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: 4,372,000,000
Criminals: 477,815,823
Elderly, Disabled, & Retirees: 605,316,402
Military & Reserves: ? 213,352,640
Students and Youth: 734,496,000
Unemployed but Able: 682,857,392
Working Class: 1,658,161,743

Faroe Islands-0 Government Budget Details

Government Budget: $12,830,035,656,478.56
Government Expenditures: $12,316,834,230,219.42
Goverment Waste: $513,201,426,259.14
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,231,683,423,021.94 10%
Social Welfare: $1,354,851,765,324.14 11%
Healthcare: $1,478,020,107,626.33 12%
Education: $1,231,683,423,021.94 10%
Religion & Spirituality: $246,336,684,604.39 2%
Defense: $2,340,198,503,741.69 19%
Law & Order: $1,724,356,792,230.72 14%
Commerce: $492,673,369,208.78 4%
Public Transport: $1,231,683,423,021.94 10%
The Environment: $492,673,369,208.78 4%
Social Equality: $615,841,711,510.97 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $10,943,900,000,000.00
GDP Per Capita: $2,503.18
Average Salary Per Employee: $4,550.85
Unemployment Rate: 23.56%
Consumption: $38,980,143,053,537.28
Exports: $6,398,522,351,616.00
Imports: $6,286,473,166,848.00
Trade Net: 112,049,184,768.00

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

Black & Grey Markets Combined: $11,732,082,421,919.37
Avg Annual Criminal's Income / Savings: ? $2,109.41
Recovered Product + Fines & Fees: $1,231,868,654,301.53

Black Market & Grey Market Statistics:

Guns & Weapons: $583,549,380,135.36
Drugs and Pharmaceuticals: $538,660,966,278.80
Extortion & Blackmail: $418,958,529,327.95
Counterfeit Goods: $822,954,254,037.05
Trafficking & Intl Sales: $389,032,920,090.24
Theft & Disappearance: $508,735,357,041.08
Counterfeit Currency & Instruments : $1,002,507,909,463.31
Illegal Mining, Logging, and Hunting : $269,330,483,139.40
Basic Necessitites : $553,623,770,897.65
School Loan Fraud : $359,107,310,852.53
Tax Evasion + Barter Trade : $5,044,795,441,425.33

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: $10,943,900,000,000.00 - 48%
Black & Grey Markets Combined: $11,732,082,421,919.37 - 52%
Real Total Economy: $22,675,982,421,919.37          

Countries of the World Economic Statistics & Links

Gross Regional Product: $9,995,724,632,621,056
Region Wide Imports: $1,378,255,810,592,768
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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