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: 4,477,000,000
Criminals: 489,291,047
Elderly, Disabled, & Retirees: 619,853,971
Military & Reserves: ? 218,476,660
Students and Youth: 752,136,000
Unemployed but Able: 699,257,054
Working Class: 1,697,985,269

Faroe Islands-0 Government Budget Details

Government Budget: $13,138,167,390,661.51
Government Expenditures: $12,612,640,695,035.05
Goverment Waste: $525,526,695,626.46
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,261,264,069,503.51 10%
Social Welfare: $1,387,390,476,453.86 11%
Healthcare: $1,513,516,883,404.21 12%
Education: $1,261,264,069,503.51 10%
Religion & Spirituality: $252,252,813,900.70 2%
Defense: $2,396,401,732,056.66 19%
Law & Order: $1,765,769,697,304.91 14%
Commerce: $504,505,627,801.40 4%
Public Transport: $1,261,264,069,503.51 10%
The Environment: $504,505,627,801.40 4%
Social Equality: $630,632,034,751.75 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $11,206,800,000,000.00
GDP Per Capita: $2,503.19
Average Salary Per Employee: $4,550.87
Unemployment Rate: 23.56%
Consumption: $39,916,307,176,488.96
Exports: $6,552,245,723,136.00
Imports: $6,437,451,857,920.00
Trade Net: 114,793,865,216.00

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

Black & Grey Markets Combined: $12,013,845,232,174.54
Avg Annual Criminal's Income / Savings: ? $2,109.41
Recovered Product + Fines & Fees: $1,261,453,749,378.33

Black Market & Grey Market Statistics:

Guns & Weapons: $597,564,156,656.40
Drugs and Pharmaceuticals: $551,597,683,067.45
Extortion & Blackmail: $429,020,420,163.57
Counterfeit Goods: $842,718,682,464.15
Trafficking & Intl Sales: $398,376,104,437.60
Theft & Disappearance: $520,953,367,341.48
Counterfeit Currency & Instruments : $1,026,584,576,819.97
Illegal Mining, Logging, and Hunting : $275,798,841,533.72
Basic Necessitites : $566,919,840,930.43
School Loan Fraud : $367,731,788,711.63
Tax Evasion + Barter Trade : $5,165,953,449,835.05

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: $11,206,800,000,000.00 - 48%
Black & Grey Markets Combined: $12,013,845,232,174.54 - 52%
Real Total Economy: $23,220,645,232,174.54          

Countries of the World Economic Statistics & Links

Gross Regional Product: $10,560,346,402,062,336
Region Wide Imports: $1,456,120,346,443,776
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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