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: 3,906,000,000
Criminals: 426,830,940
Elderly, Disabled, & Retirees: 540,798,957
Military & Reserves: ? 190,622,686
Students and Youth: 656,208,000
Unemployed but Able: 610,033,276
Working Class: 1,481,506,140

Faroe Islands-0 Government Budget Details

Government Budget: $11,462,516,050,797.53
Government Expenditures: $11,004,015,408,765.62
Goverment Waste: $458,500,642,031.90
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,100,401,540,876.56 10%
Social Welfare: $1,210,441,694,964.22 11%
Healthcare: $1,320,481,849,051.88 12%
Education: $1,100,401,540,876.56 10%
Religion & Spirituality: $220,080,308,175.31 2%
Defense: $2,090,762,927,665.47 19%
Law & Order: $1,540,562,157,227.19 14%
Commerce: $440,160,616,350.63 4%
Public Transport: $1,100,401,540,876.56 10%
The Environment: $440,160,616,350.63 4%
Social Equality: $550,200,770,438.28 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $9,793,840,000,000.00
GDP Per Capita: $2,507.38
Average Salary Per Employee: $4,558.23
Unemployment Rate: 23.55%
Consumption: $34,825,352,584,888.32
Exports: $5,732,916,273,152.00
Imports: $5,616,414,228,480.00
Trade Net: 116,502,044,672.00

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

Black & Grey Markets Combined: $10,481,590,750,889.67
Avg Annual Criminal's Income / Savings: ? $2,109.69
Recovered Product + Fines & Fees: $1,100,567,028,843.42

Black Market & Grey Market Statistics:

Guns & Weapons: $521,350,393,352.72
Drugs and Pharmaceuticals: $481,246,516,940.97
Extortion & Blackmail: $374,302,846,509.65
Counterfeit Goods: $735,237,734,215.38
Trafficking & Intl Sales: $347,566,928,901.81
Theft & Disappearance: $454,510,599,333.14
Counterfeit Currency & Instruments : $895,653,239,862.37
Illegal Mining, Logging, and Hunting : $240,623,258,470.49
Basic Necessitites : $494,614,475,744.89
School Loan Fraud : $320,831,011,293.98
Tax Evasion + Barter Trade : $4,507,084,022,882.56

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: $9,793,840,000,000.00 - 48%
Black & Grey Markets Combined: $10,481,590,750,889.67 - 52%
Real Total Economy: $20,275,430,750,889.67          

Countries of the World Economic Statistics & Links

Gross Regional Product: $7,803,701,100,019,712
Region Wide Imports: $1,079,095,769,169,920
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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