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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: 4,716,000,000
Criminals: 515,409,520
Elderly, Disabled, & Retirees: 652,944,286
Military & Reserves: ? 230,140,161
Students and Youth: 792,288,000
Unemployed but Able: 736,584,854
Working Class: 1,788,633,180
Faroe Islands-0 Government Budget Details
Government Budget: $13,839,535,764,846.67
Government Expenditures: $13,285,954,334,252.81
Goverment Waste: $553,581,430,593.87
Goverment Efficiency: 96%
Faroe Islands-0 Government Spending Breakdown:
Administration: $1,328,595,433,425.28 10%
Social Welfare: $1,461,454,976,767.81 11%
Healthcare: $1,594,314,520,110.34 12%
Education: $1,328,595,433,425.28 10%
Religion & Spirituality: $265,719,086,685.06 2%
Defense: $2,524,331,323,508.03 19%
Law & Order: $1,860,033,606,795.39 14%
Commerce: $531,438,173,370.11 4%
Public Transport: $1,328,595,433,425.28 10%
The Environment: $531,438,173,370.11 4%
Social Equality: $664,297,716,712.64 5%
Faroe Islands-0White Market Economic Statistics ?
Gross Domestic Product: $11,805,600,000,000.00
GDP Per Capita: $2,503.31
Average Salary Per Employee: $4,551.07
Unemployment Rate: 23.56%
Consumption: $42,047,200,674,447.36
Exports: $6,902,526,328,832.00
Imports: $6,781,108,486,144.00
Trade Net: 121,417,842,688.00
Faroe Islands-0 Non Market Statistics ?
Evasion, Black Market, Barter & Crime
Black & Grey Markets Combined: $12,655,192,754,066.49
Avg Annual Criminal's Income / Savings: ? $2,109.42
Recovered Product + Fines & Fees: $1,328,795,239,176.98
Black Market & Non Monetary Trade:
Guns & Weapons: $629,464,541,889.99
Drugs and Pharmaceuticals: $581,044,192,513.83
Extortion & Blackmail: $451,923,260,844.09
Counterfeit Goods: $887,706,405,229.47
Trafficking & Intl Sales: $419,643,027,926.66
Theft & Disappearance: $548,763,959,596.40
Counterfeit Currency & Instruments : $1,081,387,802,734.08
Illegal Mining, Logging, and Hunting : $290,522,096,256.92
Basic Necessitites : $597,184,308,972.55
School Loan Fraud : $387,362,795,009.22
Tax Evasion + Barter Trade : $5,441,732,884,248.59
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: $11,805,600,000,000.00 - 48%
Black & Grey Markets Combined: $12,655,192,754,066.49 - 52%
Real Total Economy: $24,460,792,754,066.49          
Countries of the World Economic Statistics & Links
Gross Regional Product: $11,799,274,815,750,144
Region Wide Imports: $1,627,067,561,017,344
Largest Regional GDP: -For The Future
Largest Regional Importer: -For The Future
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