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: 3,928,000,000
Criminals: 429,228,156
Elderly, Disabled, & Retirees: 543,845,134
Military & Reserves: ? 191,697,662
Students and Youth: 659,904,000
Unemployed but Able: 613,464,273
Working Class: 1,489,860,776

Faroe Islands-0 Government Budget Details

Government Budget: $11,527,076,753,650.48
Government Expenditures: $11,065,993,683,504.46
Goverment Waste: $461,083,070,146.02
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,106,599,368,350.45 10%
Social Welfare: $1,217,259,305,185.49 11%
Healthcare: $1,327,919,242,020.54 12%
Education: $1,106,599,368,350.45 10%
Religion & Spirituality: $221,319,873,670.09 2%
Defense: $2,102,538,799,865.85 19%
Law & Order: $1,549,239,115,690.63 14%
Commerce: $442,639,747,340.18 4%
Public Transport: $1,106,599,368,350.45 10%
The Environment: $442,639,747,340.18 4%
Social Equality: $553,299,684,175.22 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $9,851,020,000,000.00
GDP Per Capita: $2,507.90
Average Salary Per Employee: $4,559.13
Unemployment Rate: 23.55%
Consumption: $35,021,500,553,625.60
Exports: $5,767,228,497,920.00
Imports: $5,648,048,193,536.00
Trade Net: 119,180,304,384.00

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

Black & Grey Markets Combined: $10,540,626,556,195.91
Avg Annual Criminal's Income / Savings: ? $2,109.72
Recovered Product + Fines & Fees: $1,106,765,788,400.57

Black Market & Grey Market Statistics:

Guns & Weapons: $524,286,812,170.23
Drugs and Pharmaceuticals: $483,957,057,387.90
Extortion & Blackmail: $376,411,044,635.03
Counterfeit Goods: $739,378,837,675.96
Trafficking & Intl Sales: $349,524,541,446.82
Theft & Disappearance: $457,070,554,199.68
Counterfeit Currency & Instruments : $900,697,856,805.26
Illegal Mining, Logging, and Hunting : $241,978,528,693.95
Basic Necessitites : $497,400,308,982.01
School Loan Fraud : $322,638,038,258.60
Tax Evasion + Barter Trade : $4,532,469,419,164.24

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: $9,851,020,000,000.00 - 48%
Black & Grey Markets Combined: $10,540,626,556,195.91 - 52%
Real Total Economy: $20,391,646,556,195.91          

Countries of the World Economic Statistics & Links

Gross Regional Product: $7,963,873,852,260,352
Region Wide Imports: $1,101,630,791,483,392
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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