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: Law & Order
Economic Rating: Good
Civil Rights Rating: Good
Political Freedoms: Good
Income Tax Rate: 15%
Consumer Confidence Rate: 101%
Worker Enthusiasm Rate: 103%
Major Industry: Gambling
National Animal: dolphin

Faroe Islands-0 Demographics

Total Population: 3,291,000,000
Criminals: 368,187,266
Elderly, Disabled, & Retirees: 457,043,639
Military & Reserves: ? 125,494,134
Students and Youth: 551,242,500
Unemployed but Able: 520,147,331
Working Class: 1,268,885,131

Faroe Islands-0 Government Budget Details

Government Budget: $6,825,893,869,733.81
Government Expenditures: $6,552,858,114,944.45
Goverment Waste: $273,035,754,789.35
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $655,285,811,494.45 10%
Social Welfare: $720,814,392,643.89 11%
Healthcare: $720,814,392,643.89 11%
Education: $655,285,811,494.45 10%
Religion & Spirituality: $196,585,743,448.33 3%
Defense: $982,928,717,241.67 15%
Law & Order: $982,928,717,241.67 15%
Commerce: $262,114,324,597.78 4%
Public Transport: $655,285,811,494.45 10%
The Environment: $262,114,324,597.78 4%
Social Equality: $327,642,905,747.22 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $5,753,100,000,000.00
GDP Per Capita: $1,748.13
Average Salary Per Employee: $3,065.85
Unemployment Rate: 24.34%
Consumption: $21,838,338,562,457.60
Exports: $3,484,809,850,880.00
Imports: $3,513,805,701,120.00
Trade Net: -28,995,850,240.00

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

Black & Grey Markets Combined: $6,089,859,645,257.34
Avg Annual Criminal's Income / Savings: ? $1,378.34
Recovered Product + Fines & Fees: $685,109,210,091.45

Black Market & Grey Market Statistics:

Guns & Weapons: $242,605,735,158.51
Drugs and Pharmaceuticals: $269,561,927,953.90
Extortion & Blackmail: $215,649,542,363.12
Counterfeit Goods: $408,193,776,615.90
Trafficking & Intl Sales: $207,947,772,993.01
Theft & Disappearance: $246,456,619,843.57
Counterfeit Currency & Instruments : $500,615,009,057.24
Illegal Mining, Logging, and Hunting : $138,631,848,662.01
Basic Necessitites : $284,965,466,694.12
School Loan Fraud : $184,842,464,882.67
Tax Evasion + Barter Trade : $2,618,639,647,460.66

Faroe Islands-0 Total Market Statistics ?

National Currency: lira
Exchange Rates: 1 lira = $0.18
  $1 = 5.55 liras
  Regional Exchange Rates
Gross Domestic Product: $5,753,100,000,000.00 - 49%
Black & Grey Markets Combined: $6,089,859,645,257.34 - 51%
Real Total Economy: $11,842,959,645,257.34          

Countries of the World Economic Statistics & Links

Gross Regional Product: $7,274,127,874,326,528
Region Wide Imports: $986,641,430,740,992
Largest Regional GDP: Kivu 3
Largest Regional Importer: Kivu 3
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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