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: 4,293,000,000
Criminals: 469,155,938
Elderly, Disabled, & Retirees: 594,379,382
Military & Reserves: ? 209,502,463
Students and Youth: 721,224,000
Unemployed but Able: 670,499,775
Working Class: 1,628,238,441

Faroe Islands-0 Government Budget Details

Government Budget: $12,598,202,513,070.49
Government Expenditures: $12,094,274,412,547.67
Goverment Waste: $503,928,100,522.82
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,209,427,441,254.77 10%
Social Welfare: $1,330,370,185,380.24 11%
Healthcare: $1,451,312,929,505.72 12%
Education: $1,209,427,441,254.77 10%
Religion & Spirituality: $241,885,488,250.95 2%
Defense: $2,297,912,138,384.06 19%
Law & Order: $1,693,198,417,756.67 14%
Commerce: $483,770,976,501.91 4%
Public Transport: $1,209,427,441,254.77 10%
The Environment: $483,770,976,501.91 4%
Social Equality: $604,713,720,627.38 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $10,753,800,000,000.00
GDP Per Capita: $2,504.96
Average Salary Per Employee: $4,553.98
Unemployment Rate: 23.56%
Consumption: $38,275,788,885,196.80
Exports: $6,290,496,749,568.00
Imports: $6,172,879,355,904.00
Trade Net: 117,617,393,664.00

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

Black & Grey Markets Combined: $11,520,088,814,152.38
Avg Annual Criminal's Income / Savings: ? $2,109.53
Recovered Product + Fines & Fees: $1,209,609,325,486.00

Black Market & Grey Market Statistics:

Guns & Weapons: $573,004,897,582.63
Drugs and Pharmaceuticals: $528,927,597,768.59
Extortion & Blackmail: $411,388,131,597.79
Counterfeit Goods: $808,083,829,924.23
Trafficking & Intl Sales: $382,003,265,055.09
Theft & Disappearance: $499,542,731,225.89
Counterfeit Currency & Instruments : $984,393,029,180.42
Illegal Mining, Logging, and Hunting : $264,463,798,884.29
Basic Necessitites : $543,620,031,039.94
School Loan Fraud : $352,618,398,512.39
Tax Evasion + Barter Trade : $4,953,638,190,085.52

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: $10,753,800,000,000.00 - 48%
Black & Grey Markets Combined: $11,520,088,814,152.38 - 52%
Real Total Economy: $22,273,888,814,152.38          

Countries of the World Economic Statistics & Links

Gross Regional Product: $9,419,885,482,344,448
Region Wide Imports: $1,300,426,171,351,040
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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