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: 5,116,000,000
Criminals: 559,244,594
Elderly, Disabled, & Retirees: 708,321,970
Military & Reserves: ? 249,637,123
Students and Youth: 859,488,000
Unemployed but Able: 799,146,108
Working Class: 1,940,162,204

Faroe Islands-0 Government Budget Details

Government Budget: $15,013,372,102,327.67
Government Expenditures: $14,412,837,218,234.56
Goverment Waste: $600,534,884,093.11
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,441,283,721,823.46 10%
Social Welfare: $1,585,412,094,005.80 11%
Healthcare: $1,729,540,466,188.15 12%
Education: $1,441,283,721,823.46 10%
Religion & Spirituality: $288,256,744,364.69 2%
Defense: $2,738,439,071,464.57 19%
Law & Order: $2,017,797,210,552.84 14%
Commerce: $576,513,488,729.38 4%
Public Transport: $1,441,283,721,823.46 10%
The Environment: $576,513,488,729.38 4%
Social Equality: $720,641,860,911.73 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $12,771,800,000,000.00
GDP Per Capita: $2,496.44
Average Salary Per Employee: $4,539.01
Unemployment Rate: 23.57%
Consumption: $45,613,543,713,669.12
Exports: $7,452,890,636,288.00
Imports: $7,356,266,053,632.00
Trade Net: 96,624,582,656.00

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

Black & Grey Markets Combined: $13,728,575,948,774.68
Avg Annual Criminal's Income / Savings: ? $2,108.97
Recovered Product + Fines & Fees: $1,441,500,474,621.34

Black Market & Grey Market Statistics:

Guns & Weapons: $682,854,219,476.07
Drugs and Pharmaceuticals: $630,326,971,824.07
Extortion & Blackmail: $490,254,311,418.72
Counterfeit Goods: $962,999,540,286.77
Trafficking & Intl Sales: $455,236,146,317.38
Theft & Disappearance: $595,308,806,722.73
Counterfeit Currency & Instruments : $1,173,108,530,894.79
Illegal Mining, Logging, and Hunting : $315,163,485,912.03
Basic Necessitites : $647,836,054,374.74
School Loan Fraud : $420,217,981,216.04
Tax Evasion + Barter Trade : $5,903,287,657,973.11

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: $12,771,800,000,000.00 - 48%
Black & Grey Markets Combined: $13,728,575,948,774.68 - 52%
Real Total Economy: $26,500,375,948,774.68          

Countries of the World Economic Statistics & Links

Gross Regional Product: $14,043,891,296,632,832
Region Wide Imports: $1,927,514,616,233,984
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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