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: 5,255,000,000
Criminals: 574,503,620
Elderly, Disabled, & Retirees: 727,564,941
Military & Reserves: ? 256,407,242
Students and Youth: 882,840,000
Unemployed but Able: 820,905,106
Working Class: 1,992,779,091

Faroe Islands-0 Government Budget Details

Government Budget: $15,421,280,522,411.71
Government Expenditures: $14,804,429,301,515.24
Goverment Waste: $616,851,220,896.47
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,480,442,930,151.52 10%
Social Welfare: $1,628,487,223,166.68 11%
Healthcare: $1,776,531,516,181.83 12%
Education: $1,480,442,930,151.52 10%
Religion & Spirituality: $296,088,586,030.31 2%
Defense: $2,812,841,567,287.90 19%
Law & Order: $2,072,620,102,212.13 14%
Commerce: $592,177,172,060.61 4%
Public Transport: $1,480,442,930,151.52 10%
The Environment: $592,177,172,060.61 4%
Social Equality: $740,221,465,075.76 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $13,099,800,000,000.00
GDP Per Capita: $2,492.83
Average Salary Per Employee: $4,532.65
Unemployment Rate: 23.57%
Consumption: $46,852,848,809,410.55
Exports: $7,636,415,725,568.00
Imports: $7,556,133,552,128.00
Trade Net: 80,282,173,440.00

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

Black & Grey Markets Combined: $14,101,576,876,687.49
Avg Annual Criminal's Income / Savings: ? $2,108.73
Recovered Product + Fines & Fees: $1,480,665,572,052.19

Black Market & Grey Market Statistics:

Guns & Weapons: $701,407,145,755.11
Drugs and Pharmaceuticals: $647,452,749,927.79
Extortion & Blackmail: $503,574,361,054.95
Counterfeit Goods: $989,163,923,500.79
Trafficking & Intl Sales: $467,604,763,836.74
Theft & Disappearance: $611,483,152,709.58
Counterfeit Currency & Instruments : $1,204,981,506,810.06
Illegal Mining, Logging, and Hunting : $323,726,374,963.90
Basic Necessitites : $665,437,548,536.90
School Loan Fraud : $431,635,166,618.53
Tax Evasion + Barter Trade : $6,063,678,056,975.62

Faroe Islands-0 Total Market Statistics ?

National Currency: lira
Exchange Rates: 1 lira = $0.25
  $1 = 4.03 liras
  Regional Exchange Rates
Gross Domestic Product: $13,099,800,000,000.00 - 48%
Black & Grey Markets Combined: $14,101,576,876,687.49 - 52%
Real Total Economy: $27,201,376,876,687.48          

Countries of the World Economic Statistics & Links

Gross Regional Product: $14,967,189,006,188,544
Region Wide Imports: $2,049,146,882,097,152
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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