The Republic of Faroe Island

The Republic of Faroe Islands-0

Strength Through Compliance

Region: Countries of the World         Faroe Islands-0 Economic Stats           Faroe Islands-0 Mobile Stats         Calculation Explained

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: 3,890,000,000
Criminals: 425,086,099
Elderly, Disabled, & Retirees: 538,583,598
Military & Reserves: ? 189,841,158
Students and Youth: 653,520,000
Unemployed but Able: 607,536,991
Working Class: 1,475,432,154

Faroe Islands-0 Government Budget Details

Government Budget: $11,415,562,179,827.47
Government Expenditures: $10,958,939,692,634.37
Goverment Waste: $456,622,487,193.10
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,095,893,969,263.44 10%
Social Welfare: $1,205,483,366,189.78 11%
Healthcare: $1,315,072,763,116.12 12%
Education: $1,095,893,969,263.44 10%
Religion & Spirituality: $219,178,793,852.69 2%
Defense: $2,082,198,541,600.53 19%
Law & Order: $1,534,251,556,968.81 14%
Commerce: $438,357,587,705.38 4%
Public Transport: $1,095,893,969,263.44 10%
The Environment: $438,357,587,705.38 4%
Social Equality: $547,946,984,631.72 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $9,752,670,000,000.00
GDP Per Capita: $2,507.11
Average Salary Per Employee: $4,557.76
Unemployment Rate: 23.56%
Consumption: $34,682,697,594,961.92
Exports: $5,708,386,877,440.00
Imports: $5,593,407,946,752.00
Trade Net: 114,978,930,688.00

Faroe Islands-0 Grey and Black Market Statistics ?
Evasion, Black Market, Barter & Crime

Black & Grey Markets Combined: $10,438,655,041,356.34
Avg Annual Criminal's Income / Savings: ? $2,109.67
Recovered Product + Fines & Fees: $1,096,058,779,342.42

Black Market & Grey Market Statistics:

Guns & Weapons: $519,214,787,261.42
Drugs and Pharmaceuticals: $479,275,188,241.31
Extortion & Blackmail: $372,769,590,854.36
Counterfeit Goods: $732,225,982,035.34
Trafficking & Intl Sales: $346,143,191,507.62
Theft & Disappearance: $452,648,788,894.57
Counterfeit Currency & Instruments : $891,984,378,115.78
Illegal Mining, Logging, and Hunting : $239,637,594,120.66
Basic Necessitites : $492,588,387,914.68
School Loan Fraud : $319,516,792,160.88
Tax Evasion + Barter Trade : $4,488,621,667,783.22

Faroe Islands-0 Total Market Statistics ?

National Currency: lira
Exchange Rates: 1 lira = $0.25
  $1 = 4.01 liras
  Regional Exchange Rates
Gross Domestic Product: $9,752,670,000,000.00 - 48%
Black & Grey Markets Combined: $10,438,655,041,356.34 - 52%
Real Total Economy: $20,191,325,041,356.34          

Countries of the World Economic Statistics & Links

Gross Regional Product: $7,791,853,432,733,696
Region Wide Imports: $1,077,260,140,412,928
Largest Regional GDP: -For The Future
Largest Regional Importer: -For The Future
Regional Search Functions: All Countries of the World Nations.
Regional Nations by GDP | Regional Trading Leaders
Regional Exchange Rates | WA Members
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