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: 4,620,000,000
Criminals: 504,918,003
Elderly, Disabled, & Retirees: 639,652,791
Military & Reserves: ? 225,455,320
Students and Youth: 776,160,000
Unemployed but Able: 721,590,962
Working Class: 1,752,222,925

Faroe Islands-0 Government Budget Details

Government Budget: $13,557,814,858,308.65
Government Expenditures: $13,015,502,263,976.30
Goverment Waste: $542,312,594,332.35
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,301,550,226,397.63 10%
Social Welfare: $1,431,705,249,037.39 11%
Healthcare: $1,561,860,271,677.16 12%
Education: $1,301,550,226,397.63 10%
Religion & Spirituality: $260,310,045,279.53 2%
Defense: $2,472,945,430,155.50 19%
Law & Order: $1,822,170,316,956.68 14%
Commerce: $520,620,090,559.05 4%
Public Transport: $1,301,550,226,397.63 10%
The Environment: $520,620,090,559.05 4%
Social Equality: $650,775,113,198.82 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $11,565,200,000,000.00
GDP Per Capita: $2,503.29
Average Salary Per Employee: $4,551.04
Unemployment Rate: 23.56%
Consumption: $41,191,277,781,319.68
Exports: $6,761,994,207,232.00
Imports: $6,643,070,795,776.00
Trade Net: 118,923,411,456.00

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

Black & Grey Markets Combined: $12,397,580,617,672.08
Avg Annual Criminal's Income / Savings: ? $2,109.42
Recovered Product + Fines & Fees: $1,301,745,964,855.57

Black Market & Grey Market Statistics:

Guns & Weapons: $616,651,010,830.28
Drugs and Pharmaceuticals: $569,216,317,689.49
Extortion & Blackmail: $442,723,802,647.38
Counterfeit Goods: $869,636,040,914.49
Trafficking & Intl Sales: $411,100,673,886.85
Theft & Disappearance: $537,593,188,928.96
Counterfeit Currency & Instruments : $1,059,374,813,477.66
Illegal Mining, Logging, and Hunting : $284,608,158,844.74
Basic Necessitites : $585,027,882,069.75
School Loan Fraud : $379,477,545,126.33
Tax Evasion + Barter Trade : $5,330,959,665,598.99

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: $11,565,200,000,000.00 - 48%
Black & Grey Markets Combined: $12,397,580,617,672.08 - 52%
Real Total Economy: $23,962,780,617,672.08          

Countries of the World Economic Statistics & Links

Gross Regional Product: $11,566,569,192,685,568
Region Wide Imports: $1,594,973,149,462,528
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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