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: 4,538,000,000
Criminals: 495,979,444
Elderly, Disabled, & Retirees: 628,298,964
Military & Reserves: ? 221,449,263
Students and Youth: 762,384,000
Unemployed but Able: 708,800,200
Working Class: 1,721,088,130

Faroe Islands-0 Government Budget Details

Government Budget: $13,317,177,719,138.55
Government Expenditures: $12,784,490,610,373.01
Goverment Waste: $532,687,108,765.54
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,278,449,061,037.30 10%
Social Welfare: $1,406,293,967,141.03 11%
Healthcare: $1,534,138,873,244.76 12%
Education: $1,278,449,061,037.30 10%
Religion & Spirituality: $255,689,812,207.46 2%
Defense: $2,429,053,215,970.87 19%
Law & Order: $1,789,828,685,452.22 14%
Commerce: $511,379,624,414.92 4%
Public Transport: $1,278,449,061,037.30 10%
The Environment: $511,379,624,414.92 4%
Social Equality: $639,224,530,518.65 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $11,353,100,000,000.00
GDP Per Capita: $2,501.78
Average Salary Per Employee: $4,548.40
Unemployment Rate: 23.56%
Consumption: $40,460,175,361,966.08
Exports: $6,635,084,988,416.00
Imports: $6,525,163,143,168.00
Trade Net: 109,921,845,248.00

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

Black & Grey Markets Combined: $12,177,536,431,817.23
Avg Annual Criminal's Income / Savings: ? $2,109.32
Recovered Product + Fines & Fees: $1,278,641,325,340.81

Black Market & Grey Market Statistics:

Guns & Weapons: $605,706,095,542.43
Drugs and Pharmaceuticals: $559,113,318,962.24
Extortion & Blackmail: $434,865,914,748.41
Counterfeit Goods: $854,200,903,970.09
Trafficking & Intl Sales: $403,804,063,694.95
Theft & Disappearance: $528,051,467,908.78
Counterfeit Currency & Instruments : $1,040,572,010,290.84
Illegal Mining, Logging, and Hunting : $279,556,659,481.12
Basic Necessitites : $574,644,244,488.97
School Loan Fraud : $372,742,212,641.49
Tax Evasion + Barter Trade : $5,236,340,665,681.41

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: $11,353,100,000,000.00 - 48%
Black & Grey Markets Combined: $12,177,536,431,817.23 - 52%
Real Total Economy: $23,530,636,431,817.23          

Countries of the World Economic Statistics & Links

Gross Regional Product: $11,263,040,632,651,776
Region Wide Imports: $1,551,506,738,249,728
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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