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: 3,913,000,000
Criminals: 427,583,621
Elderly, Disabled, & Retirees: 541,768,492
Military & Reserves: ? 190,966,665
Students and Youth: 657,384,000
Unemployed but Able: 611,117,707
Working Class: 1,484,179,516

Faroe Islands-0 Government Budget Details

Government Budget: $11,483,057,934,481.49
Government Expenditures: $11,023,735,617,102.23
Goverment Waste: $459,322,317,379.26
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,102,373,561,710.22 10%
Social Welfare: $1,212,610,917,881.25 11%
Healthcare: $1,322,848,274,052.27 12%
Education: $1,102,373,561,710.22 10%
Religion & Spirituality: $220,474,712,342.05 2%
Defense: $2,094,509,767,249.42 19%
Law & Order: $1,543,322,986,394.31 14%
Commerce: $440,949,424,684.09 4%
Public Transport: $1,102,373,561,710.22 10%
The Environment: $440,949,424,684.09 4%
Social Equality: $551,186,780,855.11 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $9,815,000,000,000.00
GDP Per Capita: $2,508.31
Average Salary Per Employee: $4,559.85
Unemployment Rate: 23.55%
Consumption: $34,887,762,821,775.36
Exports: $5,746,797,633,536.00
Imports: $5,626,479,509,504.00
Trade Net: 120,318,124,032.00

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

Black & Grey Markets Combined: $10,500,374,726,159.46
Avg Annual Criminal's Income / Savings: ? $2,109.75
Recovered Product + Fines & Fees: $1,102,539,346,246.74

Black Market & Grey Market Statistics:

Guns & Weapons: $522,284,701,238.65
Drugs and Pharmaceuticals: $482,108,954,989.52
Extortion & Blackmail: $374,973,631,658.52
Counterfeit Goods: $736,555,347,900.66
Trafficking & Intl Sales: $348,189,800,825.77
Theft & Disappearance: $455,325,124,156.77
Counterfeit Currency & Instruments : $897,258,332,897.17
Illegal Mining, Logging, and Hunting : $241,054,477,494.76
Basic Necessitites : $495,500,870,405.90
School Loan Fraud : $321,405,969,993.02
Tax Evasion + Barter Trade : $4,515,161,132,248.57

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: $9,815,000,000,000.00 - 48%
Black & Grey Markets Combined: $10,500,374,726,159.46 - 52%
Real Total Economy: $20,315,374,726,159.45          

Countries of the World Economic Statistics & Links

Gross Regional Product: $7,818,485,988,065,280
Region Wide Imports: $1,081,819,315,306,496
Largest Regional GDP: -For The Future
Largest Regional Importer: -For The Future
Regional Search Functions: All Countries of the World Nations.
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Regional Exchange Rates | WA Members
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