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: 4,924,000,000
Criminals: 538,178,033
Elderly, Disabled, & Retirees: 681,741,439
Military & Reserves: ? 240,283,539
Students and Youth: 827,232,000
Unemployed but Able: 769,098,184
Working Class: 1,867,466,804

Faroe Islands-0 Government Budget Details

Government Budget: $14,449,930,289,251.62
Government Expenditures: $13,871,933,077,681.55
Goverment Waste: $577,997,211,570.07
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,387,193,307,768.16 10%
Social Welfare: $1,525,912,638,544.97 11%
Healthcare: $1,664,631,969,321.79 12%
Education: $1,387,193,307,768.16 10%
Religion & Spirituality: $277,438,661,553.63 2%
Defense: $2,635,667,284,759.49 19%
Law & Order: $1,942,070,630,875.42 14%
Commerce: $554,877,323,107.26 4%
Public Transport: $1,387,193,307,768.16 10%
The Environment: $554,877,323,107.26 4%
Social Equality: $693,596,653,884.08 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $12,315,600,000,000.00
GDP Per Capita: $2,501.14
Average Salary Per Employee: $4,547.26
Unemployment Rate: 23.56%
Consumption: $43,901,697,927,413.76
Exports: $7,196,294,987,776.00
Imports: $7,080,190,672,896.00
Trade Net: 116,104,314,880.00

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

Black & Grey Markets Combined: $13,213,351,675,985.85
Avg Annual Criminal's Income / Savings: ? $2,109.28
Recovered Product + Fines & Fees: $1,387,401,925,978.51

Black Market & Grey Market Statistics:

Guns & Weapons: $657,227,157,356.66
Drugs and Pharmaceuticals: $606,671,222,175.38
Extortion & Blackmail: $471,855,395,025.29
Counterfeit Goods: $926,858,811,656.83
Trafficking & Intl Sales: $438,151,438,237.77
Theft & Disappearance: $572,967,265,387.86
Counterfeit Currency & Instruments : $1,129,082,552,381.95
Illegal Mining, Logging, and Hunting : $303,335,611,087.69
Basic Necessitites : $623,523,200,569.14
School Loan Fraud : $404,447,481,450.25
Tax Evasion + Barter Trade : $5,681,741,220,673.92

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: $12,315,600,000,000.00 - 48%
Black & Grey Markets Combined: $13,213,351,675,985.85 - 52%
Real Total Economy: $25,528,951,675,985.85          

Countries of the World Economic Statistics & Links

Gross Regional Product: $12,804,784,641,802,240
Region Wide Imports: $1,763,109,173,723,136
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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