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: 5,298,000,000
Criminals: 579,328,533
Elderly, Disabled, & Retirees: 733,514,726
Military & Reserves: ? 258,481,456
Students and Youth: 890,064,000
Unemployed but Able: 827,711,544
Working Class: 2,008,899,740

Faroe Islands-0 Government Budget Details

Government Budget: $15,547,468,035,957.72
Government Expenditures: $14,925,569,314,519.41
Goverment Waste: $621,898,721,438.31
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,492,556,931,451.94 10%
Social Welfare: $1,641,812,624,597.14 11%
Healthcare: $1,791,068,317,742.33 12%
Education: $1,492,556,931,451.94 10%
Religion & Spirituality: $298,511,386,290.39 2%
Defense: $2,835,858,169,758.69 19%
Law & Order: $2,089,579,704,032.72 14%
Commerce: $597,022,772,580.78 4%
Public Transport: $1,492,556,931,451.94 10%
The Environment: $597,022,772,580.78 4%
Social Equality: $746,278,465,725.97 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $13,170,500,000,000.00
GDP Per Capita: $2,485.94
Average Salary Per Employee: $4,520.55
Unemployment Rate: 23.58%
Consumption: $47,236,231,012,024.32
Exports: $7,662,417,313,792.00
Imports: $7,617,962,835,968.00
Trade Net: 44,454,477,824.00

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

Black & Grey Markets Combined: $14,216,965,668,205.87
Avg Annual Criminal's Income / Savings: ? $2,108.28
Recovered Product + Fines & Fees: $1,492,781,395,161.62

Black Market & Grey Market Statistics:

Guns & Weapons: $707,146,540,974.44
Drugs and Pharmaceuticals: $652,750,653,207.17
Extortion & Blackmail: $507,694,952,494.47
Counterfeit Goods: $997,257,942,399.84
Trafficking & Intl Sales: $471,431,027,316.29
Theft & Disappearance: $616,486,728,028.99
Counterfeit Currency & Instruments : $1,214,841,493,468.90
Illegal Mining, Logging, and Hunting : $326,375,326,603.59
Basic Necessitites : $670,882,615,796.26
School Loan Fraud : $435,167,102,138.11
Tax Evasion + Barter Trade : $6,113,295,237,328.53

Faroe Islands-0 Total Market Statistics ?

National Currency: lira
Exchange Rates: 1 lira = $0.25
  $1 = 4.03 liras
  Regional Exchange Rates
Gross Domestic Product: $13,170,500,000,000.00 - 48%
Black & Grey Markets Combined: $14,216,965,668,205.87 - 52%
Real Total Economy: $27,387,465,668,205.88          

Countries of the World Economic Statistics & Links

Gross Regional Product: $16,033,345,917,943,808
Region Wide Imports: $2,184,711,082,344,448
Largest Regional GDP: Kosnadovia
Largest Regional Importer: Kosnadovia
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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