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: 4,077,000,000
Criminals: 445,512,343
Elderly, Disabled, & Retirees: 564,474,627
Military & Reserves: ? 198,968,833
Students and Youth: 684,936,000
Unemployed but Able: 636,736,387
Working Class: 1,546,371,810

Faroe Islands-0 Government Budget Details

Government Budget: $11,964,331,053,180.52
Government Expenditures: $11,485,757,811,053.30
Goverment Waste: $478,573,242,127.22
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,148,575,781,105.33 10%
Social Welfare: $1,263,433,359,215.86 11%
Healthcare: $1,378,290,937,326.40 12%
Education: $1,148,575,781,105.33 10%
Religion & Spirituality: $229,715,156,221.07 2%
Defense: $2,182,293,984,100.13 19%
Law & Order: $1,608,006,093,547.46 14%
Commerce: $459,430,312,442.13 4%
Public Transport: $1,148,575,781,105.33 10%
The Environment: $459,430,312,442.13 4%
Social Equality: $574,287,890,552.67 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $10,224,000,000,000.00
GDP Per Capita: $2,507.73
Average Salary Per Employee: $4,558.83
Unemployment Rate: 23.55%
Consumption: $36,349,964,137,267.20
Exports: $5,985,248,550,912.00
Imports: $5,862,294,290,432.00
Trade Net: 122,954,260,480.00

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

Black & Grey Markets Combined: $10,940,462,037,466.35
Avg Annual Criminal's Income / Savings: ? $2,109.71
Recovered Product + Fines & Fees: $1,148,748,513,933.97

Black Market & Grey Market Statistics:

Guns & Weapons: $544,174,479,070.31
Drugs and Pharmaceuticals: $502,314,903,757.21
Extortion & Blackmail: $390,689,369,588.94
Counterfeit Goods: $767,425,547,406.85
Trafficking & Intl Sales: $362,782,986,046.88
Theft & Disappearance: $474,408,520,215.14
Counterfeit Currency & Instruments : $934,863,848,659.25
Illegal Mining, Logging, and Hunting : $251,157,451,878.61
Basic Necessitites : $516,268,095,528.25
School Loan Fraud : $334,876,602,504.81
Tax Evasion + Barter Trade : $4,704,398,676,110.53

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: $10,224,000,000,000.00 - 48%
Black & Grey Markets Combined: $10,940,462,037,466.35 - 52%
Real Total Economy: $21,164,462,037,466.34          

Countries of the World Economic Statistics & Links

Gross Regional Product: $8,460,562,660,851,712
Region Wide Imports: $1,170,190,951,776,256
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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