islands-0 Total Market Statistics ?
National Currency: lira
Exchange Rates: 1 lira = $0.25
  $1 = 4.02 liras
  Regional Exchange Rates
Gross Domestic Product: $12,856,200,000,000.00 - 48%
Black & Grey Markets Combined: $13,827,863,584,117.37 - 52%
Real Total Economy: $26,684,063,584,117.37          
Countries of the World Economic Statistics & Links
Gross Regional Product: $14,414,049,831,813,120
Region Wide Imports: $1,976,225,853,603,840
Largest Regional GDP: -For The Future
Largest Regional Importer: -For The Future
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