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: 4,277,000,000
Criminals: 467,407,465
Elderly, Disabled, & Retirees: 592,164,129
Military & Reserves: ? 208,721,634
Students and Youth: 718,536,000
Unemployed but Able: 668,000,875
Working Class: 1,622,169,896

Faroe Islands-0 Government Budget Details

Government Budget: $12,551,249,801,741.60
Government Expenditures: $12,049,199,809,671.94
Goverment Waste: $502,049,992,069.66
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,204,919,980,967.19 10%
Social Welfare: $1,325,411,979,063.91 11%
Healthcare: $1,445,903,977,160.63 12%
Education: $1,204,919,980,967.19 10%
Religion & Spirituality: $240,983,996,193.44 2%
Defense: $2,289,347,963,837.67 19%
Law & Order: $1,686,887,973,354.07 14%
Commerce: $481,967,992,386.88 4%
Public Transport: $1,204,919,980,967.19 10%
The Environment: $481,967,992,386.88 4%
Social Equality: $602,459,990,483.60 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $10,713,700,000,000.00
GDP Per Capita: $2,504.96
Average Salary Per Employee: $4,553.97
Unemployment Rate: 23.56%
Consumption: $38,133,137,418,485.76
Exports: $6,267,021,123,584.00
Imports: $6,149,873,074,176.00
Trade Net: 117,148,049,408.00

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

Black & Grey Markets Combined: $11,477,154,165,021.84
Avg Annual Criminal's Income / Savings: ? $2,109.53
Recovered Product + Fines & Fees: $1,205,101,187,327.29

Black Market & Grey Market Statistics:

Guns & Weapons: $570,869,344,235.38
Drugs and Pharmaceuticals: $526,956,317,755.73
Extortion & Blackmail: $409,854,913,810.01
Counterfeit Goods: $805,072,152,126.81
Trafficking & Intl Sales: $380,579,562,823.58
Theft & Disappearance: $497,680,966,769.30
Counterfeit Currency & Instruments : $980,724,258,045.39
Illegal Mining, Logging, and Hunting : $263,478,158,877.87
Basic Necessitites : $541,593,993,248.95
School Loan Fraud : $351,304,211,837.15
Tax Evasion + Barter Trade : $4,935,176,290,959.39

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: $10,713,700,000,000.00 - 48%
Black & Grey Markets Combined: $11,477,154,165,021.84 - 52%
Real Total Economy: $22,190,854,165,021.84          

Countries of the World Economic Statistics & Links

Gross Regional Product: $9,378,865,323,442,176
Region Wide Imports: $1,294,756,814,520,320
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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