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: Gambling
National Animal: dolphin

Faroe Islands-0 Demographics

Total Population: 3,031,000,000
Criminals: 339,091,827
Elderly, Disabled, & Retirees: 420,935,882
Military & Reserves: ? 115,580,806
Students and Youth: 507,692,500
Unemployed but Able: 479,048,616
Working Class: 1,168,650,369

Faroe Islands-0 Government Budget Details

Government Budget: $6,286,624,998,807.31
Government Expenditures: $6,035,159,998,855.01
Goverment Waste: $251,464,999,952.29
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $603,515,999,885.50 10%
Social Welfare: $663,867,599,874.05 11%
Healthcare: $663,867,599,874.05 11%
Education: $603,515,999,885.50 10%
Religion & Spirituality: $181,054,799,965.65 3%
Defense: $905,273,999,828.25 15%
Law & Order: $905,273,999,828.25 15%
Commerce: $241,406,399,954.20 4%
Public Transport: $603,515,999,885.50 10%
The Environment: $241,406,399,954.20 4%
Social Equality: $301,757,999,942.75 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $5,300,730,000,000.00
GDP Per Capita: $1,748.84
Average Salary Per Employee: $3,067.07
Unemployment Rate: 24.34%
Consumption: $20,113,035,414,732.80
Exports: $3,211,641,726,976.00
Imports: $3,236,203,331,584.00
Trade Net: -24,561,604,608.00

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

Black & Grey Markets Combined: $5,608,739,985,668.07
Avg Annual Criminal's Income / Savings: ? $1,378.37
Recovered Product + Fines & Fees: $630,983,248,387.66

Black Market & Grey Market Statistics:

Guns & Weapons: $223,439,055,544.68
Drugs and Pharmaceuticals: $248,265,617,271.86
Extortion & Blackmail: $198,612,493,817.49
Counterfeit Goods: $375,945,077,583.10
Trafficking & Intl Sales: $191,519,190,466.86
Theft & Disappearance: $226,985,707,219.99
Counterfeit Currency & Instruments : $461,064,717,790.60
Illegal Mining, Logging, and Hunting : $127,679,460,311.24
Basic Necessitites : $262,452,223,973.11
School Loan Fraud : $170,239,280,414.99
Tax Evasion + Barter Trade : $2,411,758,193,837.27

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: $5,300,730,000,000.00 - 49%
Black & Grey Markets Combined: $5,608,739,985,668.07 - 51%
Real Total Economy: $10,909,469,985,668.07          

Countries of the World Economic Statistics & Links

Gross Regional Product: $6,401,491,988,381,696
Region Wide Imports: $868,859,603,058,688
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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