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: 4,397,000,000
Criminals: 480,554,453
Elderly, Disabled, & Retirees: 608,777,539
Military & Reserves: ? 214,571,404
Students and Youth: 738,696,000
Unemployed but Able: 686,766,706
Working Class: 1,667,633,897

Faroe Islands-0 Government Budget Details

Government Budget: $12,903,400,355,093.55
Government Expenditures: $12,387,264,340,889.80
Goverment Waste: $516,136,014,203.74
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,238,726,434,088.98 10%
Social Welfare: $1,362,599,077,497.88 11%
Healthcare: $1,486,471,720,906.78 12%
Education: $1,238,726,434,088.98 10%
Religion & Spirituality: $247,745,286,817.80 2%
Defense: $2,353,580,224,769.06 19%
Law & Order: $1,734,217,007,724.57 14%
Commerce: $495,490,573,635.59 4%
Public Transport: $1,238,726,434,088.98 10%
The Environment: $495,490,573,635.59 4%
Social Equality: $619,363,217,044.49 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $11,004,600,000,000.00
GDP Per Capita: $2,502.75
Average Salary Per Employee: $4,550.09
Unemployment Rate: 23.56%
Consumption: $39,203,039,273,287.68
Exports: $6,433,189,527,552.00
Imports: $6,322,420,449,280.00
Trade Net: 110,769,078,272.00

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

Black & Grey Markets Combined: $11,799,168,805,313.46
Avg Annual Criminal's Income / Savings: ? $2,109.38
Recovered Product + Fines & Fees: $1,238,912,724,557.91

Black Market & Grey Market Statistics:

Guns & Weapons: $586,886,231,687.99
Drugs and Pharmaceuticals: $541,741,136,942.76
Extortion & Blackmail: $421,354,217,622.15
Counterfeit Goods: $827,660,070,329.22
Trafficking & Intl Sales: $391,257,487,791.99
Theft & Disappearance: $511,644,407,112.61
Counterfeit Currency & Instruments : $1,008,240,449,310.14
Illegal Mining, Logging, and Hunting : $270,870,568,471.38
Basic Necessitites : $556,789,501,857.84
School Loan Fraud : $361,160,757,961.84
Tax Evasion + Barter Trade : $5,073,642,586,284.79

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: $11,004,600,000,000.00 - 48%
Black & Grey Markets Combined: $11,799,168,805,313.46 - 52%
Real Total Economy: $22,803,768,805,313.46          

Countries of the World Economic Statistics & Links

Gross Regional Product: $10,088,943,676,555,264
Region Wide Imports: $1,390,694,035,881,984
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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