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: 4,577,000,000
Criminals: 500,241,835
Elderly, Disabled, & Retirees: 633,698,627
Military & Reserves: ? 223,352,439
Students and Youth: 768,936,000
Unemployed but Able: 714,891,621
Working Class: 1,735,879,478

Faroe Islands-0 Government Budget Details

Government Budget: $13,431,627,344,762.63
Government Expenditures: $12,894,362,250,972.13
Goverment Waste: $537,265,093,790.51
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,289,436,225,097.21 10%
Social Welfare: $1,418,379,847,606.93 11%
Healthcare: $1,547,323,470,116.66 12%
Education: $1,289,436,225,097.21 10%
Religion & Spirituality: $257,887,245,019.44 2%
Defense: $2,449,928,827,684.70 19%
Law & Order: $1,805,210,715,136.10 14%
Commerce: $515,774,490,038.89 4%
Public Transport: $1,289,436,225,097.21 10%
The Environment: $515,774,490,038.89 4%
Social Equality: $644,718,112,548.61 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $11,450,700,000,000.00
GDP Per Capita: $2,501.79
Average Salary Per Employee: $4,548.41
Unemployment Rate: 23.56%
Consumption: $40,807,895,578,705.92
Exports: $6,692,128,817,152.00
Imports: $6,581,240,987,648.00
Trade Net: 110,887,829,504.00

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

Black & Grey Markets Combined: $12,282,191,826,153.69
Avg Annual Criminal's Income / Savings: ? $2,109.32
Recovered Product + Fines & Fees: $1,289,630,141,746.14

Black Market & Grey Market Statistics:

Guns & Weapons: $610,911,615,610.95
Drugs and Pharmaceuticals: $563,918,414,410.11
Extortion & Blackmail: $438,603,211,207.86
Counterfeit Goods: $861,542,022,015.44
Trafficking & Intl Sales: $407,274,410,407.30
Theft & Disappearance: $532,589,613,609.55
Counterfeit Currency & Instruments : $1,049,514,826,818.81
Illegal Mining, Logging, and Hunting : $281,959,207,205.05
Basic Necessitites : $579,582,814,810.39
School Loan Fraud : $375,945,609,606.74
Tax Evasion + Barter Trade : $5,281,342,485,246.09

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: $11,450,700,000,000.00 - 48%
Black & Grey Markets Combined: $12,282,191,826,153.69 - 52%
Real Total Economy: $23,732,891,826,153.69          

Countries of the World Economic Statistics & Links

Gross Regional Product: $11,370,696,135,409,664
Region Wide Imports: $1,566,341,421,072,384
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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