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: 4,177,000,000
Criminals: 456,470,937
Elderly, Disabled, & Retirees: 578,319,054
Military & Reserves: ? 203,843,108
Students and Youth: 701,736,000
Unemployed but Able: 652,376,575
Working Class: 1,584,254,327

Faroe Islands-0 Government Budget Details

Government Budget: $12,257,789,847,640.47
Government Expenditures: $11,767,478,253,734.86
Goverment Waste: $490,311,593,905.62
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,176,747,825,373.49 10%
Social Welfare: $1,294,422,607,910.83 11%
Healthcare: $1,412,097,390,448.18 12%
Education: $1,176,747,825,373.49 10%
Religion & Spirituality: $235,349,565,074.70 2%
Defense: $2,235,820,868,209.62 19%
Law & Order: $1,647,446,955,522.88 14%
Commerce: $470,699,130,149.39 4%
Public Transport: $1,176,747,825,373.49 10%
The Environment: $470,699,130,149.39 4%
Social Equality: $588,373,912,686.74 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $10,465,600,000,000.00
GDP Per Capita: $2,505.53
Average Salary Per Employee: $4,554.98
Unemployment Rate: 23.56%
Consumption: $37,241,549,016,268.80
Exports: $6,122,918,363,136.00
Imports: $6,006,083,420,160.00
Trade Net: 116,834,942,976.00

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

Black & Grey Markets Combined: $11,208,807,571,042.69
Avg Annual Criminal's Income / Savings: ? $2,109.57
Recovered Product + Fines & Fees: $1,176,924,794,959.48

Black Market & Grey Market Statistics:

Guns & Weapons: $557,521,885,280.82
Drugs and Pharmaceuticals: $514,635,586,413.07
Extortion & Blackmail: $400,272,122,765.72
Counterfeit Goods: $786,248,812,575.52
Trafficking & Intl Sales: $371,681,256,853.88
Theft & Disappearance: $486,044,720,501.23
Counterfeit Currency & Instruments : $957,794,008,046.55
Illegal Mining, Logging, and Hunting : $257,317,793,206.53
Basic Necessitites : $528,931,019,368.99
School Loan Fraud : $343,090,390,942.05
Tax Evasion + Barter Trade : $4,819,787,255,548.36

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: $10,465,600,000,000.00 - 48%
Black & Grey Markets Combined: $11,208,807,571,042.69 - 52%
Real Total Economy: $21,674,407,571,042.70          

Countries of the World Economic Statistics & Links

Gross Regional Product: $8,862,907,680,948,224
Region Wide Imports: $1,224,013,602,881,536
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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