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: Good
Civil Rights Rating: Good
Political Freedoms: Good
Income Tax Rate: 15%
Consumer Confidence Rate: 101%
Worker Enthusiasm Rate: 103%
Major Industry: Cheese Exports
National Animal: dolphin

Faroe Islands-0 Demographics

Total Population: 3,564,000,000
Criminals: 398,678,902
Elderly, Disabled, & Retirees: 494,958,508
Military & Reserves: ? 135,912,040
Students and Youth: 596,970,000
Unemployed but Able: 563,258,809
Working Class: 1,374,221,741

Faroe Islands-0 Government Budget Details

Government Budget: $7,392,125,376,308.18
Government Expenditures: $7,096,440,361,255.86
Goverment Waste: $295,685,015,052.33
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $709,644,036,125.59 10%
Social Welfare: $780,608,439,738.14 11%
Healthcare: $780,608,439,738.14 11%
Education: $709,644,036,125.59 10%
Religion & Spirituality: $212,893,210,837.68 3%
Defense: $1,064,466,054,188.38 15%
Law & Order: $1,064,466,054,188.38 15%
Commerce: $283,857,614,450.23 4%
Public Transport: $709,644,036,125.59 10%
The Environment: $283,857,614,450.23 4%
Social Equality: $354,822,018,062.79 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $6,245,030,000,000.00
GDP Per Capita: $1,752.25
Average Salary Per Employee: $3,072.91
Unemployment Rate: 24.34%
Consumption: $23,649,904,282,828.80
Exports: $3,788,575,855,616.00
Imports: $3,805,288,333,312.00
Trade Net: -16,712,477,696.00

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

Black & Grey Markets Combined: $6,595,034,567,043.08
Avg Annual Criminal's Income / Savings: ? $1,378.52
Recovered Product + Fines & Fees: $741,941,388,792.35

Black Market & Grey Market Statistics:

Guns & Weapons: $262,730,720,038.73
Drugs and Pharmaceuticals: $291,923,022,265.26
Extortion & Blackmail: $233,538,417,812.20
Counterfeit Goods: $442,054,862,287.39
Trafficking & Intl Sales: $225,197,760,033.20
Theft & Disappearance: $266,901,048,928.23
Counterfeit Currency & Instruments : $542,142,755,635.47
Illegal Mining, Logging, and Hunting : $150,131,840,022.13
Basic Necessitites : $308,604,337,823.27
School Loan Fraud : $200,175,786,696.18
Tax Evasion + Barter Trade : $2,835,864,863,828.53

Faroe Islands-0 Total Market Statistics ?

National Currency: lira
Exchange Rates: 1 lira = $0.18
  $1 = 5.54 liras
  Regional Exchange Rates
Gross Domestic Product: $6,245,030,000,000.00 - 49%
Black & Grey Markets Combined: $6,595,034,567,043.08 - 51%
Real Total Economy: $12,840,064,567,043.08          

Countries of the World Economic Statistics & Links

Gross Regional Product: $7,415,188,558,970,880
Region Wide Imports: $1,009,689,231,884,288
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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