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: 3,951,000,000
Criminals: 431,724,286
Elderly, Disabled, & Retirees: 547,030,068
Military & Reserves: ? 192,823,437
Students and Youth: 663,768,000
Unemployed but Able: 617,043,986
Working Class: 1,498,610,222

Faroe Islands-0 Government Budget Details

Government Budget: $11,594,572,508,304.51
Government Expenditures: $11,130,789,607,972.33
Goverment Waste: $463,782,900,332.18
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,113,078,960,797.23 10%
Social Welfare: $1,224,386,856,876.96 11%
Healthcare: $1,335,694,752,956.68 12%
Education: $1,113,078,960,797.23 10%
Religion & Spirituality: $222,615,792,159.45 2%
Defense: $2,114,850,025,514.74 19%
Law & Order: $1,558,310,545,116.13 14%
Commerce: $445,231,584,318.89 4%
Public Transport: $1,113,078,960,797.23 10%
The Environment: $445,231,584,318.89 4%
Social Equality: $556,539,480,398.62 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $9,913,760,000,000.00
GDP Per Capita: $2,509.18
Average Salary Per Employee: $4,561.38
Unemployment Rate: 23.55%
Consumption: $35,226,565,780,439.04
Exports: $5,806,058,496,000.00
Imports: $5,681,119,756,288.00
Trade Net: 124,938,739,712.00

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

Black & Grey Markets Combined: $10,602,346,240,999.03
Avg Annual Criminal's Income / Savings: ? $2,109.81
Recovered Product + Fines & Fees: $1,113,246,355,304.90

Black Market & Grey Market Statistics:

Guns & Weapons: $527,356,726,147.45
Drugs and Pharmaceuticals: $486,790,824,136.11
Extortion & Blackmail: $378,615,085,439.20
Counterfeit Goods: $743,708,203,541.28
Trafficking & Intl Sales: $351,571,150,764.97
Theft & Disappearance: $459,746,889,461.88
Counterfeit Currency & Instruments : $905,971,811,586.65
Illegal Mining, Logging, and Hunting : $243,395,412,068.05
Basic Necessitites : $500,312,791,473.22
School Loan Fraud : $324,527,216,090.74
Tax Evasion + Barter Trade : $4,559,008,883,629.58

Faroe Islands-0 Total Market Statistics ?

National Currency: lira
Exchange Rates: 1 lira = $0.25
  $1 = 4.01 liras
  Regional Exchange Rates
Gross Domestic Product: $9,913,760,000,000.00 - 48%
Black & Grey Markets Combined: $10,602,346,240,999.03 - 52%
Real Total Economy: $20,516,106,240,999.03          

Countries of the World Economic Statistics & Links

Gross Regional Product: $7,924,862,664,310,784
Region Wide Imports: $1,097,190,734,823,424
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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