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: 4,454,000,000
Criminals: 486,801,573
Elderly, Disabled, & Retirees: 616,668,840
Military & Reserves: ? 217,349,602
Students and Youth: 748,272,000
Unemployed but Able: 695,682,133
Working Class: 1,689,225,852

Faroe Islands-0 Government Budget Details

Government Budget: $13,070,672,795,648.66
Government Expenditures: $12,547,845,883,822.71
Goverment Waste: $522,826,911,825.95
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,254,784,588,382.27 10%
Social Welfare: $1,380,263,047,220.50 11%
Healthcare: $1,505,741,506,058.73 12%
Education: $1,254,784,588,382.27 10%
Religion & Spirituality: $250,956,917,676.45 2%
Defense: $2,384,090,717,926.32 19%
Law & Order: $1,756,698,423,735.18 14%
Commerce: $501,913,835,352.91 4%
Public Transport: $1,254,784,588,382.27 10%
The Environment: $501,913,835,352.91 4%
Social Equality: $627,392,294,191.14 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $11,142,100,000,000.00
GDP Per Capita: $2,501.59
Average Salary Per Employee: $4,548.06
Unemployment Rate: 23.56%
Consumption: $39,711,245,472,890.88
Exports: $6,511,462,129,664.00
Imports: $6,404,380,295,168.00
Trade Net: 107,081,834,496.00

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

Black & Grey Markets Combined: $11,952,126,607,774.22
Avg Annual Criminal's Income / Savings: ? $2,109.31
Recovered Product + Fines & Fees: $1,254,973,293,816.29

Black Market & Grey Market Statistics:

Guns & Weapons: $594,494,295,423.21
Drugs and Pharmaceuticals: $548,763,965,006.04
Extortion & Blackmail: $426,816,417,226.92
Counterfeit Goods: $838,389,390,981.45
Trafficking & Intl Sales: $396,329,530,282.14
Theft & Disappearance: $518,277,078,061.26
Counterfeit Currency & Instruments : $1,021,310,712,650.13
Illegal Mining, Logging, and Hunting : $274,381,982,503.02
Basic Necessitites : $564,007,408,478.43
School Loan Fraud : $365,842,643,337.36
Tax Evasion + Barter Trade : $5,139,414,441,342.91

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: $11,142,100,000,000.00 - 48%
Black & Grey Markets Combined: $11,952,126,607,774.22 - 52%
Real Total Economy: $23,094,226,607,774.22          

Countries of the World Economic Statistics & Links

Gross Regional Product: $10,484,005,505,859,584
Region Wide Imports: $1,444,014,444,249,088
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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