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: 5,079,000,000
Criminals: 555,188,581
Elderly, Disabled, & Retirees: 703,199,572
Military & Reserves: ? 247,833,899
Students and Youth: 853,272,000
Unemployed but Able: 793,358,278
Working Class: 1,926,147,670

Faroe Islands-0 Government Budget Details

Government Budget: $14,904,792,580,305.72
Government Expenditures: $14,308,600,877,093.49
Goverment Waste: $596,191,703,212.23
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,430,860,087,709.35 10%
Social Welfare: $1,573,946,096,480.28 11%
Healthcare: $1,717,032,105,251.22 12%
Education: $1,430,860,087,709.35 10%
Religion & Spirituality: $286,172,017,541.87 2%
Defense: $2,718,634,166,647.76 19%
Law & Order: $2,003,204,122,793.09 14%
Commerce: $572,344,035,083.74 4%
Public Transport: $1,430,860,087,709.35 10%
The Environment: $572,344,035,083.74 4%
Social Equality: $715,430,043,854.68 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $12,682,800,000,000.00
GDP Per Capita: $2,497.11
Average Salary Per Employee: $4,540.17
Unemployment Rate: 23.57%
Consumption: $45,283,658,013,081.60
Exports: $7,402,349,912,064.00
Imports: $7,303,063,928,832.00
Trade Net: 99,285,983,232.00

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

Black & Grey Markets Combined: $13,629,288,313,431.99
Avg Annual Criminal's Income / Savings: ? $2,109.02
Recovered Product + Fines & Fees: $1,431,075,272,910.36

Black Market & Grey Market Statistics:

Guns & Weapons: $677,915,689,726.99
Drugs and Pharmaceuticals: $625,768,328,978.76
Extortion & Blackmail: $486,708,700,316.81
Counterfeit Goods: $956,034,947,050.88
Trafficking & Intl Sales: $451,943,793,151.33
Theft & Disappearance: $591,003,421,813.27
Counterfeit Currency & Instruments : $1,164,624,390,043.80
Illegal Mining, Logging, and Hunting : $312,884,164,489.38
Basic Necessitites : $643,150,782,561.50
School Loan Fraud : $417,178,885,985.84
Tax Evasion + Barter Trade : $5,860,593,974,775.76

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: $12,682,800,000,000.00 - 48%
Black & Grey Markets Combined: $13,629,288,313,431.99 - 52%
Real Total Economy: $26,312,088,313,431.99          

Countries of the World Economic Statistics & Links

Gross Regional Product: $13,849,181,101,752,320
Region Wide Imports: $1,901,653,947,056,128
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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