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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: 3,025,000,000
Criminals: 338,420,639
Elderly, Disabled, & Retirees: 420,102,619
Military & Reserves: ? 115,351,999
Students and Youth: 506,687,500
Unemployed but Able: 478,100,360
Working Class: 1,166,336,883
Faroe Islands-0 Government Budget Details
Government Budget: $6,274,180,576,853.36
Government Expenditures: $6,023,213,353,779.23
Goverment Waste: $250,967,223,074.14
Goverment Efficiency: 96%
Faroe Islands-0 Government Spending Breakdown:
Administration: $602,321,335,377.92 10%
Social Welfare: $662,553,468,915.72 11%
Healthcare: $662,553,468,915.72 11%
Education: $602,321,335,377.92 10%
Religion & Spirituality: $180,696,400,613.38 3%
Defense: $903,482,003,066.88 15%
Law & Order: $903,482,003,066.88 15%
Commerce: $240,928,534,151.17 4%
Public Transport: $602,321,335,377.92 10%
The Environment: $240,928,534,151.17 4%
Social Equality: $301,160,667,688.96 5%
Faroe Islands-0White Market Economic Statistics ?
Gross Domestic Product: $5,290,220,000,000.00
GDP Per Capita: $1,748.83
Average Salary Per Employee: $3,067.06
Unemployment Rate: 24.34%
Consumption: $20,073,221,508,300.80
Exports: $3,205,270,411,264.00
Imports: $3,229,797,318,656.00
Trade Net: -24,526,907,392.00
Faroe Islands-0 Non Market Statistics ?
Evasion, Black Market, Barter & Crime
Black & Grey Markets Combined: $5,597,637,442,248.53
Avg Annual Criminal's Income / Savings: ? $1,378.37
Recovered Product + Fines & Fees: $629,734,212,252.96
Black Market & Non Monetary Trade:
Guns & Weapons: $222,996,756,236.43
Drugs and Pharmaceuticals: $247,774,173,596.03
Extortion & Blackmail: $198,219,338,876.82
Counterfeit Goods: $375,200,891,445.42
Trafficking & Intl Sales: $191,140,076,774.08
Theft & Disappearance: $226,536,387,287.80
Counterfeit Currency & Instruments : $460,152,036,678.34
Illegal Mining, Logging, and Hunting : $127,426,717,849.39
Basic Necessitites : $261,932,697,801.52
School Loan Fraud : $169,902,290,465.85
Tax Evasion + Barter Trade : $2,406,984,100,166.87
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: $5,290,220,000,000.00 - 49%
Black & Grey Markets Combined: $5,597,637,442,248.53 - 51%
Real Total Economy: $10,887,857,442,248.53          
Countries of the World Economic Statistics & Links
Gross Regional Product: $6,388,235,034,951,680
Region Wide Imports: $867,056,522,100,736
Largest Regional GDP: -For The Future
Largest Regional Importer: -For The Future
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