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: 4,882,000,000
Criminals: 533,581,289
Elderly, Disabled, & Retirees: 675,926,607
Military & Reserves: ? 238,235,214
Students and Youth: 820,176,000
Unemployed but Able: 762,533,528
Working Class: 1,851,547,362

Faroe Islands-0 Government Budget Details

Government Budget: $14,326,677,827,506.67
Government Expenditures: $13,753,610,714,406.40
Goverment Waste: $573,067,113,100.27
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,375,361,071,440.64 10%
Social Welfare: $1,512,897,178,584.70 11%
Healthcare: $1,650,433,285,728.77 12%
Education: $1,375,361,071,440.64 10%
Religion & Spirituality: $275,072,214,288.13 2%
Defense: $2,613,186,035,737.22 19%
Law & Order: $1,925,505,500,016.90 14%
Commerce: $550,144,428,576.26 4%
Public Transport: $1,375,361,071,440.64 10%
The Environment: $550,144,428,576.26 4%
Social Equality: $687,680,535,720.32 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $12,212,400,000,000.00
GDP Per Capita: $2,501.52
Average Salary Per Employee: $4,547.92
Unemployment Rate: 23.56%
Consumption: $43,527,232,982,876.16
Exports: $7,136,797,990,912.00
Imports: $7,019,798,986,752.00
Trade Net: 116,999,004,160.00

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

Black & Grey Markets Combined: $13,100,646,763,964.35
Avg Annual Criminal's Income / Savings: ? $2,109.30
Recovered Product + Fines & Fees: $1,375,567,910,216.26

Black Market & Grey Market Statistics:

Guns & Weapons: $651,621,257,297.05
Drugs and Pharmaceuticals: $601,496,545,197.28
Extortion & Blackmail: $467,830,646,264.55
Counterfeit Goods: $918,953,055,162.51
Trafficking & Intl Sales: $434,414,171,531.37
Theft & Disappearance: $568,080,070,464.10
Counterfeit Currency & Instruments : $1,119,451,903,561.60
Illegal Mining, Logging, and Hunting : $300,748,272,598.64
Basic Necessitites : $618,204,782,563.87
School Loan Fraud : $400,997,696,798.19
Tax Evasion + Barter Trade : $5,633,278,108,504.67

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: $12,212,400,000,000.00 - 48%
Black & Grey Markets Combined: $13,100,646,763,964.35 - 52%
Real Total Economy: $25,313,046,763,964.34          

Countries of the World Economic Statistics & Links

Gross Regional Product: $12,441,839,504,195,584
Region Wide Imports: $1,713,587,261,276,160
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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