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: 4,421,000,000
Criminals: 483,177,332
Elderly, Disabled, & Retirees: 612,100,412
Military & Reserves: ? 215,742,615
Students and Youth: 742,728,000
Unemployed but Able: 690,515,179
Working Class: 1,676,736,461

Faroe Islands-0 Government Budget Details

Government Budget: $12,973,831,161,548.64
Government Expenditures: $12,454,877,915,086.69
Goverment Waste: $518,953,246,461.95
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,245,487,791,508.67 10%
Social Welfare: $1,370,036,570,659.54 11%
Healthcare: $1,494,585,349,810.40 12%
Education: $1,245,487,791,508.67 10%
Religion & Spirituality: $249,097,558,301.73 2%
Defense: $2,366,426,803,866.47 19%
Law & Order: $1,743,682,908,112.14 14%
Commerce: $498,195,116,603.47 4%
Public Transport: $1,245,487,791,508.67 10%
The Environment: $498,195,116,603.47 4%
Social Equality: $622,743,895,754.34 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $11,064,700,000,000.00
GDP Per Capita: $2,502.76
Average Salary Per Employee: $4,550.11
Unemployment Rate: 23.56%
Consumption: $39,417,021,758,177.28
Exports: $6,468,330,528,768.00
Imports: $6,356,929,609,728.00
Trade Net: 111,400,919,040.00

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

Black & Grey Markets Combined: $11,863,572,369,613.46
Avg Annual Criminal's Income / Savings: ? $2,109.39
Recovered Product + Fines & Fees: $1,245,675,098,809.41

Black Market & Grey Market Statistics:

Guns & Weapons: $590,089,640,824.94
Drugs and Pharmaceuticals: $544,698,129,992.25
Extortion & Blackmail: $423,654,101,105.08
Counterfeit Goods: $832,177,698,599.27
Trafficking & Intl Sales: $393,393,093,883.29
Theft & Disappearance: $514,437,122,770.46
Counterfeit Currency & Instruments : $1,013,743,741,930.02
Illegal Mining, Logging, and Hunting : $272,349,064,996.12
Basic Necessitites : $559,828,633,603.14
School Loan Fraud : $363,132,086,661.50
Tax Evasion + Barter Trade : $5,101,336,118,933.79

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: $11,064,700,000,000.00 - 48%
Black & Grey Markets Combined: $11,863,572,369,613.46 - 52%
Real Total Economy: $22,928,272,369,613.46          

Countries of the World Economic Statistics & Links

Gross Regional Product: $10,145,616,843,767,808
Region Wide Imports: $1,398,511,815,884,800
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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