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: 4,664,000,000
Criminals: 509,726,558
Elderly, Disabled, & Retirees: 645,744,728
Military & Reserves: ? 227,602,550
Students and Youth: 783,552,000
Unemployed but Able: 728,463,122
Working Class: 1,768,911,043

Faroe Islands-0 Government Budget Details

Government Budget: $13,686,936,264,014.56
Government Expenditures: $13,139,458,813,453.98
Goverment Waste: $547,477,450,560.58
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,313,945,881,345.40 10%
Social Welfare: $1,445,340,469,479.94 11%
Healthcare: $1,576,735,057,614.48 12%
Education: $1,313,945,881,345.40 10%
Religion & Spirituality: $262,789,176,269.08 2%
Defense: $2,496,497,174,556.26 19%
Law & Order: $1,839,524,233,883.56 14%
Commerce: $525,578,352,538.16 4%
Public Transport: $1,313,945,881,345.40 10%
The Environment: $525,578,352,538.16 4%
Social Equality: $656,972,940,672.70 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $11,675,400,000,000.00
GDP Per Capita: $2,503.30
Average Salary Per Employee: $4,551.06
Unemployment Rate: 23.56%
Consumption: $41,583,573,718,794.24
Exports: $6,826,408,468,480.00
Imports: $6,706,338,201,600.00
Trade Net: 120,070,266,880.00

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

Black & Grey Markets Combined: $12,515,652,228,284.55
Avg Annual Criminal's Income / Savings: ? $2,109.42
Recovered Product + Fines & Fees: $1,314,143,483,969.88

Black Market & Grey Market Statistics:

Guns & Weapons: $622,523,848,465.29
Drugs and Pharmaceuticals: $574,637,398,583.34
Extortion & Blackmail: $446,940,198,898.16
Counterfeit Goods: $877,918,247,835.66
Trafficking & Intl Sales: $415,015,898,976.86
Theft & Disappearance: $542,713,098,662.05
Counterfeit Currency & Instruments : $1,069,464,047,363.44
Illegal Mining, Logging, and Hunting : $287,318,699,291.67
Basic Necessitites : $590,599,548,543.99
School Loan Fraud : $383,091,599,055.56
Tax Evasion + Barter Trade : $5,381,730,458,162.36

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: $11,675,400,000,000.00 - 48%
Black & Grey Markets Combined: $12,515,652,228,284.55 - 52%
Real Total Economy: $24,191,052,228,284.55          

Countries of the World Economic Statistics & Links

Gross Regional Product: $11,675,642,034,651,136
Region Wide Imports: $1,610,017,211,940,864
Largest Regional GDP: -For The Future
Largest Regional Importer: -For The Future
Regional Search Functions: All Countries of the World Nations.
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Regional Exchange Rates | WA Members
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