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: 4,403,000,000
Criminals: 481,210,258
Elderly, Disabled, & Retirees: 609,608,255
Military & Reserves: ? 214,864,191
Students and Youth: 739,704,000
Unemployed but Able: 687,703,886
Working Class: 1,669,909,411

Faroe Islands-0 Government Budget Details

Government Budget: $12,921,008,346,617.61
Government Expenditures: $12,404,168,012,752.91
Goverment Waste: $516,840,333,864.71
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,240,416,801,275.29 10%
Social Welfare: $1,364,458,481,402.82 11%
Healthcare: $1,488,500,161,530.35 12%
Education: $1,240,416,801,275.29 10%
Religion & Spirituality: $248,083,360,255.06 2%
Defense: $2,356,791,922,423.05 19%
Law & Order: $1,736,583,521,785.41 14%
Commerce: $496,166,720,510.12 4%
Public Transport: $1,240,416,801,275.29 10%
The Environment: $496,166,720,510.12 4%
Social Equality: $620,208,400,637.65 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $11,019,600,000,000.00
GDP Per Capita: $2,502.75
Average Salary Per Employee: $4,550.09
Unemployment Rate: 23.56%
Consumption: $39,256,535,775,313.92
Exports: $6,441,974,259,712.00
Imports: $6,331,047,608,320.00
Trade Net: 110,926,651,392.00

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

Black & Grey Markets Combined: $11,815,269,961,489.16
Avg Annual Criminal's Income / Savings: ? $2,109.38
Recovered Product + Fines & Fees: $1,240,603,345,956.36

Black Market & Grey Market Statistics:

Guns & Weapons: $587,687,097,158.24
Drugs and Pharmaceuticals: $542,480,397,376.83
Extortion & Blackmail: $421,929,197,959.76
Counterfeit Goods: $828,789,495,992.38
Trafficking & Intl Sales: $391,791,398,105.49
Theft & Disappearance: $512,342,597,522.56
Counterfeit Currency & Instruments : $1,009,616,295,117.99
Illegal Mining, Logging, and Hunting : $271,240,198,688.42
Basic Necessitites : $557,549,297,303.97
School Loan Fraud : $361,653,598,251.22
Tax Evasion + Barter Trade : $5,080,566,083,440.34

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: $11,019,600,000,000.00 - 48%
Black & Grey Markets Combined: $11,815,269,961,489.16 - 52%
Real Total Economy: $22,834,869,961,489.16          

Countries of the World Economic Statistics & Links

Gross Regional Product: $10,103,149,280,886,784
Region Wide Imports: $1,392,653,480,493,056
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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