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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: 4,901,000,000
Criminals: 535,657,665
Elderly, Disabled, & Retirees: 678,557,218
Military & Reserves: ? 239,162,435
Students and Youth: 823,368,000
Unemployed but Able: 765,501,018
Working Class: 1,858,753,664
Faroe Islands-0 Government Budget Details
Government Budget: $14,382,434,534,597.59
Government Expenditures: $13,807,137,153,213.69
Goverment Waste: $575,297,381,383.90
Goverment Efficiency: 96%
Faroe Islands-0 Government Spending Breakdown:
Administration: $1,380,713,715,321.37 10%
Social Welfare: $1,518,785,086,853.51 11%
Healthcare: $1,656,856,458,385.64 12%
Education: $1,380,713,715,321.37 10%
Religion & Spirituality: $276,142,743,064.27 2%
Defense: $2,623,356,059,110.60 19%
Law & Order: $1,932,999,201,449.92 14%
Commerce: $552,285,486,128.55 4%
Public Transport: $1,380,713,715,321.37 10%
The Environment: $552,285,486,128.55 4%
Social Equality: $690,356,857,660.69 5%
Faroe Islands-0White Market Economic Statistics ?
Gross Domestic Product: $12,260,000,000,000.00
GDP Per Capita: $2,501.53
Average Salary Per Employee: $4,547.95
Unemployment Rate: 23.56%
Consumption: $43,696,632,700,600.32
Exports: $7,164,582,600,704.00
Imports: $7,047,119,110,144.00
Trade Net: 117,463,490,560.00
Faroe Islands-0 Non Market Statistics ?
Evasion, Black Market, Barter & Crime
Black & Grey Markets Combined: $13,151,631,991,182.73
Avg Annual Criminal's Income / Savings: ? $2,109.30
Recovered Product + Fines & Fees: $1,380,921,359,074.19
Black Market & Non Monetary Trade:
Guns & Weapons: $654,157,243,379.43
Drugs and Pharmaceuticals: $603,837,455,427.17
Extortion & Blackmail: $469,651,354,221.13
Counterfeit Goods: $922,529,445,791.51
Trafficking & Intl Sales: $436,104,828,919.62
Theft & Disappearance: $570,290,930,125.66
Counterfeit Currency & Instruments : $1,123,808,597,600.56
Illegal Mining, Logging, and Hunting : $301,918,727,713.58
Basic Necessitites : $620,610,718,077.92
School Loan Fraud : $402,558,303,618.11
Tax Evasion + Barter Trade : $5,655,201,756,208.57
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: $12,260,000,000,000.00 - 48%
Black & Grey Markets Combined: $13,151,631,991,182.73 - 52%
Real Total Economy: $25,411,631,991,182.73          
Countries of the World Economic Statistics & Links
Gross Regional Product: $12,489,165,748,830,208
Region Wide Imports: $1,720,107,692,720,128
Largest Regional GDP: -For The Future
Largest Regional Importer: -For The Future
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