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: 5,386,000,000
Criminals: 588,824,739
Elderly, Disabled, & Retirees: 745,702,159
Military & Reserves: ? 262,799,217
Students and Youth: 904,848,000
Unemployed but Able: 841,368,812
Working Class: 2,042,457,074

Faroe Islands-0 Government Budget Details

Government Budget: $15,805,712,007,010.71
Government Expenditures: $15,173,483,526,730.29
Goverment Waste: $632,228,480,280.43
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,517,348,352,673.03 10%
Social Welfare: $1,669,083,187,940.33 11%
Healthcare: $1,820,818,023,207.63 12%
Education: $1,517,348,352,673.03 10%
Religion & Spirituality: $303,469,670,534.61 2%
Defense: $2,882,961,870,078.75 19%
Law & Order: $2,124,287,693,742.24 14%
Commerce: $606,939,341,069.21 4%
Public Transport: $1,517,348,352,673.03 10%
The Environment: $606,939,341,069.21 4%
Social Equality: $758,674,176,336.51 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $13,426,500,000,000.00
GDP Per Capita: $2,492.85
Average Salary Per Employee: $4,532.70
Unemployment Rate: 23.57%
Consumption: $48,020,826,410,188.80
Exports: $7,826,846,384,128.00
Imports: $7,744,497,647,616.00
Trade Net: 82,348,736,512.00

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

Black & Grey Markets Combined: $14,453,109,949,833.62
Avg Annual Criminal's Income / Savings: ? $2,108.74
Recovered Product + Fines & Fees: $1,517,576,544,732.53

Black Market & Grey Market Statistics:

Guns & Weapons: $718,892,268,988.49
Drugs and Pharmaceuticals: $663,592,863,681.69
Extortion & Blackmail: $516,127,782,863.53
Counterfeit Goods: $1,013,822,430,624.80
Trafficking & Intl Sales: $479,261,512,659.00
Theft & Disappearance: $626,726,593,477.15
Counterfeit Currency & Instruments : $1,235,020,051,852.03
Illegal Mining, Logging, and Hunting : $331,796,431,840.84
Basic Necessitites : $682,025,998,783.96
School Loan Fraud : $442,395,242,454.46
Tax Evasion + Barter Trade : $6,214,837,278,428.46

Faroe Islands-0 Total Market Statistics ?

National Currency: lira
Exchange Rates: 1 lira = $0.25
  $1 = 4.03 liras
  Regional Exchange Rates
Gross Domestic Product: $13,426,500,000,000.00 - 48%
Black & Grey Markets Combined: $14,453,109,949,833.62 - 52%
Real Total Economy: $27,879,609,949,833.62          

Countries of the World Economic Statistics & Links

Gross Regional Product: $15,335,962,414,415,872
Region Wide Imports: $2,099,652,878,925,824
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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