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: 4,217,000,000
Criminals: 460,846,363
Elderly, Disabled, & Retirees: 583,857,060
Military & Reserves: ? 205,794,361
Students and Youth: 708,456,000
Unemployed but Able: 658,626,881
Working Class: 1,599,419,335

Faroe Islands-0 Government Budget Details

Government Budget: $12,375,174,525,065.62
Government Expenditures: $11,880,167,544,063.00
Goverment Waste: $495,006,981,002.63
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,188,016,754,406.30 10%
Social Welfare: $1,306,818,429,846.93 11%
Healthcare: $1,425,620,105,287.56 12%
Education: $1,188,016,754,406.30 10%
Religion & Spirituality: $237,603,350,881.26 2%
Defense: $2,257,231,833,371.97 19%
Law & Order: $1,663,223,456,168.82 14%
Commerce: $475,206,701,762.52 4%
Public Transport: $1,188,016,754,406.30 10%
The Environment: $475,206,701,762.52 4%
Social Equality: $594,008,377,203.15 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $10,564,600,000,000.00
GDP Per Capita: $2,505.24
Average Salary Per Employee: $4,554.47
Unemployment Rate: 23.56%
Consumption: $37,598,186,491,084.80
Exports: $6,180,353,695,744.00
Imports: $6,063,599,386,624.00
Trade Net: 116,754,309,120.00

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

Black & Grey Markets Combined: $11,316,146,844,876.04
Avg Annual Criminal's Income / Savings: ? $2,109.55
Recovered Product + Fines & Fees: $1,188,195,418,711.98

Black Market & Grey Market Statistics:

Guns & Weapons: $562,860,900,509.07
Drugs and Pharmaceuticals: $519,563,908,162.22
Extortion & Blackmail: $404,105,261,903.95
Counterfeit Goods: $793,778,193,025.61
Trafficking & Intl Sales: $375,240,600,339.38
Theft & Disappearance: $490,699,246,597.65
Counterfeit Currency & Instruments : $966,966,162,413.01
Illegal Mining, Logging, and Hunting : $259,781,954,081.11
Basic Necessitites : $533,996,238,944.50
School Loan Fraud : $346,375,938,774.81
Tax Evasion + Barter Trade : $4,865,943,143,296.70

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: $10,564,600,000,000.00 - 48%
Black & Grey Markets Combined: $11,316,146,844,876.04 - 52%
Real Total Economy: $21,880,746,844,876.04          

Countries of the World Economic Statistics & Links

Gross Regional Product: $8,992,513,687,814,144
Region Wide Imports: $1,241,671,824,048,128
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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