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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: Gambling
National Animal: dolphin
Faroe Islands-0 Demographics
Total Population: 1,954,000,000
Criminals: 218,598,836
Elderly, Disabled, & Retirees: 271,365,581
Military & Reserves: ? 74,512,298
Students and Youth: 327,295,000
Unemployed but Able: 308,826,162
Working Class: 753,402,122
Faroe Islands-0 Government Budget Details
Government Budget: $4,052,809,470,223.32
Government Expenditures: $3,890,697,091,414.39
Goverment Waste: $162,112,378,808.93
Goverment Efficiency: 96%
Faroe Islands-0 Government Spending Breakdown:
Administration: $389,069,709,141.44 10%
Social Welfare: $427,976,680,055.58 11%
Healthcare: $427,976,680,055.58 11%
Education: $389,069,709,141.44 10%
Religion & Spirituality: $116,720,912,742.43 3%
Defense: $583,604,563,712.16 15%
Law & Order: $583,604,563,712.16 15%
Commerce: $155,627,883,656.58 4%
Public Transport: $389,069,709,141.44 10%
The Environment: $155,627,883,656.58 4%
Social Equality: $194,534,854,570.72 5%
Faroe Islands-0White Market Economic Statistics ?
Gross Domestic Product: $3,418,410,000,000.00
GDP Per Capita: $1,749.44
Average Salary Per Employee: $3,068.10
Unemployment Rate: 24.34%
Consumption: $12,966,305,516,748.80
Exports: $2,071,636,755,456.00
Imports: $2,086,288,883,712.00
Trade Net: -14,652,128,256.00
Faroe Islands-0 Non Market Statistics ?
Evasion, Black Market, Barter & Crime
Black & Grey Markets Combined: $3,615,796,159,982.23
Avg Annual Criminal's Income / Savings: ? $1,378.40
Recovered Product + Fines & Fees: $406,777,067,998.00
Black Market & Non Monetary Trade:
Guns & Weapons: $144,044,844,491.44
Drugs and Pharmaceuticals: $160,049,827,212.71
Extortion & Blackmail: $128,039,861,770.17
Counterfeit Goods: $242,361,166,922.11
Trafficking & Intl Sales: $123,467,009,564.09
Theft & Disappearance: $146,331,270,594.48
Counterfeit Currency & Instruments : $297,235,393,395.04
Illegal Mining, Logging, and Hunting : $82,311,339,709.40
Basic Necessitites : $169,195,531,624.87
School Loan Fraud : $109,748,452,945.86
Tax Evasion + Barter Trade : $1,554,792,348,792.36
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: $3,418,410,000,000.00 - 49%
Black & Grey Markets Combined: $3,615,796,159,982.23 - 51%
Real Total Economy: $7,034,206,159,982.24          
Countries of the World Economic Statistics & Links
Gross Regional Product: $3,989,165,624,524,800
Region Wide Imports: $541,749,290,205,184
Largest Regional GDP: -For The Future
Largest Regional Importer: -For The Future
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