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: 4,259,000,000
Criminals: 465,440,391
Elderly, Disabled, & Retirees: 589,671,972
Military & Reserves: ? 207,843,210
Students and Youth: 715,512,000
Unemployed but Able: 665,189,581
Working Class: 1,615,342,846

Faroe Islands-0 Government Budget Details

Government Budget: $12,498,426,986,810.57
Government Expenditures: $11,998,489,907,338.15
Goverment Waste: $499,937,079,472.42
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,199,848,990,733.82 10%
Social Welfare: $1,319,833,889,807.20 11%
Healthcare: $1,439,818,788,880.58 12%
Education: $1,199,848,990,733.82 10%
Religion & Spirituality: $239,969,798,146.76 2%
Defense: $2,279,713,082,394.25 19%
Law & Order: $1,679,788,587,027.34 14%
Commerce: $479,939,596,293.53 4%
Public Transport: $1,199,848,990,733.82 10%
The Environment: $479,939,596,293.53 4%
Social Equality: $599,924,495,366.91 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $10,668,600,000,000.00
GDP Per Capita: $2,504.95
Average Salary Per Employee: $4,553.96
Unemployment Rate: 23.56%
Consumption: $37,972,651,435,622.40
Exports: $6,240,632,717,312.00
Imports: $6,123,991,072,768.00
Trade Net: 116,641,644,544.00

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

Black & Grey Markets Combined: $11,428,851,756,897.54
Avg Annual Criminal's Income / Savings: ? $2,109.53
Recovered Product + Fines & Fees: $1,200,029,434,474.24

Black Market & Grey Market Statistics:

Guns & Weapons: $568,466,800,568.68
Drugs and Pharmaceuticals: $524,738,585,140.32
Extortion & Blackmail: $408,130,010,664.69
Counterfeit Goods: $801,683,949,519.93
Trafficking & Intl Sales: $378,977,867,045.78
Theft & Disappearance: $495,586,441,521.41
Counterfeit Currency & Instruments : $976,596,811,233.36
Illegal Mining, Logging, and Hunting : $262,369,292,570.16
Basic Necessitites : $539,314,656,949.77
School Loan Fraud : $349,825,723,426.88
Tax Evasion + Barter Trade : $4,914,406,255,465.94

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: $10,668,600,000,000.00 - 48%
Black & Grey Markets Combined: $11,428,851,756,897.54 - 52%
Real Total Economy: $22,097,451,756,897.54          

Countries of the World Economic Statistics & Links

Gross Regional Product: $9,338,080,313,999,360
Region Wide Imports: $1,289,123,696,476,160
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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