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: 4,127,000,000
Criminals: 450,995,713
Elderly, Disabled, & Retirees: 571,396,721
Military & Reserves: ? 201,405,185
Students and Youth: 693,336,000
Unemployed but Able: 644,559,414
Working Class: 1,565,306,967

Faroe Islands-0 Government Budget Details

Government Budget: $12,111,060,450,410.50
Government Expenditures: $11,626,618,032,394.08
Goverment Waste: $484,442,418,016.42
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,162,661,803,239.41 10%
Social Welfare: $1,278,927,983,563.35 11%
Healthcare: $1,395,194,163,887.29 12%
Education: $1,162,661,803,239.41 10%
Religion & Spirituality: $232,532,360,647.88 2%
Defense: $2,209,057,426,154.88 19%
Law & Order: $1,627,726,524,535.17 14%
Commerce: $465,064,721,295.76 4%
Public Transport: $1,162,661,803,239.41 10%
The Environment: $465,064,721,295.76 4%
Social Equality: $581,330,901,619.70 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $10,343,600,000,000.00
GDP Per Capita: $2,506.32
Average Salary Per Employee: $4,556.37
Unemployment Rate: 23.56%
Consumption: $36,795,756,576,768.00
Exports: $6,052,884,094,976.00
Imports: $5,934,188,855,296.00
Trade Net: 118,695,239,680.00

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

Black & Grey Markets Combined: $11,074,634,804,254.52
Avg Annual Criminal's Income / Savings: ? $2,109.62
Recovered Product + Fines & Fees: $1,162,836,654,446.72

Black Market & Grey Market Statistics:

Guns & Weapons: $550,848,182,175.57
Drugs and Pharmaceuticals: $508,475,245,085.14
Extortion & Blackmail: $395,480,746,177.33
Counterfeit Goods: $776,837,179,991.19
Trafficking & Intl Sales: $367,232,121,450.38
Theft & Disappearance: $480,226,620,358.19
Counterfeit Currency & Instruments : $946,328,928,352.90
Illegal Mining, Logging, and Hunting : $254,237,622,542.57
Basic Necessitites : $522,599,557,448.62
School Loan Fraud : $338,983,496,723.43
Tax Evasion + Barter Trade : $4,762,092,965,829.44

Faroe Islands-0 Total Market Statistics ?

National Currency: lira
Exchange Rates: 1 lira = $0.25
  $1 = 4.01 liras
  Regional Exchange Rates
Gross Domestic Product: $10,343,600,000,000.00 - 48%
Black & Grey Markets Combined: $11,074,634,804,254.52 - 52%
Real Total Economy: $21,418,234,804,254.52          

Countries of the World Economic Statistics & Links

Gross Regional Product: $8,635,309,310,869,504
Region Wide Imports: $1,193,223,519,207,424
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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