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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: Law & Order
Economic Rating: Good
Civil Rights Rating: Good
Political Freedoms: Good
Income Tax Rate: 15%
Consumer Confidence Rate: 101%
Worker Enthusiasm Rate: 103%
Major Industry: Cheese Exports
National Animal: dolphin
Faroe Islands-0 Demographics
Total Population: 2,625,000,000
Criminals: 293,665,778
Elderly, Disabled, & Retirees: 364,552,007
Military & Reserves: ? 100,099,607
Students and Youth: 439,687,500
Unemployed but Able: 414,876,860
Working Class: 1,012,118,248
Faroe Islands-0 Government Budget Details
Government Budget: $5,444,536,845,792.71
Government Expenditures: $5,226,755,371,961.00
Goverment Waste: $217,781,473,831.71
Goverment Efficiency: 96%
Faroe Islands-0 Government Spending Breakdown:
Administration: $522,675,537,196.10 10%
Social Welfare: $574,943,090,915.71 11%
Healthcare: $574,943,090,915.71 11%
Education: $522,675,537,196.10 10%
Religion & Spirituality: $156,802,661,158.83 3%
Defense: $784,013,305,794.15 15%
Law & Order: $784,013,305,794.15 15%
Commerce: $209,070,214,878.44 4%
Public Transport: $522,675,537,196.10 10%
The Environment: $209,070,214,878.44 4%
Social Equality: $261,337,768,598.05 5%
Faroe Islands-0White Market Economic Statistics ?
Gross Domestic Product: $4,592,140,000,000.00
GDP Per Capita: $1,749.39
Average Salary Per Employee: $3,068.00
Unemployment Rate: 24.34%
Consumption: $17,418,911,167,283.20
Exports: $2,782,888,505,344.00
Imports: $2,802,716,508,160.00
Trade Net: -19,828,002,816.00
Faroe Islands-0 Non Market Statistics ?
Evasion, Black Market, Barter & Crime
Black & Grey Markets Combined: $4,857,453,962,377.93
Avg Annual Criminal's Income / Savings: ? $1,378.40
Recovered Product + Fines & Fees: $546,463,570,767.52
Black Market & Non Monetary Trade:
Guns & Weapons: $193,509,581,203.41
Drugs and Pharmaceuticals: $215,010,645,781.57
Extortion & Blackmail: $172,008,516,625.26
Counterfeit Goods: $325,587,549,326.38
Trafficking & Intl Sales: $165,865,355,317.21
Theft & Disappearance: $196,581,161,857.44
Counterfeit Currency & Instruments : $399,305,485,022.91
Illegal Mining, Logging, and Hunting : $110,576,903,544.81
Basic Necessitites : $227,296,968,397.66
School Loan Fraud : $147,435,871,393.08
Tax Evasion + Barter Trade : $2,088,705,203,822.51
Faroe Islands-0 Total Market Statistics ?
National Currency: lira
Exchange Rates: 1 lira = $0.18
  $1 = 5.55 liras
  Regional Exchange Rates
Gross Domestic Product: $4,592,140,000,000.00 - 49%
Black & Grey Markets Combined: $4,857,453,962,377.93 - 51%
Real Total Economy: $9,449,593,962,377.93          
Countries of the World Economic Statistics & Links
Gross Regional Product: $5,469,937,741,070,336
Region Wide Imports: $742,807,211,868,160
Largest Regional GDP: -For The Future
Largest Regional Importer: -For The Future
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