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: 4,837,000,000
Criminals: 528,662,754
Elderly, Disabled, & Retirees: 669,696,238
Military & Reserves: ? 236,039,317
Students and Youth: 812,616,000
Unemployed but Able: 755,504,683
Working Class: 1,834,481,008

Faroe Islands-0 Government Budget Details

Government Budget: $14,194,621,369,999.69
Government Expenditures: $13,626,836,515,199.70
Goverment Waste: $567,784,854,799.99
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,362,683,651,519.97 10%
Social Welfare: $1,498,952,016,671.97 11%
Healthcare: $1,635,220,381,823.96 12%
Education: $1,362,683,651,519.97 10%
Religion & Spirituality: $272,536,730,303.99 2%
Defense: $2,589,098,937,887.94 19%
Law & Order: $1,907,757,112,127.96 14%
Commerce: $545,073,460,607.99 4%
Public Transport: $1,362,683,651,519.97 10%
The Environment: $545,073,460,607.99 4%
Social Equality: $681,341,825,759.99 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $12,099,900,000,000.00
GDP Per Capita: $2,501.53
Average Salary Per Employee: $4,547.95
Unemployment Rate: 23.56%
Consumption: $43,126,019,787,325.44
Exports: $7,071,015,862,272.00
Imports: $6,955,093,458,944.00
Trade Net: 115,922,403,328.00

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

Black & Grey Markets Combined: $12,979,891,273,854.99
Avg Annual Criminal's Income / Savings: ? $2,109.30
Recovered Product + Fines & Fees: $1,362,888,583,754.77

Black Market & Grey Market Statistics:

Guns & Weapons: $645,614,924,502.32
Drugs and Pharmaceuticals: $595,952,238,002.14
Extortion & Blackmail: $463,518,407,335.00
Counterfeit Goods: $910,482,585,836.61
Trafficking & Intl Sales: $430,409,949,668.21
Theft & Disappearance: $562,843,780,335.36
Counterfeit Currency & Instruments : $1,109,133,331,837.32
Illegal Mining, Logging, and Hunting : $297,976,119,001.07
Basic Necessitites : $612,506,466,835.53
School Loan Fraud : $397,301,492,001.43
Tax Evasion + Barter Trade : $5,581,353,247,757.65

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: $12,099,900,000,000.00 - 48%
Black & Grey Markets Combined: $12,979,891,273,854.99 - 52%
Real Total Economy: $25,079,791,273,854.99          

Countries of the World Economic Statistics & Links

Gross Regional Product: $12,330,717,962,829,824
Region Wide Imports: $1,698,283,084,840,960
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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