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: 3,997,000,000
Criminals: 436,742,821
Elderly, Disabled, & Retirees: 553,399,164
Military & Reserves: ? 195,069,924
Students and Youth: 671,496,000
Unemployed but Able: 624,222,331
Working Class: 1,516,069,759

Faroe Islands-0 Government Budget Details

Government Budget: $11,729,564,017,612.55
Government Expenditures: $11,260,381,456,908.05
Goverment Waste: $469,182,560,704.50
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,126,038,145,690.81 10%
Social Welfare: $1,238,641,960,259.89 11%
Healthcare: $1,351,245,774,828.97 12%
Education: $1,126,038,145,690.81 10%
Religion & Spirituality: $225,207,629,138.16 2%
Defense: $2,139,472,476,812.53 19%
Law & Order: $1,576,453,403,967.13 14%
Commerce: $450,415,258,276.32 4%
Public Transport: $1,126,038,145,690.81 10%
The Environment: $450,415,258,276.32 4%
Social Equality: $563,019,072,845.40 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $10,031,500,000,000.00
GDP Per Capita: $2,509.76
Average Salary Per Employee: $4,562.40
Unemployment Rate: 23.55%
Consumption: $35,636,696,234,065.92
Exports: $5,875,936,337,920.00
Imports: $5,747,262,881,792.00
Trade Net: 128,673,456,128.00

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

Black & Grey Markets Combined: $10,725,785,610,605.27
Avg Annual Criminal's Income / Savings: ? $2,109.84
Recovered Product + Fines & Fees: $1,126,207,489,113.55

Black Market & Grey Market Statistics:

Guns & Weapons: $533,496,554,101.90
Drugs and Pharmaceuticals: $492,458,357,632.53
Extortion & Blackmail: $383,023,167,047.52
Counterfeit Goods: $752,366,935,271.91
Trafficking & Intl Sales: $355,664,369,401.27
Theft & Disappearance: $465,099,559,986.27
Counterfeit Currency & Instruments : $916,519,721,149.42
Illegal Mining, Logging, and Hunting : $246,229,178,816.26
Basic Necessitites : $506,137,756,455.65
School Loan Fraud : $328,305,571,755.02
Tax Evasion + Barter Trade : $4,612,087,812,560.27

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: $10,031,500,000,000.00 - 48%
Black & Grey Markets Combined: $10,725,785,610,605.27 - 52%
Real Total Economy: $20,757,285,610,605.27          

Countries of the World Economic Statistics & Links

Gross Regional Product: $8,182,245,021,974,528
Region Wide Imports: $1,133,264,836,231,168
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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