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: 4,311,000,000
Criminals: 471,120,976
Elderly, Disabled, & Retirees: 596,871,600
Military & Reserves: ? 210,381,280
Students and Youth: 724,248,000
Unemployed but Able: 673,309,603
Working Class: 1,635,068,542

Faroe Islands-0 Government Budget Details

Government Budget: $12,651,025,328,001.52
Government Expenditures: $12,144,984,314,881.46
Goverment Waste: $506,041,013,120.06
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,214,498,431,488.15 10%
Social Welfare: $1,335,948,274,636.96 11%
Healthcare: $1,457,398,117,785.78 12%
Education: $1,214,498,431,488.15 10%
Religion & Spirituality: $242,899,686,297.63 2%
Defense: $2,307,547,019,827.48 19%
Law & Order: $1,700,297,804,083.40 14%
Commerce: $485,799,372,595.26 4%
Public Transport: $1,214,498,431,488.15 10%
The Environment: $485,799,372,595.26 4%
Social Equality: $607,249,215,744.07 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $10,799,500,000,000.00
GDP Per Capita: $2,505.10
Average Salary Per Employee: $4,554.23
Unemployment Rate: 23.56%
Consumption: $38,436,274,868,060.16
Exports: $6,317,504,503,808.00
Imports: $6,198,761,357,312.00
Trade Net: 118,743,146,496.00

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

Black & Grey Markets Combined: $11,568,391,222,276.68
Avg Annual Criminal's Income / Savings: ? $2,109.54
Recovered Product + Fines & Fees: $1,214,681,078,339.05

Black Market & Grey Market Statistics:

Guns & Weapons: $575,407,441,249.33
Drugs and Pharmaceuticals: $531,145,330,384.00
Extortion & Blackmail: $413,113,034,743.11
Counterfeit Goods: $811,472,032,531.11
Trafficking & Intl Sales: $383,604,960,832.89
Theft & Disappearance: $501,637,256,473.78
Counterfeit Currency & Instruments : $988,520,475,992.45
Illegal Mining, Logging, and Hunting : $265,572,665,192.00
Basic Necessitites : $545,899,367,339.11
School Loan Fraud : $354,096,886,922.67
Tax Evasion + Barter Trade : $4,974,408,225,578.97

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: $10,799,500,000,000.00 - 48%
Black & Grey Markets Combined: $11,568,391,222,276.68 - 52%
Real Total Economy: $22,367,891,222,276.68          

Countries of the World Economic Statistics & Links

Gross Regional Product: $9,450,406,593,691,648
Region Wide Imports: $1,304,770,262,335,488
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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