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: Good
Civil Rights Rating: Good
Political Freedoms: Good
Income Tax Rate: 15%
Consumer Confidence Rate: 101%
Worker Enthusiasm Rate: 103%
Major Industry: Cheese Exports
National Animal: dolphin

Faroe Islands-0 Demographics

Total Population: 2,664,000,000
Criminals: 298,025,064
Elderly, Disabled, & Retirees: 369,968,319
Military & Reserves: ? 101,587,371
Students and Youth: 446,220,000
Unemployed but Able: 421,038,046
Working Class: 1,027,161,199

Faroe Islands-0 Government Budget Details

Government Budget: $5,525,426,981,421.71
Government Expenditures: $5,304,409,902,164.84
Goverment Waste: $221,017,079,256.87
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $530,440,990,216.48 10%
Social Welfare: $583,485,089,238.13 11%
Healthcare: $583,485,089,238.13 11%
Education: $530,440,990,216.48 10%
Religion & Spirituality: $159,132,297,064.95 3%
Defense: $795,661,485,324.73 15%
Law & Order: $795,661,485,324.73 15%
Commerce: $212,176,396,086.59 4%
Public Transport: $530,440,990,216.48 10%
The Environment: $212,176,396,086.59 4%
Social Equality: $265,220,495,108.24 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $4,661,450,000,000.00
GDP Per Capita: $1,749.79
Average Salary Per Employee: $3,068.70
Unemployment Rate: 24.34%
Consumption: $17,677,706,015,539.20
Exports: $2,825,314,555,904.00
Imports: $2,844,357,033,984.00
Trade Net: -19,042,478,080.00

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

Black & Grey Markets Combined: $4,929,621,737,334.22
Avg Annual Criminal's Income / Savings: ? $1,378.41
Recovered Product + Fines & Fees: $554,582,445,450.10

Black Market & Grey Market Statistics:

Guns & Weapons: $196,384,576,214.45
Drugs and Pharmaceuticals: $218,205,084,682.72
Extortion & Blackmail: $174,564,067,746.18
Counterfeit Goods: $330,424,842,519.55
Trafficking & Intl Sales: $168,329,636,755.24
Theft & Disappearance: $199,501,791,709.92
Counterfeit Currency & Instruments : $405,238,014,410.77
Illegal Mining, Logging, and Hunting : $112,219,757,836.83
Basic Necessitites : $230,673,946,664.59
School Loan Fraud : $149,626,343,782.44
Tax Evasion + Barter Trade : $2,119,737,347,053.71

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: $4,661,450,000,000.00 - 49%
Black & Grey Markets Combined: $4,929,621,737,334.22 - 51%
Real Total Economy: $9,591,071,737,334.22          

Countries of the World Economic Statistics & Links

Gross Regional Product: $5,557,790,760,239,104
Region Wide Imports: $755,026,192,498,688
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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