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: 4,442,000,000
Criminals: 485,472,649
Elderly, Disabled, & Retirees: 615,007,918
Military & Reserves: ? 216,767,366
Students and Youth: 746,256,000
Unemployed but Able: 693,795,307
Working Class: 1,684,700,759

Faroe Islands-0 Government Budget Details

Government Budget: $13,035,456,812,600.53
Government Expenditures: $12,514,038,540,096.51
Goverment Waste: $521,418,272,504.02
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,251,403,854,009.65 10%
Social Welfare: $1,376,544,239,410.62 11%
Healthcare: $1,501,684,624,811.58 12%
Education: $1,251,403,854,009.65 10%
Religion & Spirituality: $250,280,770,801.93 2%
Defense: $2,377,667,322,618.34 19%
Law & Order: $1,751,965,395,613.51 14%
Commerce: $500,561,541,603.86 4%
Public Transport: $1,251,403,854,009.65 10%
The Environment: $500,561,541,603.86 4%
Social Equality: $625,701,927,004.83 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $11,117,200,000,000.00
GDP Per Capita: $2,502.75
Average Salary Per Employee: $4,550.09
Unemployment Rate: 23.56%
Consumption: $39,604,252,468,838.40
Exports: $6,499,069,632,512.00
Imports: $6,387,125,452,800.00
Trade Net: 111,944,179,712.00

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

Black & Grey Markets Combined: $11,919,924,295,422.81
Avg Annual Criminal's Income / Savings: ? $2,109.38
Recovered Product + Fines & Fees: $1,251,592,051,019.40

Black Market & Grey Market Statistics:

Guns & Weapons: $592,892,564,482.72
Drugs and Pharmaceuticals: $547,285,444,137.90
Extortion & Blackmail: $425,666,456,551.70
Counterfeit Goods: $836,130,539,655.12
Trafficking & Intl Sales: $395,261,709,655.15
Theft & Disappearance: $516,880,697,241.35
Counterfeit Currency & Instruments : $1,018,559,021,034.42
Illegal Mining, Logging, and Hunting : $273,642,722,068.95
Basic Necessitites : $562,487,817,586.17
School Loan Fraud : $364,856,962,758.60
Tax Evasion + Barter Trade : $5,125,567,447,031.81

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: $11,117,200,000,000.00 - 48%
Black & Grey Markets Combined: $11,919,924,295,422.81 - 52%
Real Total Economy: $23,037,124,295,422.81          

Countries of the World Economic Statistics & Links

Gross Regional Product: $10,202,407,048,839,168
Region Wide Imports: $1,406,343,151,878,144
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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