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: 4,710,000,000
Criminals: 514,753,715
Elderly, Disabled, & Retirees: 652,113,570
Military & Reserves: ? 229,847,375
Students and Youth: 791,280,000
Unemployed but Able: 735,647,675
Working Class: 1,786,357,666

Faroe Islands-0 Government Budget Details

Government Budget: $13,821,927,773,322.61
Government Expenditures: $13,269,050,662,389.71
Goverment Waste: $552,877,110,932.90
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,326,905,066,238.97 10%
Social Welfare: $1,459,595,572,862.87 11%
Healthcare: $1,592,286,079,486.77 12%
Education: $1,326,905,066,238.97 10%
Religion & Spirituality: $265,381,013,247.79 2%
Defense: $2,521,119,625,854.04 19%
Law & Order: $1,857,667,092,734.56 14%
Commerce: $530,762,026,495.59 4%
Public Transport: $1,326,905,066,238.97 10%
The Environment: $530,762,026,495.59 4%
Social Equality: $663,452,533,119.49 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $11,790,600,000,000.00
GDP Per Capita: $2,503.31
Average Salary Per Employee: $4,551.08
Unemployment Rate: 23.56%
Consumption: $41,993,704,172,421.12
Exports: $6,893,743,218,688.00
Imports: $6,772,481,327,104.00
Trade Net: 121,261,891,584.00

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

Black & Grey Markets Combined: $12,639,091,597,890.79
Avg Annual Criminal's Income / Savings: ? $2,109.42
Recovered Product + Fines & Fees: $1,327,104,617,778.53

Black Market & Grey Market Statistics:

Guns & Weapons: $628,663,676,419.74
Drugs and Pharmaceuticals: $580,304,932,079.76
Extortion & Blackmail: $451,348,280,506.48
Counterfeit Goods: $886,576,979,566.30
Trafficking & Intl Sales: $419,109,117,613.16
Theft & Disappearance: $548,065,769,186.44
Counterfeit Currency & Instruments : $1,080,011,956,926.22
Illegal Mining, Logging, and Hunting : $290,152,466,039.88
Basic Necessitites : $596,424,513,526.42
School Loan Fraud : $386,869,954,719.84
Tax Evasion + Barter Trade : $5,434,809,387,093.04

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: $11,790,600,000,000.00 - 48%
Black & Grey Markets Combined: $12,639,091,597,890.79 - 52%
Real Total Economy: $24,429,691,597,890.79          

Countries of the World Economic Statistics & Links

Gross Regional Product: $11,783,817,228,451,840
Region Wide Imports: $1,624,935,780,843,520
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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